Debt to Equity Ratio Analysis of Globant SA - Deep Dive
Latest FY Debt to Equity
Period Ending - Dec-23
Excellent Debt to Equity
0.120
Period Ending - Dec-22
Excellent Debt to Equity
0.0274
Growth
335.92 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Excellent Debt to Equity
0.084
Debt to Equity Analysis of Globant SA
Debt to Equity Ratio 0.120 of Globant SA indicates to run a business company uses lower amount of long-term debt. |
Debt to Equity Ratio of GLOB rose handsomely by 335.92 % this year. |
Debt to Equity Ratio with value of 0.161 was highest in Year Dec-19 in last Five Years. |
Debt to Equity Ratio with value of 0.0274 was lowest in Year Dec-22 in last Five Years. |
Latest Debt to Equity Ratio with value of 0.120 is Greater than Average Debt to Equity of 0.077 in last five years. |
Other Debt to Equity Related Info of GLOB that may interest you.
Globant SA Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
GLOB | 158.07 | 159.31 | 0.778 % | Information Technology 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 Ratio Formula Debt to Equity Ratio Formula](https://my.stockaio.com/help/template/FinDef/SolvencyRatios/DebtToEquity.jpg)
Debt to Equity Related Ratios
ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
Excellent Stability |
FY - Historical Debt to Equity Ratio of Globant SA
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Debt to Equity | 0.120 | 0.0274 | 0.0292 | 0.0470 | 0.161 | 0.054 | 0.0228 |
Change | 335.92 % | -6.10 % | -37.76 % | -70.91 % | 197.05 % | 138.15 % | -75.52 % |
FY Chart of Debt to Equity Ratio of Globant SA
Note : All Data Generated at the End of Trading Hours (EOD Data)