Debt to Equity Ratio Analysis of American Software Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Debt to Equity
Period Ending - Apr-23
Excellent Debt to Equity
0.0029
Period Ending - Apr-22
Excellent Debt to Equity
0.0041
Growth
-27.50 %
Most recent Quarter Debt to Equity
Period Ending - Jan-24
Excellent Debt to Equity
0.0279
Debt to Equity Analysis of American Software Inc
| Debt to Equity Ratio 0.0029 of American Software Inc indicates to run a business company uses lower amount of long-term debt. |
| Debt to Equity Ratio of AMSWA drastically fell by -27.50 % this year. |
| Debt to Equity Ratio with value of 0.052 was highest in Year Apr-19 in last Five Years. |
| Debt to Equity Ratio of AMSWA trending down for at least three Years. |
| Latest Debt to Equity Ratio with value of 0.0029 is lower than Average Debt to Equity of 0.0144 in last five years. |
Other Debt to Equity Related Info of AMSWA that may interest you.
American Software Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| AMSWA | 10.26 | 10.23 | 0.293 % | Software-Application |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..
Debt to Equity Related Ratios
| ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
| Good Stability | |
FY - Historical Debt to Equity Ratio of American Software Inc
| Period | Apr-23 | Apr-22 | Apr-21 | Apr-20 | Apr-19 | Apr-18 | Apr-17 |
|---|---|---|---|---|---|---|---|
| Debt to Equity | 0.0029 | 0.0041 | 0.0060 | 0.0064 | 0.052 | 0.086 | 0.063 |
| Change | -27.50 % | -32.62 % | -5.50 % | -87.79 % | -39.14 % | 35.36 % | -16.73 % |
FY Chart of Debt to Equity Ratio of American Software Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)