Vision Marine Technologies Inc (VMAR)
3.24
+0.04
(+1.25%)
USD |
NASDAQ |
Nov 05, 11:19
Vision Marine Technologies Debt to Equity Ratio: 0.0537 for May 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| May 31, 2024 | 0.0537 |
| February 29, 2024 | 0.0822 |
| November 30, 2023 | 0.0325 |
| August 31, 2023 | 0.0398 |
| May 31, 2023 | 0.0509 |
| February 28, 2023 | 0.1074 |
| November 30, 2022 | 0.0177 |
| August 31, 2022 | 0.0095 |
| May 31, 2022 | 0.0107 |
| Date | Value |
|---|---|
| February 28, 2022 | 0.0111 |
| November 30, 2021 | 0.002 |
| August 31, 2021 | 0.0019 |
| May 31, 2021 | 0.00 |
| February 28, 2021 | 0.00 |
| November 30, 2020 | |
| August 31, 2020 | 0.7346 |
| May 31, 2020 | |
| February 29, 2020 | -1.521 |
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
-1.521
Minimum
Feb 2020
0.7346
Maximum
Aug 2020
-0.0229
Average
0.0144
Median
Debt to Equity Ratio Benchmarks
| Brunswick Corp | 1.264 |
| Marine Products Corp | 0.00 |
| Malibu Boats Inc | 0.0541 |
| US Lighting Group Inc | -1.158 |
| MasterCraft Boat Holdings Inc | 0.2682 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 12.52M |
| Total Liabilities (Quarterly) | 9.805M |
| Shareholders Equity (Quarterly) | 2.719M |
| Current Ratio | 2.240 |
| Net Debt Paydown Yield | 2.34% |