Debt to Equity Ratio Chart

Historical Debt to Equity Ratio Data

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Date Value
September 30, 2024 0.084
June 30, 2024 0.009
March 31, 2024 0.0012
Date Value
December 31, 2023 0.0005
September 30, 2023 0.0007

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.

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Debt to Equity Ratio Range, Past 5 Years

0.0005
Minimum
Dec 2023
0.084
Maximum
Sep 2024
0.0191
Average
0.0012
Median
Mar 2024