NewLake Capital Partners Inc (NLCP)
19.90
-0.05
(-0.25%)
USD |
OTCM |
May 03, 16:00
NewLake Capital Partners Debt to Equity Ratio: 0.0049 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.0049 |
| September 30, 2023 | 0.0049 |
| June 30, 2023 | 0.0048 |
| March 31, 2023 | 0.0047 |
| December 31, 2022 | 0.007 |
| September 30, 2022 | 0.007 |
| June 30, 2022 | 0.007 |
| Date | Value |
|---|---|
| March 31, 2022 | 0.0046 |
| December 31, 2021 | 0.0088 |
| September 30, 2021 | 0.00 |
| June 30, 2021 | 0.00 |
| March 31, 2021 | |
| December 31, 2020 | 0.00 |
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
--
Minimum
Dec 2020
0.0088
Maximum
Dec 2021
0.0045
Average
0.0049
Median
Debt to Equity Ratio Benchmarks
| Gladstone Land Corp | 0.7978 |
| Seven Hills Realty Trust | 1.551 |
| Chicago Atlantic Real Estate Finance Inc | 0.2428 |
| Strawberry Fields REIT Inc | 71.46 |
| Bluerock Homes Trust Inc | 1.131 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 433.29M |
| Total Liabilities (Quarterly) | 21.34M |
| Shareholders Equity (Quarterly) | 404.58M |
| Current Ratio | 1.526 |
| Net Debt Paydown Yield | 0.06% |