Massimo Group (MAMO)
4.23
+0.21
(+5.22%)
USD |
NASDAQ |
May 10, 16:00
4.20
-0.03
(-0.71%)
After-Hours: 20:00
Massimo Group Debt to Equity Ratio: 0.5676 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
Date | Value |
---|---|
December 31, 2023 | 0.5676 |
September 30, 2023 | 1.304 |
Date | Value |
---|---|
December 31, 2022 | 3.271 |
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
0.5676
Minimum
Dec 2023
3.271
Maximum
Dec 2022
1.714
Average
1.304
Median
Sep 2023
Debt to Equity Ratio Benchmarks
Polaris Inc | 1.501 |
Life Electric Vehicles Holdings Inc | 0.5013 |
Vivic Corp | 0.414 |
Twin Vee PowerCats Co | 0.0213 |
Tesla Inc | 0.0757 |
Debt to Equity Ratio Related Metrics
Total Assets (Quarterly) | 41.94M |
Total Liabilities (Quarterly) | 27.46M |
Shareholders Equity (Quarterly) | 14.49M |
Current Ratio | 2.037 |