POSaBIT Systems Corp (PBIT.CX)
0.115
0.00 (0.00%)
CAD |
CNSX |
Nov 14, 16:00
POSaBIT Systems Debt to Equity Ratio: 1.358 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 1.358 |
| March 31, 2024 | 1.164 |
| December 31, 2023 | 0.8378 |
| September 30, 2023 | 0.4678 |
| June 30, 2023 | 0.2158 |
| March 31, 2023 | 0.3178 |
| December 31, 2022 | 0.056 |
| September 30, 2022 | -0.105 |
| June 30, 2022 | -0.2623 |
| March 31, 2022 | -0.0198 |
| December 31, 2021 | -0.0154 |
| Date | Value |
|---|---|
| September 30, 2021 | |
| June 30, 2021 | -0.0975 |
| March 31, 2021 | -0.1079 |
| December 31, 2020 | -0.1105 |
| September 30, 2020 | -0.1396 |
| June 30, 2020 | -0.146 |
| March 31, 2020 | -0.1589 |
| December 31, 2019 | -0.2285 |
| September 30, 2019 | -0.3429 |
| June 30, 2019 | -0.4018 |
| March 31, 2019 | -1.245 |
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
-0.2623
Minimum
Jun 2022
1.358
Maximum
Jun 2024
0.1681
Average
-0.0587
Median
Debt to Equity Ratio Benchmarks
| MCX Technologies Corp | -- |
| Intellabridge Technology Corp | 0.00 |
| Boardwalktech Software Corp | -1.057 |
| Intermap Technologies Corp | -0.1707 |
| Integrated Cyber Solutions Inc | -0.2661 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 16.16M |
| Total Liabilities (Quarterly) | 11.64M |
| Shareholders Equity (Quarterly) | 4.518M |
| Current Ratio | 1.553 |
| Net Debt Paydown Yield | -1.95% |