Debt to Equity Ratio Analysis of StealthGas Inc - Deep Dive
Latest FY Debt to Equity
Period Ending - Dec-23
Excellent Debt to Equity
0.225
Period Ending - Dec-22
Excellent Debt to Equity
0.058
Growth
287.17 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Excellent Debt to Equity
0.295
Debt to Equity Analysis of StealthGas Inc
Debt to Equity Ratio 0.225 of StealthGas Inc indicates to run a business company uses lower amount of long-term debt. |
Debt to Equity Ratio of GASS rose handsomely by 287.17 % this year. |
Debt to Equity Ratio with value of 0.655 was highest in Year Dec-19 in last Five Years. |
Debt to Equity Ratio with value of 0.058 was lowest in Year Dec-22 in last Five Years. |
Latest Debt to Equity Ratio with value of 0.225 is lower than Average Debt to Equity of 0.439 in last five years. |
Other Debt to Equity Related Info of GASS that may interest you.
StealthGas Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
GASS | 8.48 | 8.75 | 3.09 % | Marine Shipping |
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
Good Stability |
FY - Historical Debt to Equity Ratio of StealthGas Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Debt to Equity | 0.225 | 0.058 | 0.634 | 0.623 | 0.655 | 0.790 | 0.671 |
Change | 287.17 % | -90.84 % | 1.77 % | -4.92 % | -17.03 % | 17.68 % | -3.18 % |
FY Chart of Debt to Equity Ratio of StealthGas Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)