Massimo Group (MAMO)
2.88
+0.15
(+5.49%)
USD |
NASDAQ |
Nov 21, 16:00
Massimo Group Debt to Equity Ratio: 0.2856 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.2856 |
| June 30, 2024 | 0.2826 |
| March 31, 2024 | 0.4376 |
| December 31, 2023 | 0.5682 |
| Date | Value |
|---|---|
| September 30, 2023 | 1.307 |
| June 30, 2023 | |
| March 31, 2023 | |
| December 31, 2022 | 3.278 |
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
0.2826
Minimum
Jun 2024
3.278
Maximum
Dec 2022
1.026
Average
0.5029
Median
Debt to Equity Ratio Benchmarks
| Polaris Inc | 1.625 |
| Life Electric Vehicles Holdings Inc | 0.5013 |
| Vivic Corp | 0.3077 |
| Twin Vee PowerCats Co | 0.0287 |
| Tesla Inc | 0.1057 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 57.05M |
| Total Liabilities (Quarterly) | 34.51M |
| Shareholders Equity (Quarterly) | 22.54M |
| Current Ratio | 1.716 |
| Net Debt Paydown Yield | -0.83% |