Eightco Holdings Inc (OCTO)
1.62
-0.13
(-7.43%)
USD |
NASDAQ |
Nov 21, 16:00
1.68
+0.06
(+3.70%)
Pre-Market: 09:11
Eightco Holdings Debt to Equity Ratio: 2.130 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 2.130 |
| June 30, 2024 | 2.004 |
| March 31, 2024 | 8.544 |
| December 31, 2023 | -9.380 |
| September 30, 2023 | 11.55 |
| June 30, 2023 | 4.846 |
| March 31, 2023 | 2.399 |
| Date | Value |
|---|---|
| December 31, 2022 | 5.632 |
| September 30, 2022 | 1.224 |
| 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
2.661
Average
2.067
Median
Debt to Equity Ratio Benchmarks
| Ranpak Holdings Corp | 0.7117 |
| Alliance Creative Group Inc | -- |
| Carnival Corp | 3.356 |
| Royal Caribbean Group | 2.958 |
| Travel+Leisure Co | -6.446 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 49.24M |
| Total Liabilities (Quarterly) | 36.60M |
| Shareholders Equity (Quarterly) | 13.05M |
| Current Ratio | 0.3534 |
| Net Debt Paydown Yield | 17.68% |