Novo Resources Corp (NVO.TO)
0.145
0.00 (0.00%)
CAD |
TSX |
May 22, 15:59
Novo Resources Debt to Equity Ratio
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2022 | 0.00 |
| September 30, 2022 | 0.00 |
| June 30, 2022 | 0.2041 |
| March 31, 2022 | 0.1652 |
| Date | Value |
|---|---|
| December 31, 2021 | 0.1575 |
| September 30, 2021 | |
| June 30, 2021 | 0.1387 |
| March 31, 2021 | 0.126 |
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
Sep 2022
0.2041
Maximum
Jun 2022
0.1131
Average
0.1387
Median
Jun 2021
Debt to Equity Ratio Benchmarks
| Wallbridge Mining Co Ltd | -- |
| Minera Alamos Inc | 0.1587 |
| White Gold Corp | -- |
| Global Atomic Corp | 0.0262 |
| Newcore Gold Ltd | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 105.28M |
| Total Liabilities (Quarterly) | 19.68M |
| Shareholders Equity (Quarterly) | 85.60M |