Vision Marine Technologies Inc (VMAR)
0.546
0.00 (0.00%)
USD |
NASDAQ |
Apr 25, 16:00
0.6496
+0.10
(+18.97%)
After-Hours: 20:00
Vision Marine Technologies Debt to Equity Ratio: 0.0325 for Nov. 30, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| 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 |
| February 28, 2022 | 0.0111 |
| Date | Value |
|---|---|
| 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
-0.0359
Average
0.0109
Median
Debt to Equity Ratio Benchmarks
| Brunswick Corp | 1.164 |
| Marine Products Corp | 0.00 |
| Malibu Boats Inc | 0.0564 |
| MasterCraft Boat Holdings Inc | 0.2664 |
| Electrameccanica Vehicles Corp Ltd (DELISTED) | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 16.84M |
| Total Liabilities (Quarterly) | 6.454M |
| Shareholders Equity (Quarterly) | 10.38M |
| Current Ratio | 1.250 |
| Net Debt Paydown Yield | -0.21% |