Phoenix Motor Inc (PEV)
0.3375
+0.02
(+5.17%)
USD |
NASDAQ |
Nov 25, 15:04
Phoenix Motor Debt to Equity Ratio: 0.1837 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.1837 |
| March 31, 2024 | 0.3093 |
| December 31, 2023 | -0.6138 |
| September 30, 2023 | 0.2775 |
| June 30, 2023 | 0.1709 |
| March 31, 2023 | 0.0137 |
| Date | Value |
|---|---|
| December 31, 2022 | 0.0122 |
| September 30, 2022 | 0.0104 |
| June 30, 2022 | 0.009 |
| March 31, 2022 | 0.0223 |
| December 31, 2021 | 0.0749 |
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
-0.6138
Minimum
Dec 2023
0.3093
Maximum
Mar 2024
0.0427
Average
0.0223
Median
Mar 2022
Debt to Equity Ratio Benchmarks
| Nu Ride Inc | -- |
| Workhorse Group Inc | 0.2789 |
| AYRO Inc | 0.00 |
| Canoo Inc | 0.1921 |
| Faraday Future Intelligent Electric Inc | 0.4759 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 67.47M |
| Total Liabilities (Quarterly) | 45.61M |
| Shareholders Equity (Quarterly) | 21.86M |
| Current Ratio | 3.065 |
| Net Debt Paydown Yield | -6.50% |