Paranovus Entertainment Technology Ltd (PAVS)
1.06
+0.06
(+6.00%)
USD |
NASDAQ |
Apr 29, 16:00
1.38
+0.32
(+30.19%)
After-Hours: 20:00
Paranovus Entertainment Technology Debt to Equity Ratio: 0.00 for Sept. 30, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2023 | 0.00 |
| March 31, 2023 | 0.1518 |
| September 30, 2022 | 0.0397 |
| March 31, 2022 | 0.029 |
| September 30, 2021 | 0.0219 |
| March 31, 2021 | 0.0236 |
| Date | Value |
|---|---|
| September 30, 2020 | 0.0269 |
| March 31, 2020 | 0.0255 |
| September 30, 2019 | 0.0307 |
| March 31, 2019 | 0.0171 |
| September 30, 2018 | 0.0274 |
| March 31, 2018 | 0.0336 |
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 2023
0.1518
Maximum
Mar 2023
0.0388
Average
0.0269
Median
Sep 2020
Debt to Equity Ratio Benchmarks
| Bright Scholar Education Holdings Ltd | 0.00 |
| Gaotu Techedu Inc | 0.00 |
| BTC Digital Ltd | 0.0064 |
| 51 Talk Online Education Group | 0.00 |
| Shineco Inc | 0.7943 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 11.17M |
| Total Liabilities (Quarterly) | 0.4931M |
| Shareholders Equity (Quarterly) | 10.68M |
| Current Ratio | 4.000 |
| Net Debt Paydown Yield | 3.21% |