Debt to Equity Ratio Analysis of CleanSpark Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Debt to Equity
Period Ending - Sep-23
Excellent Debt to Equity
0.0239
Period Ending - Sep-22
Excellent Debt to Equity
0.053
Growth
-55.20 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Excellent Debt to Equity
0.0089
Debt to Equity Analysis of CleanSpark Inc
| Debt to Equity Ratio 0.0239 of CleanSpark Inc indicates to run a business company uses lower amount of long-term debt. |
| Debt to Equity Ratio of CLSK drastically fell by -55.20 % this year. |
| Debt to Equity Ratio with value of 0.165 was highest in Year Sep-19 in last Five Years. |
| Debt to Equity Ratio with value of 0.0022 was lowest in Year Sep-21 in last Five Years. |
| Latest Debt to Equity Ratio with value of 0.0239 is lower than Average Debt to Equity of 0.056 in last five years. |
Other Debt to Equity Related Info of CLSK that may interest you.
CleanSpark Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| CLSK | 16.07 | 16.39 | 1.95 % | 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
| No Significant Stability | |
FY - Historical Debt to Equity Ratio of CleanSpark Inc
| Period | Sep-23 | Sep-22 | Sep-21 | Sep-20 | Sep-19 | Sep-18 | Sep-17 |
|---|---|---|---|---|---|---|---|
| Debt to Equity | 0.0239 | 0.053 | 0.0022 | 0.0349 | 0.165 | 0.066 | 0.0114 |
| Change | -55.20 % | 2338.69 % | -93.71 % | -78.86 % | 149.87 % | 480.96 % | 16308.06 % |
FY Chart of Debt to Equity Ratio of CleanSpark Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)