Vestis Corp (VSTS)
15.47
-0.15
(-0.96%)
USD |
NYSE |
Nov 22, 10:15
Vestis Debt to Equity Ratio: 1.556 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 1.556 |
| March 31, 2024 | 1.575 |
| December 31, 2023 | 1.638 |
| September 30, 2023 | 1.697 |
| Date | Value |
|---|---|
| June 30, 2023 | 1.628 |
| March 31, 2023 | 1.644 |
| December 31, 2022 | |
| September 30, 2022 | 0.00 |
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
--
Minimum
Sep 2022
1.697
Maximum
Sep 2023
1.391
Average
1.628
Median
Jun 2023
Debt to Equity Ratio Benchmarks
| UniFirst Corp | 0.00 |
| Cintas Corp | 0.657 |
| Avalon Holdings Corp | 0.845 |
| Compx International Inc | 0.00 |
| Chicago Rivet & Machine Co | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 3.146B |
| Total Liabilities (Quarterly) | 2.244B |
| Shareholders Equity (Quarterly) | 901.18M |
| Current Ratio | 2.373 |
| Net Debt Paydown Yield | 1.06% |