Softchoice Corp (SFTC.TO)
17.05
-0.01
(-0.06%)
CAD |
TSX |
May 21, 15:59
Softchoice Debt to Equity Ratio: -0.4953 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | -0.4953 |
| December 31, 2023 | 0.6753 |
| September 30, 2023 | 1.938 |
| June 30, 2023 | 2.261 |
| March 31, 2023 | 3.734 |
| December 31, 2022 | 2.238 |
| September 30, 2022 | 3.804 |
| Date | Value |
|---|---|
| June 30, 2022 | 1.660 |
| March 31, 2022 | 1.827 |
| December 31, 2021 | 1.148 |
| September 30, 2021 | 2.316 |
| June 30, 2021 | 1.618 |
| March 31, 2021 | |
| December 31, 2020 | -7.927 |
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
-7.927
Minimum
Dec 2020
3.804
Maximum
Sep 2022
1.138
Average
1.827
Median
Mar 2022
Debt to Equity Ratio Benchmarks
| New World Solutions Inc | 0.00 |
| NameSilo Technologies Corp | 1.320 |
| Nerds On Site Inc | -0.1205 |
| XTM Inc | -1.791 |
| Ciscom Corp | 1.019 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 680.81M |
| Total Liabilities (Quarterly) | 851.65M |
| Shareholders Equity (Quarterly) | -170.84M |
| Current Ratio | 0.5729 |
| Net Debt Paydown Yield | 0.69% |