Quality Industrial Corp (QIND)
0.071
0.00 (0.00%)
USD |
OTCM |
Nov 22, 11:08
Quality Industrial Debt to Equity Ratio: 5.065 for June 30, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2023 | 5.065 |
| March 31, 2023 | 7.856 |
| December 31, 2022 | 10.17 |
| Date | Value |
|---|---|
| September 30, 2022 | 0.2672 |
| June 30, 2022 | -0.4651 |
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
-0.4651
Minimum
Jun 2022
10.17
Maximum
Dec 2022
4.579
Average
5.065
Median
Jun 2023
Debt to Equity Ratio Benchmarks
| Park-Ohio Holdings Corp | 1.969 |
| Next-ChemX Corp | -- |
| Luxfer Holdings PLC | 0.3088 |
| Symbotic Inc | 0.00 |
| Chicago Rivet & Machine Co | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 205.20M |
| Total Liabilities (Quarterly) | 172.00M |
| Shareholders Equity (Quarterly) | 6.267M |
| Current Ratio | 0.8123 |
| Net Debt Paydown Yield | -11.54% |