Solventum Corp (SOLV)
67.57
-0.53
(-0.78%)
USD |
NYSE |
Sep 27, 16:00
67.56
-0.01
(-0.01%)
After-Hours: 20:00
Solventum Debt to Equity Ratio: 2.897 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 2.897 |
| March 31, 2024 | 2.156 |
| December 31, 2023 | 2.436 |
| September 30, 2023 | 2.562 |
| Date | Value |
|---|---|
| June 30, 2023 | 2.098 |
| March 31, 2023 | |
| December 31, 2022 | 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
--
Minimum
Dec 2022
2.897
Maximum
Jun 2024
2.025
Average
2.296
Median
Debt to Equity Ratio Benchmarks
| Spok Holdings Inc | 0.00 |
| Ontrak Inc | 0.4329 |
| DarioHealth Corp | 0.4207 |
| National Research Corp | 1.050 |
| FOXO Technologies Inc | -0.4949 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 14.58B |
| Total Liabilities (Quarterly) | 11.71B |
| Shareholders Equity (Quarterly) | 2.867B |
| Current Ratio | 1.308 |
| Net Debt Paydown Yield | -18.19% |