NZME Ltd (NZMEF)
0.482
0.00 (0.00%)
USD |
OTCM |
Nov 13, 16:00
NZME Debt to Equity Ratio: 0.929 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.929 |
| December 31, 2023 | 0.1774 |
| June 30, 2023 | 0.6682 |
| December 31, 2022 | 0.167 |
| June 30, 2022 | 0.7153 |
| December 31, 2021 | 0.00 |
| June 30, 2021 | 0.9459 |
| December 31, 2020 | 0.3439 |
| June 30, 2020 | 1.430 |
| Date | Value |
|---|---|
| December 31, 2019 | 0.7683 |
| June 30, 2019 | 0.6967 |
| December 31, 2018 | 0.385 |
| June 30, 2018 | 0.422 |
| December 31, 2017 | 0.3452 |
| June 30, 2017 | 0.409 |
| December 31, 2016 | 0.3928 |
| June 30, 2016 | 0.4013 |
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
Dec 2021
1.430
Maximum
Jun 2020
0.6145
Average
0.6918
Median
Debt to Equity Ratio Benchmarks
| Chorus Ltd | 3.122 |
| Spark New Zealand Ltd | 1.018 |
| Sky Network Television Ltd | 0.00 |
| Mega Matrix Inc | 0.00 |
| Globalstar Inc | 1.001 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 177.87M |
| Total Liabilities (Quarterly) | 101.63M |
| Shareholders Equity (Quarterly) | 76.24M |
| Current Ratio | 0.9996 |
| Net Debt Paydown Yield | -20.80% |