WANG & LEE Group Inc (WLGS)
0.5733
+0.04
(+7.20%)
USD |
NASDAQ |
May 02, 16:00
0.5733
0.00 (0.00%)
After-Hours: 20:00
WANG & LEE Group Debt to Equity Ratio: 0.2922 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.2922 |
| June 30, 2023 | 0.2621 |
| December 31, 2022 | -0.6468 |
| Date | Value |
|---|---|
| June 30, 2022 | -0.6174 |
| December 31, 2021 | -0.9059 |
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
-0.9059
Minimum
Dec 2021
0.2922
Maximum
Dec 2023
-0.3232
Average
-0.6174
Median
Jun 2022
Debt to Equity Ratio Benchmarks
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 9.60M |
| Total Liabilities (Quarterly) | 4.941M |
| Shareholders Equity (Quarterly) | 4.659M |
| Current Ratio | 2.176 |
| Net Debt Paydown Yield | -2.55% |