Smart for Life Inc (SMFL)
3.36
+0.15
(+4.67%)
USD |
NASDAQ |
May 02, 15:33
Smart for Life Debt to Equity Ratio: 13.56 for Sept. 30, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2023 | 13.56 |
| June 30, 2023 | 2.759 |
| March 31, 2023 | -3.286 |
| December 31, 2022 | -8.704 |
| September 30, 2022 | 10.65 |
| June 30, 2022 | 3.159 |
| Date | Value |
|---|---|
| March 31, 2022 | 1.344 |
| December 31, 2021 | -3.440 |
| September 30, 2021 | -5.452 |
| June 30, 2021 | |
| March 31, 2021 | |
| December 31, 2020 | -0.8252 |
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
-8.704
Minimum
Dec 2022
13.56
Maximum
Sep 2023
0.9771
Average
0.2594
Median
Debt to Equity Ratio Benchmarks
| Acme United Corp | 0.3421 |
| Bridgford Foods Corp | 0.028 |
| The Hain Celestial Group Inc | 0.8126 |
| Better Choice Co Inc | 1.552 |
| Laird Superfood Inc | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 25.54M |
| Total Liabilities (Quarterly) | 24.59M |
| Shareholders Equity (Quarterly) | 0.9518M |
| Current Ratio | 0.1831 |
| Net Debt Paydown Yield | -3.56% |