Nano Magic Inc (NMGX)
0.855
0.00 (0.00%)
USD |
OTCM |
Jun 25, 16:00
Nano Magic Debt to Equity Ratio: 0.8333 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 0.8333 |
| December 31, 2023 | 0.3983 |
| September 30, 2023 | 0.5004 |
| June 30, 2023 | 0.3746 |
| March 31, 2023 | 0.3245 |
| December 31, 2022 | 0.2329 |
| September 30, 2022 | 0.1869 |
| June 30, 2022 | 0.1276 |
| March 31, 2022 | 0.2401 |
| December 31, 2021 | 0.00 |
| September 30, 2021 | 0.1446 |
| June 30, 2021 | 0.1498 |
| March 31, 2021 | 0.1444 |
| December 31, 2020 | 0.3048 |
| September 30, 2020 | 0.2151 |
| June 30, 2020 | 2.648 |
| March 31, 2020 | 3.116 |
| December 31, 2019 | -0.3912 |
| September 30, 2019 | -0.3338 |
| June 30, 2019 | -0.4386 |
| March 31, 2019 | -0.3324 |
| December 31, 2018 | -0.6378 |
| September 30, 2018 | -0.5521 |
| June 30, 2018 | -1.077 |
| March 31, 2018 | -1.251 |
| Date | Value |
|---|---|
| December 31, 2017 | -0.7669 |
| September 30, 2017 | -1.294 |
| June 30, 2017 | -1.831 |
| March 31, 2017 | -3.146 |
| December 31, 2016 | -2.312 |
| September 30, 2016 | -2.526 |
| June 30, 2016 | -3.890 |
| March 31, 2016 | -4.691 |
| December 31, 2015 | -6.152 |
| September 30, 2015 | -48.36 |
| June 30, 2015 | 2.296 |
| March 31, 2015 | 0.6541 |
| December 31, 2014 | 0.6455 |
| September 30, 2014 | 0.0426 |
| June 30, 2014 | -0.5144 |
| March 31, 2014 | -0.5419 |
| December 31, 2013 | 0.3853 |
| September 30, 2013 | -0.6486 |
| June 30, 2013 | -0.6829 |
| March 31, 2013 | -0.8012 |
| December 31, 2012 | -0.9422 |
| September 30, 2012 | -1.178 |
| June 30, 2012 | -2.372 |
| March 31, 2012 | 3.308 |
| December 31, 2011 | 0.7756 |
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
-0.4386
Minimum
Jun 2019
3.116
Maximum
Mar 2020
0.4389
Average
0.224
Median
Debt to Equity Ratio Benchmarks
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 2.858M |
| Total Liabilities (Quarterly) | 2.231M |
| Shareholders Equity (Quarterly) | 0.627M |
| Current Ratio | 0.7638 |
| Net Debt Paydown Yield | -0.54% |