ReTo Eco-Solutions Inc (RETO)
1.66
-0.05
(-2.92%)
USD |
NASDAQ |
May 31, 16:00
1.76
+0.10
(+6.02%)
After-Hours: 20:00
ReTo Eco-Solutions Debt to Equity Ratio: 2.214 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 2.214 |
| June 30, 2023 | -8.048 |
| December 31, 2022 | 1.771 |
| June 30, 2022 | 0.4463 |
| December 31, 2021 | 0.4127 |
| June 30, 2021 | 0.7973 |
| December 31, 2020 | 0.2881 |
| June 30, 2020 | 0.444 |
| Date | Value |
|---|---|
| December 31, 2019 | 0.4723 |
| June 30, 2019 | 0.3748 |
| December 31, 2018 | 0.3425 |
| June 30, 2018 | 0.3404 |
| December 31, 2017 | 0.3032 |
| June 30, 2017 | 0.5853 |
| December 31, 2016 | 0.734 |
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
-8.048
Minimum
Jun 2023
2.214
Maximum
Dec 2023
-0.0828
Average
0.4451
Median
Debt to Equity Ratio Benchmarks
| Origin Agritech Ltd | 0.00 |
| Austin Gold Corp | -- |
| Gulf Resources Inc | 0.00 |
| CN Energy Group Inc | 0.0701 |
| Critical Metals Corp | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 25.25M |
| Total Liabilities (Quarterly) | 20.39M |
| Shareholders Equity (Quarterly) | 4.355M |
| Current Ratio | 0.6044 |
| Net Debt Paydown Yield | -9.05% |