Newegg Commerce Inc (NEGG)
0.7981
0.00 (0.00%)
USD |
NASDAQ |
May 01, 16:00
0.7981
0.00 (0.00%)
After-Hours: 20:00
Newegg Commerce Debt to Equity Ratio: 0.0673 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.0673 |
| September 30, 2023 | 0.0631 |
| December 31, 2022 | 0.0498 |
| September 30, 2022 | 0.0438 |
| Date | Value |
|---|---|
| December 31, 2021 | 0.0456 |
| September 30, 2021 | 0.0489 |
| December 31, 2020 | 0.06 |
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
0.0438
Minimum
Sep 2022
0.0673
Maximum
Dec 2023
0.0541
Average
0.0498
Median
Dec 2022
Debt to Equity Ratio Benchmarks
| Flanigan'S Enterprises Inc | 0.3867 |
| FG Group Holdings Inc (DELISTED) | 0.286 |
| Delta Apparel Inc | 0.8728 |
| DSS Inc | 0.8639 |
| Envela Corp | 0.3091 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 499.05M |
| Total Liabilities (Quarterly) | 369.66M |
| Shareholders Equity (Quarterly) | 129.39M |
| Current Ratio | 1.162 |
| Net Debt Paydown Yield | -0.01% |