Telesis Bio Inc (TBIO)
0.91
+0.01
(+1.11%)
USD |
OTCM |
Nov 22, 11:41
Telesis Bio Debt to Equity Ratio: 0.5307 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.5307 |
| March 31, 2024 | 0.2413 |
| December 31, 2023 | 0.1784 |
| September 30, 2023 | 0.4383 |
| June 30, 2023 | 0.3544 |
| March 31, 2023 | 0.5395 |
| December 31, 2022 | 0.422 |
| September 30, 2022 | 0.3652 |
| Date | Value |
|---|---|
| June 30, 2022 | 0.2305 |
| March 31, 2022 | 0.1893 |
| December 31, 2021 | 0.1618 |
| September 30, 2021 | 0.142 |
| June 30, 2021 | 0.1288 |
| March 31, 2021 | -0.4395 |
| December 31, 2020 | -0.1841 |
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
-0.4395
Minimum
Mar 2021
0.5395
Maximum
Mar 2023
0.2199
Average
0.2305
Median
Jun 2022
Debt to Equity Ratio Benchmarks
| Standard BioTools Inc | 0.1128 |
| Ainos Inc | -- |
| Zomedica Corp | 0.00 |
| LENSAR Inc | 0.00 |
| Intelligent Bio Solutions Inc | 0.0818 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 52.73M |
| Total Liabilities (Quarterly) | 42.78M |
| Shareholders Equity (Quarterly) | 9.946M |
| Current Ratio | 1.891 |
| Net Debt Paydown Yield | 44.78% |