Eightco Holdings Inc (OCTO)
0.5644
-0.01
(-1.02%)
USD |
NASDAQ |
May 03, 16:00
0.578
+0.01
(+2.41%)
After-Hours: 20:00
Eightco Holdings Debt to Equity Ratio: -9.380 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | -9.380 |
| September 30, 2023 | 11.55 |
| June 30, 2023 | 4.846 |
| March 31, 2023 | 2.399 |
| December 31, 2022 | 5.632 |
| September 30, 2022 | 1.224 |
| Date | Value |
|---|---|
| June 30, 2022 | 1.894 |
| March 31, 2022 | 4.564 |
| December 31, 2021 | 1.837 |
| September 30, 2021 | 0.0101 |
| June 30, 2021 | 0.0028 |
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
-9.380
Minimum
Dec 2023
11.55
Maximum
Sep 2023
2.235
Average
1.894
Median
Jun 2022
Debt to Equity Ratio Benchmarks
| Ranpak Holdings Corp | 0.6983 |
| Alliance Creative Group Inc | -- |
| Carnival Corp | 4.600 |
| Royal Caribbean Group | 3.984 |
| Travel+Leisure Co | -6.375 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 55.41M |
| Total Liabilities (Quarterly) | 59.76M |
| Shareholders Equity (Quarterly) | -3.933M |
| Current Ratio | 0.3552 |
| Net Debt Paydown Yield | -241.0% |