Novus Holdings Ltd (NVSHF)
0.13
0.00 (0.00%)
USD |
OTCM |
May 16, 16:00
Novus Holdings Debt to Equity Ratio: 0.2076 for Sept. 30, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2023 | 0.2076 |
| March 31, 2023 | 0.2217 |
| September 30, 2022 | 0.0141 |
| March 31, 2022 | 0.00 |
| September 30, 2021 | 0.0309 |
| March 31, 2021 | 0.006 |
| September 30, 2020 | 0.00 |
| March 31, 2020 | 0.0136 |
| September 30, 2019 | 0.1757 |
| Date | Value |
|---|---|
| March 31, 2019 | 0.0807 |
| September 30, 2018 | 0.1121 |
| March 31, 2018 | 0.0326 |
| September 30, 2017 | 0.1406 |
| March 31, 2017 | 0.0069 |
| September 30, 2016 | 0.1077 |
| March 31, 2016 | 0.031 |
| September 30, 2015 | 0.0777 |
| March 31, 2015 | 0.0989 |
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 2020
0.2217
Maximum
Mar 2023
0.0744
Average
0.0141
Median
Sep 2022
Debt to Equity Ratio Benchmarks
| Barloworld Ltd | 0.6691 |
| Bidvest Group Ltd | 0.971 |
| Bell Equipment Ltd | 0.343 |
| Murray And Roberts Holdings Ltd | 0.8419 |
| Reunert Ltd | 0.1707 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 194.24M |
| Total Liabilities (Quarterly) | 72.67M |
| Shareholders Equity (Quarterly) | 119.59M |
| Current Ratio | 2.719 |
| Net Debt Paydown Yield | -19.85% |