NovelStem International Corp (NSTM)
0.0601
0.00 (0.00%)
USD |
OTCM |
Jun 03, 16:00
NovelStem International Debt to Equity Ratio: -1.745 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | -1.745 |
| December 31, 2023 | -1.832 |
| September 30, 2023 | -1.620 |
| Date | Value |
|---|---|
| June 30, 2023 | -2.912 |
| March 31, 2023 | 0.2129 |
| December 31, 2022 | 0.1492 |
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
-2.912
Minimum
Jun 2023
0.2129
Maximum
Mar 2023
-1.291
Average
-1.682
Median
Debt to Equity Ratio Benchmarks
| Delcath Systems Inc | 0.5032 |
| Star Equity Holdings Inc | 0.0307 |
| Exact Sciences Corp | 0.7552 |
| CytoSorbents Corp | 0.234 |
| Progyny Inc | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 2.401M |
| Total Liabilities (Quarterly) | 4.642M |
| Shareholders Equity (Quarterly) | -2.241M |
| Current Ratio | 0.0109 |
| Net Debt Paydown Yield | -22.08% |