Debt to Equity Ratio Analysis of DraftKings Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Debt to Equity
Period Ending - Dec-23
Not Good Debt to Equity
1.51
Period Ending - Dec-22
Good Debt to Equity
0.949
Growth
58.65 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Not Good Debt to Equity
1.52
Debt to Equity Analysis of DraftKings Inc
| Debt to Equity Ratio of DKNG rose handsomely by 58.65 % this year. |
| Debt to Equity Ratio of DKNG trending up for at least three Years. |
| Debt to Equity Ratio with value of -0.244 was lowest in Year Dec-19 in last Five Years. |
| Latest Debt to Equity Ratio with value of 1.51 is Greater than Average Debt to Equity of 0.593 in last five years. |
Other Debt to Equity Related Info of DKNG that may interest you.
DraftKings Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| DKNG | 41.95 | 38.91 | 7.81 % | Gambling |
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
| Poor Stability Stock | |
FY - Historical Debt to Equity Ratio of DraftKings Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Debt to Equity | 1.51 | 0.949 | 0.751 | 0.0048 | -0.244 | -0.0202 | 0 |
| Change | 58.65 % | 26.31 % | 15685.62 % | 101.95 % | -1104.78 % |
FY Chart of Debt to Equity Ratio of DraftKings Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)