Syntec Optics Holdings Inc (OPTX)
1.39
+0.03
(+2.21%)
USD |
NASDAQ |
Nov 05, 16:00
1.39
0.00 (0.00%)
After-Hours: 19:08
Syntec Optics Holdings Debt to Equity Ratio: 0.7854 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.7854 |
| March 31, 2024 | 0.7456 |
| Date | Value |
|---|---|
| June 30, 2023 | 0.9763 |
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
0.7456
Minimum
Mar 2024
0.9763
Maximum
Jun 2023
0.8358
Average
0.7854
Median
Jun 2024
Debt to Equity Ratio Benchmarks
| VOXX International Corp | 0.1875 |
| Meta Materials Inc | 0.1911 |
| International Digital Holding Inc | -- |
| Mobile Lads Corp | -- |
| WidePoint Corp | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 25.77M |
| Total Liabilities (Quarterly) | 13.64M |
| Shareholders Equity (Quarterly) | 12.14M |
| Current Ratio | 1.346 |
| Net Debt Paydown Yield | -0.74% |