NETSOL Technologies Inc (NTWK)
2.70
-0.08
(-2.88%)
USD |
NASDAQ |
Apr 26, 14:54
NETSOL Technologies Debt to Equity Ratio: 0.1687 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.1687 |
| September 30, 2023 | 0.167 |
| June 30, 2023 | 0.1658 |
| March 31, 2023 | 0.1535 |
| December 31, 2022 | 0.1782 |
| September 30, 2022 | 0.1725 |
| June 30, 2022 | 0.184 |
| March 31, 2022 | 0.1873 |
| December 31, 2021 | 0.1901 |
| September 30, 2021 | 0.2021 |
| June 30, 2021 | 0.2161 |
| March 31, 2021 | 0.2445 |
| December 31, 2020 | 0.2124 |
| September 30, 2020 | 0.2038 |
| June 30, 2020 | 0.1731 |
| March 31, 2020 | 0.1483 |
| December 31, 2019 | 0.1722 |
| September 30, 2019 | 0.1344 |
| June 30, 2019 | 0.1138 |
| March 31, 2019 | 0.1306 |
| December 31, 2018 | 0.1263 |
| September 30, 2018 | 0.1395 |
| June 30, 2018 | 0.1319 |
| March 31, 2018 | 0.1388 |
| December 31, 2017 | 0.1588 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.1548 |
| June 30, 2017 | 0.1556 |
| March 31, 2017 | 0.0799 |
| December 31, 2016 | 0.0615 |
| September 30, 2016 | 0.0606 |
| June 30, 2016 | 0.0615 |
| March 31, 2016 | 0.0669 |
| December 31, 2015 | 0.0555 |
| September 30, 2015 | 0.0647 |
| June 30, 2015 | 0.0594 |
| March 31, 2015 | 0.0444 |
| December 31, 2014 | 0.0563 |
| September 30, 2014 | 0.0602 |
| June 30, 2014 | 0.1007 |
| March 31, 2014 | 0.0931 |
| December 31, 2013 | 0.0919 |
| September 30, 2013 | 0.0903 |
| June 30, 2013 | 0.0843 |
| March 31, 2013 | 0.0962 |
| December 31, 2012 | 0.1432 |
| September 30, 2012 | 0.1008 |
| June 30, 2012 | 0.1466 |
| March 31, 2012 | 0.1315 |
| December 31, 2011 | 0.1478 |
| September 30, 2011 | 0.1219 |
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
0.1138
Minimum
Jun 2019
0.2445
Maximum
Mar 2021
0.1783
Average
0.1731
Median
Jun 2020
Debt to Equity Ratio Benchmarks
| Autodesk Inc | 1.231 |
| Agilysys Inc | 0.00 |
| American Software Inc | 0.00 |
| Issuer Direct Corp | 0.5622 |
| WaveDancer Inc | 0.2204 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 57.47M |
| Total Liabilities (Quarterly) | 18.93M |
| Shareholders Equity (Quarterly) | 34.46M |
| Current Ratio | 2.25 |
| Net Debt Paydown Yield | 1.15% |