Renewable Innovations Inc (REII)
0.005
0.00 (0.00%)
USD |
OTCM |
May 17, 09:32
Renewable Innovations Debt to Equity Ratio: 0.3391 for Feb. 28, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| February 28, 2023 | 0.3391 |
| November 30, 2022 | 0.00 |
| August 31, 2022 | 0.00 |
| May 31, 2022 | 0.00 |
| February 28, 2022 | -0.0752 |
| Date | Value |
|---|---|
| November 30, 2021 | 0.00 |
| August 31, 2021 | -0.4569 |
| May 31, 2021 | -0.3689 |
| February 28, 2021 | -0.331 |
| November 30, 2020 | -0.1247 |
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
-0.4569
Minimum
Aug 2021
0.3391
Maximum
Feb 2023
-0.1018
Average
-0.0376
Median
Debt to Equity Ratio Benchmarks
| ATC Venture Group Inc | -- |
| Commercial Vehicle Group Inc | 0.8872 |
| Dorman Products Inc | 0.4777 |
| Monro Inc | 0.1425 |
| Motorcar Parts of America Inc | 0.5261 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 8.851M |
| Total Liabilities (Quarterly) | 7.967M |
| Shareholders Equity (Quarterly) | 0.8846M |
| Current Ratio | 0.5207 |
| Net Debt Paydown Yield | -1.37% |