Massimo Group (MAMO)
3.82
-0.10
(-2.55%)
USD |
NASDAQ |
May 17, 16:00
3.82
0.00 (0.00%)
Pre-Market: 20:00
Massimo Group Debt to Equity Ratio: 0.4376 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 0.4376 |
| December 31, 2023 | 0.5682 |
| September 30, 2023 | 1.307 |
| Date | Value |
|---|---|
| March 31, 2023 | |
| December 31, 2022 | 3.278 |
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
0.4376
Minimum
Mar 2024
3.278
Maximum
Dec 2022
1.398
Average
0.9376
Median
Debt to Equity Ratio Benchmarks
| Polaris Inc | 1.501 |
| Life Electric Vehicles Holdings Inc | 0.5013 |
| Vivic Corp | 0.2864 |
| Twin Vee PowerCats Co | 0.0213 |
| Tesla Inc | 0.0757 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 47.27M |
| Total Liabilities (Quarterly) | 29.13M |
| Shareholders Equity (Quarterly) | 18.14M |
| Current Ratio | 2.116 |