Debt to Equity Ratio Analysis of Biomerica Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Debt to Equity
Period Ending - May-23
Excellent Debt to Equity
0.0253
Period Ending - May-22
Excellent Debt to Equity
0.0410
Growth
-38.21 %
Most recent Quarter Debt to Equity
Period Ending - Feb-24
Excellent Debt to Equity
0.0409
Debt to Equity Analysis of Biomerica Inc
| Debt to Equity Ratio 0.0253 of Biomerica Inc indicates to run a business company uses lower amount of long-term debt. |
| Debt to Equity Ratio of BMRA drastically fell by -38.21 % this year. |
| Debt to Equity Ratio with value of 0.0410 was highest in Year May-22 in last Five Years. |
| Debt to Equity Ratio with value of 0 was lowest in Year May-19 in last Five Years. |
| Latest Debt to Equity Ratio with value of 0.0253 is Greater than Average Debt to Equity of 0.0234 in last five years. |
Other Debt to Equity Related Info of BMRA that may interest you.
Biomerica Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| BMRA | 0.5806 | 0.63 | 7.84 % | Medical Devices |
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
| Mild Stability | |
FY - Historical Debt to Equity Ratio of Biomerica Inc
| Period | May-23 | May-22 | May-21 | May-20 | May-19 | May-18 | May-17 |
|---|---|---|---|---|---|---|---|
| Debt to Equity | 0.0253 | 0.0410 | 0.0355 | 0.0149 | 0 | 0 | 0 |
| Change | -38.21 % | 15.35 % | 138.50 % |
FY Chart of Debt to Equity Ratio of Biomerica Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)