Shengfeng Development Ltd (SFWL)
1.85
+0.07
(+3.93%)
USD |
NASDAQ |
May 03, 16:00
1.86
+0.01
(+0.54%)
After-Hours: 20:00
Shengfeng Development Debt to Equity Ratio: 0.4132 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.4132 |
| June 30, 2023 | 0.4481 |
| December 31, 2022 | 0.5448 |
| Date | Value |
|---|---|
| June 30, 2022 | 0.5761 |
| December 31, 2021 | 0.5017 |
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
0.4132
Minimum
Dec 2023
0.5761
Maximum
Jun 2022
0.4968
Average
0.5017
Median
Dec 2021
Debt to Equity Ratio Benchmarks
| Antelope Enterprise Holdings Ltd | -- |
| Lichen China Ltd | 0.00 |
| CBAK Energy Technology Inc | 0.2918 |
| Hollysys Automation Technologies Ltd | 0.0515 |
| Addentax Group Corp | 0.1108 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 265.84M |
| Total Liabilities (Quarterly) | 153.52M |
| Shareholders Equity (Quarterly) | 107.95M |
| Current Ratio | 1.093 |
| Net Debt Paydown Yield | 0.93% |