Lytus Technologies Holdings Pvt Ltd (LYT)
3.06
0.00 (0.00%)
USD |
NASDAQ |
May 16, 16:00
3.20
+0.14
(+4.58%)
After-Hours: 07:25
Lytus Technologies Holdings Pvt Debt to Equity Ratio: 0.579 for Sept. 30, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2023 | 0.579 |
| March 31, 2023 | 0.4752 |
| Date | Value |
|---|---|
| September 30, 2022 | 0.0016 |
| September 30, 2021 | 0.2069 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.0016
Minimum
Sep 2022
0.579
Maximum
Sep 2023
0.3157
Average
0.3411
Median
Debt to Equity Ratio Benchmarks
| LivePerson Inc | 26.69 |
| MicroStrategy Inc | 1.483 |
| AudioEye Inc | 1.373 |
| Treasure Global Inc | 0.0031 |
| Rumble Inc | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 30.74M |
| Total Liabilities (Quarterly) | 19.77M |
| Shareholders Equity (Quarterly) | 8.220M |
| Current Ratio | 0.4639 |
| Net Debt Paydown Yield | -9.61% |