NEXE Innovations Inc (NEXE.V)
0.275
+0.02
(+5.77%)
CAD |
TSXV |
May 03, 16:00
NEXE Innovations Debt to Equity Ratio: 0.023 for Nov. 30, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| November 30, 2023 | 0.023 |
| August 31, 2023 | 0.0242 |
| May 31, 2023 | 0.025 |
| February 28, 2023 | 0.0252 |
| Date | Value |
|---|---|
| November 30, 2022 | 0.0261 |
| August 31, 2022 | 0.0275 |
| May 31, 2022 | 0.0278 |
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
0.023
Minimum
Nov 2023
0.0278
Maximum
May 2022
0.0255
Average
0.0252
Median
Feb 2023
Debt to Equity Ratio Benchmarks
| Winpak Ltd | 0.00 |
| Transat AT Inc | -0.7916 |
| Green River Gold Corp | 0.1014 |
| Peekaboo Beans Inc | -- |
| Aether Catalyst Solutions Inc | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 39.49M |
| Total Liabilities (Quarterly) | 3.246M |
| Shareholders Equity (Quarterly) | 36.24M |
| Current Ratio | 6.575 |
| Net Debt Paydown Yield | 0.29% |