Mag Mile Capital Inc (MMCP)
55.00
0.00 (0.00%)
USD |
OTCM |
Nov 21, 16:00
Mag Mile Capital Debt to Equity Ratio: 3.196 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 3.196 |
| June 30, 2024 | 0.4513 |
| March 31, 2024 | 5.197 |
| December 31, 2023 | 2.055 |
| September 30, 2023 | 0.3158 |
| June 30, 2023 |
| Date | Value |
|---|---|
| April 30, 2023 | 0.4333 |
| March 31, 2023 | |
| January 31, 2023 | -0.9954 |
| October 31, 2022 | -0.7444 |
| July 31, 2022 | -0.9926 |
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
-0.9954
Minimum
Jan 2023
5.197
Maximum
Mar 2024
0.9908
Average
0.4333
Median
Apr 2023
Debt to Equity Ratio Benchmarks
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 0.7675M |
| Total Liabilities (Quarterly) | 0.6862M |
| Shareholders Equity (Quarterly) | 0.0813M |
| Current Ratio | 1.968 |
| Net Debt Paydown Yield | -0.00% |