Rainmaker Worldwide Inc (RAKR)
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0.00 (0.00%)
USD |
OTCM |
Nov 22, 16:00
Rainmaker Worldwide Debt to Equity Ratio: -0.4638 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | -0.4638 |
| June 30, 2024 | -0.4465 |
| March 31, 2024 | -0.4465 |
| Date | Value |
|---|---|
| December 31, 2023 | -0.3752 |
| September 30, 2023 | -0.3771 |
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
-0.4638
Minimum
Sep 2024
-0.3752
Maximum
Dec 2023
-0.4218
Average
-0.4465
Median
Mar 2024
Debt to Equity Ratio Benchmarks
| Quest Water Global Inc | -- |
| Clean Harbors Inc | 1.103 |
| Waste Management Inc | 2.087 |
| GFL Environmental Inc | 1.405 |
| DevvStream Corp | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 0.2803M |
| Total Liabilities (Quarterly) | 11.76M |
| Shareholders Equity (Quarterly) | -11.48M |
| Current Ratio | 0.003 |
| Net Debt Paydown Yield | -25.80% |