Tingyi (Cayman Islands) Holding Corp (TCYMF)
1.176
0.00 (0.00%)
USD |
OTCM |
Apr 29, 16:00
Tingyi Debt to Equity Ratio: 0.9881 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.9881 |
| June 30, 2023 | 1.427 |
| December 31, 2022 | 1.318 |
| June 30, 2022 | 1.138 |
| December 31, 2021 | 0.7321 |
| Date | Value |
|---|---|
| June 30, 2021 | 0.7959 |
| December 31, 2020 | 0.6487 |
| June 30, 2020 | 0.8054 |
| December 31, 2019 | 0.632 |
| June 30, 2019 | 0.5284 |
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
0.5284
Minimum
Jun 2019
1.427
Maximum
Jun 2023
0.9013
Average
0.8007
Median
Debt to Equity Ratio Benchmarks
| Tantech Holdings Ltd | -- |
| 51 Talk Online Education Group | 0.00 |
| Shineco Inc | 0.7943 |
| TDH Holdings Inc | -- |
| Farmmi Inc | 0.065 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 7.498B |
| Total Liabilities (Quarterly) | 5.068B |
| Shareholders Equity (Quarterly) | 1.960B |
| Current Ratio | 0.7013 |
| Net Debt Paydown Yield | 3.43% |