Debt to Equity Ratio Analysis of Forum Energy Technologies Inc - Deep Dive
Latest FY Debt to Equity
Period Ending - Dec-23
Very Good Debt to Equity
0.317
Period Ending - Dec-22
Good Debt to Equity
0.781
Growth
-59.44 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Good Debt to Equity
0.644
Debt to Equity Analysis of Forum Energy Technologies Inc
Debt to Equity Ratio 0.317 of Forum Energy Technologies Inc indicates to run a business company uses lower amount of long-term debt. |
Debt to Equity Ratio of FET drastically fell by -59.44 % this year. |
Debt to Equity Ratio with value of 0.822 was highest in Year Dec-19 in last Five Years. |
Debt to Equity Ratio with value of 0.317 was lowest in Year Dec-23 in last Five Years. |
Latest Debt to Equity Ratio with value of 0.317 is lower than Average Debt to Equity of 0.671 in last five years. |
Other Debt to Equity Related Info of FET that may interest you.
Forum Energy Technologies Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
FET | 18.24 | 18.02 | 1.22 % | Oil & Gas Equipment & Services |
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 Forum Energy Technologies Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Debt to Equity | 0.317 | 0.781 | 0.709 | 0.725 | 0.822 | 0.504 | 0.360 |
Change | -59.44 % | 10.18 % | -2.27 % | -11.75 % | 63.27 % | 39.69 % | 12.19 % |
FY Chart of Debt to Equity Ratio of Forum Energy Technologies Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)