ReTo Eco-Solutions Inc (RETO)
0.95
-0.06
(-5.94%)
USD |
NASDAQ |
Nov 14, 16:00
0.95
0.00 (0.00%)
After-Hours: 20:00
ReTo Eco-Solutions Debt to Equity Ratio: 0.6644 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.6644 |
| December 31, 2023 | 2.214 |
| June 30, 2023 | -8.048 |
| December 31, 2022 | 1.771 |
| June 30, 2022 | 0.4463 |
| December 31, 2021 | 0.4127 |
| June 30, 2021 | 0.7973 |
| December 31, 2020 | 0.2881 |
| Date | Value |
|---|---|
| June 30, 2020 | 0.444 |
| December 31, 2019 | 0.4723 |
| June 30, 2019 | 0.3748 |
| December 31, 2018 | 0.3425 |
| June 30, 2018 | 0.3404 |
| December 31, 2017 | 0.3032 |
| June 30, 2017 | 0.5853 |
| December 31, 2016 | 0.734 |
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
-8.048
Minimum
Jun 2023
2.214
Maximum
Dec 2023
-0.0538
Average
0.4593
Median
Debt to Equity Ratio Benchmarks
| Origin Agritech Ltd | 0.00 |
| IT Tech Packaging Inc | 0.077 |
| Gulf Resources Inc | 0.00 |
| Bon Natural Life Ltd | 0.1708 |
| CN Energy Group Inc | 0.0628 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 33.67M |
| Total Liabilities (Quarterly) | 19.89M |
| Shareholders Equity (Quarterly) | 13.33M |
| Current Ratio | 1.016 |
| Net Debt Paydown Yield | -4.02% |