Xero Ltd (XROLF)
105.60
+3.40
(+3.33%)
USD |
OTCM |
Nov 14, 09:30
Xero Debt to Equity Ratio: 0.7953 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 0.7953 |
| September 30, 2023 | 1.016 |
| March 31, 2023 | 0.9676 |
| September 30, 2022 | 1.149 |
| March 31, 2022 | 0.8558 |
| September 30, 2021 | 1.049 |
| March 31, 2021 | 1.148 |
| September 30, 2020 | 0.9688 |
| March 31, 2020 | 1.005 |
| September 30, 2019 | 1.255 |
| March 31, 2019 | 1.012 |
| September 30, 2018 | 1.186 |
| Date | Value |
|---|---|
| March 31, 2018 | 0.00 |
| September 30, 2017 | 0.00 |
| March 31, 2017 | 0.00 |
| September 30, 2016 | 0.0124 |
| March 31, 2016 | 0.00 |
| September 30, 2015 | 0.00 |
| March 31, 2015 | 0.00 |
| September 30, 2014 | 0.00 |
| March 31, 2014 | 0.00 |
| September 30, 2013 | 0.00 |
| March 31, 2013 | 0.00 |
| September 30, 2012 | 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
0.7953
Minimum
Mar 2024
1.149
Maximum
Sep 2022
0.9951
Average
1.005
Median
Mar 2020
Debt to Equity Ratio Benchmarks
| Serko Ltd | 0.0151 |
| Vista Group International Ltd | 0.2299 |
| EROAD Ltd | 0.2838 |
| WidePoint Corp | 0.00 |
| Castellum Inc | 0.8761 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.764B |
| Total Liabilities (Quarterly) | 931.71M |
| Shareholders Equity (Quarterly) | 832.75M |
| Current Ratio | 6.617 |
| Net Debt Paydown Yield | 0.13% |