ZenaTech Inc (ZENA)
1.73
-0.05
(-2.81%)
USD |
NASDAQ |
Nov 14, 12:04
ZenaTech Debt to Equity Ratio: 1.123 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 1.123 |
| December 31, 2023 | 1.092 |
| September 30, 2023 | 1.100 |
| March 31, 2023 | |
| December 31, 2022 | 0.6568 |
| September 30, 2022 | 0.5174 |
| Date | Value |
|---|---|
| December 31, 2021 | 1.294 |
| September 30, 2021 | |
| December 31, 2020 | 0.201 |
| September 30, 2020 | 0.4638 |
| December 31, 2019 | 0.0856 |
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
0.0856
Minimum
Dec 2019
1.294
Maximum
Dec 2021
0.726
Average
0.6568
Median
Dec 2022
Debt to Equity Ratio Benchmarks
| Skkynet Cloud Systems Inc | 0.00 |
| Earth Life Sciences Inc | -- |
| A2Z Cust2Mate Solutions Corp | 0.2398 |
| Femto Technologies Inc | 0.0075 |
| Firefly Neuroscience Inc | 0.2175 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 13.48M |
| Total Liabilities (Quarterly) | 7.521M |
| Shareholders Equity (Quarterly) | 5.956M |
| Current Ratio | 2.890 |