Debt to Equity Ratio Analysis of CBAK Energy Technology Inc - Deep Dive
Latest FY Debt to Equity
Period Ending - Dec-23
Very Good Debt to Equity
0.313
Period Ending - Dec-22
Excellent Debt to Equity
0.145
Growth
115.80 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Very Good Debt to Equity
0.324
Debt to Equity Analysis of CBAK Energy Technology Inc
Debt to Equity Ratio 0.313 of CBAK Energy Technology Inc indicates to run a business company uses lower amount of long-term debt. |
Debt to Equity Ratio of CBAT rose handsomely by 115.80 % this year. |
Debt to Equity Ratio with value of 2.97 was highest in Year Dec-19 in last Five Years. |
Debt to Equity Ratio with value of 0.107 was lowest in Year Dec-21 in last Five Years. |
Latest Debt to Equity Ratio with value of 0.313 is lower than Average Debt to Equity of 0.792 in last five years. |
Other Debt to Equity Related Info of CBAT that may interest you.
CBAK Energy Technology Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
CBAT | 1.64 | 1.55 | 5.81 % | Electrical Equipment & Parts |
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
Low Stability Stock |
FY - Historical Debt to Equity Ratio of CBAK Energy Technology Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Debt to Equity | 0.313 | 0.145 | 0.107 | 0.426 | 2.97 | 135.53 | 17.69 |
Change | 115.80 % | 35.07 % | -74.80 % | -85.67 % | -97.81 % | 666.20 % | 800.89 % |
FY Chart of Debt to Equity Ratio of CBAK Energy Technology Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)