SMG Industries Inc (SMGI)
0.055
+0.01
(+15.79%)
USD |
OTCM |
Apr 30, 16:00
SMG Industries Debt to Equity Ratio: 3.098 for Sept. 30, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2023 | 3.098 |
| June 30, 2023 | -1.361 |
| March 31, 2023 | -1.432 |
| December 31, 2022 | -1.535 |
| September 30, 2022 | -1.632 |
| June 30, 2022 | -1.794 |
| March 31, 2022 | -2.096 |
| December 31, 2021 | -2.039 |
| September 30, 2021 | -2.166 |
| June 30, 2021 | -2.188 |
| March 31, 2021 | -2.100 |
| December 31, 2020 | -2.572 |
| September 30, 2020 | -5.029 |
| June 30, 2020 | -11.40 |
| March 31, 2020 | 29.93 |
| December 31, 2019 | -1.946 |
| September 30, 2019 | 8.571 |
| June 30, 2019 | 4.731 |
| March 31, 2019 | -4.517 |
| December 31, 2018 | -23.41 |
| September 30, 2018 | 8.842 |
| Date | Value |
|---|---|
| June 30, 2018 | -3.370 |
| March 31, 2018 | -3.286 |
| December 31, 2017 | -1.506 |
| September 30, 2017 | -1.594 |
| June 30, 2017 | 0.00 |
| March 31, 2017 | 0.00 |
| December 31, 2016 | -1.454 |
| September 30, 2016 | 0.00 |
| June 30, 2016 | 0.00 |
| March 31, 2016 | 0.00 |
| December 31, 2015 | 0.00 |
| September 30, 2015 | 0.00 |
| June 30, 2015 | 0.00 |
| March 31, 2015 | 0.00 |
| December 31, 2014 | 0.00 |
| September 30, 2014 | 0.00 |
| June 30, 2014 | 0.00 |
| March 31, 2014 | 0.00 |
| December 31, 2013 | 0.00 |
| September 30, 2013 | 0.00 |
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
-11.40
Minimum
Jun 2020
29.93
Maximum
Mar 2020
0.391
Average
-1.870
Median
Debt to Equity Ratio Benchmarks
| Adams Resources & Energy Inc | 0.2359 |
| Barnwell Industries Inc | 0.00 |
| CKX Lands Inc | 0.00 |
| Enservco Corp | -14.76 |
| Empire Petroleum Corp | 0.1631 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 76.13M |
| Total Liabilities (Quarterly) | 61.12M |
| Shareholders Equity (Quarterly) | 15.01M |
| Current Ratio | 0.5023 |
| Net Debt Paydown Yield | -1.36% |