TPT Global Tech Inc (TPTW)
0.0007
0.00 (0.00%)
USD |
OTCM |
May 02, 10:50
TPT Global Tech Debt to Equity Ratio: -0.1066 for Sept. 30, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2023 | -0.1066 |
| June 30, 2023 | -0.11 |
| March 31, 2023 | -0.1073 |
| December 31, 2022 | -0.1074 |
| September 30, 2022 | -0.2493 |
| June 30, 2022 | -0.2547 |
| March 31, 2022 | -0.2497 |
| December 31, 2021 | -0.4585 |
| September 30, 2021 | -0.4447 |
| June 30, 2021 | -0.522 |
| March 31, 2021 | -0.5455 |
| December 31, 2020 | -0.5746 |
| Date | Value |
|---|---|
| September 30, 2020 | -0.638 |
| June 30, 2020 | -0.6267 |
| March 31, 2020 | -0.6088 |
| December 31, 2019 | -0.7271 |
| September 30, 2019 | -0.9857 |
| June 30, 2019 | -1.033 |
| March 31, 2019 | -1.262 |
| December 31, 2018 | -1.801 |
| September 30, 2018 | -2.592 |
| June 30, 2018 | -2.011 |
| March 31, 2018 | -2.320 |
| December 31, 2017 | -2.764 |
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
-1.033
Minimum
Jun 2019
-0.1066
Maximum
Sep 2023
-0.4639
Average
-0.4903
Median
Debt to Equity Ratio Benchmarks
| Adtran Holdings Inc | 0.3284 |
| Cisco Systems Inc | 0.2509 |
| Aviat Networks Inc | 0.1951 |
| PowerFleet Inc | 0.1559 |
| Moving iMage Technologies Inc | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.359M |
| Total Liabilities (Quarterly) | 94.72M |
| Shareholders Equity (Quarterly) | -92.68M |
| Current Ratio | 0.0023 |
| Net Debt Paydown Yield | 5.50% |