Mercurity Fintech Holding Inc (MFH)
1.41
+0.02
(+1.44%)
USD |
NASDAQ |
Apr 26, 16:00
1.41
0.00 (0.00%)
After-Hours: 20:00
Mercurity Fintech Debt to Equity Ratio: 0.5047 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.5047 |
| June 30, 2023 | 0.473 |
| December 31, 2022 | 0.00 |
| Date | Value |
|---|---|
| June 30, 2022 | 0.00 |
| June 30, 2019 | -0.4245 |
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
-0.4245
Minimum
Jun 2019
0.5047
Maximum
Dec 2023
0.1106
Average
--
Median
Jun 2022
Debt to Equity Ratio Benchmarks
| Root Inc | 1.757 |
| Cleanspark Inc | 0.0178 |
| Goosehead Insurance Inc | 1.360 |
| AmeriServ Financial Inc | 1.097 |
| HNR Acquisition Corp | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 30.40M |
| Total Liabilities (Quarterly) | 12.56M |
| Shareholders Equity (Quarterly) | 17.83M |
| Current Ratio | 1.930 |
| Net Debt Paydown Yield | -1.90% |