Turbo Energy SA (TURB)
1.19
+0.01
(+0.85%)
USD |
NASDAQ |
May 17, 16:00
1.19
0.00 (0.00%)
After-Hours: 20:00
Turbo Energy Debt to Equity Ratio: 0.759 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.759 |
| June 30, 2023 | 1.194 |
| Date | Value |
|---|---|
| December 31, 2022 | 2.128 |
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
0.759
Minimum
Dec 2023
2.128
Maximum
Dec 2022
1.361
Average
1.194
Median
Jun 2023
Debt to Equity Ratio Benchmarks
| Indra Sistemas SA | 0.8166 |
| Global Dominion Access SA | 1.202 |
| Amadeus IT Group SA | 0.6938 |
| Wallbox NV | 1.384 |
| Amper SA | 2.226 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 16.83M |
| Total Liabilities (Quarterly) | 11.02M |
| Shareholders Equity (Quarterly) | 5.811M |
| Current Ratio | 1.336 |
| Net Debt Paydown Yield | -11.21% |