Debt to Equity Ratio Analysis of Global Medical REIT Inc - Deep Dive
Latest FY Debt to Equity
Period Ending - Dec-23
Excellent Debt to Equity
0.0451
Period Ending - Dec-22
Excellent Debt to Equity
0.194
Growth
-76.80 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Indecisive Debt to Equity
1.07
Debt to Equity Analysis of Global Medical REIT Inc
Debt to Equity Ratio 0.0451 of Global Medical REIT Inc indicates to run a business company uses lower amount of long-term debt. |
Debt to Equity Ratio of GMRE drastically fell by -76.80 % this year. |
Debt to Equity Ratio with value of 1.71 was highest in Year Dec-19 in last Five Years. |
Debt to Equity Ratio of GMRE trending down for at least three Years. |
Latest Debt to Equity Ratio with value of 0.0451 is lower than Average Debt to Equity of 0.844 in last five years. |
Other Debt to Equity Related Info of GMRE that may interest you.
Global Medical REIT Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
GMRE | 9.08 | 9.02 | 0.665 % | REIT-Healthcare Facilities |
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 Global Medical REIT Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Debt to Equity | 0.0451 | 0.194 | 0.918 | 1.36 | 1.71 | 1.18 | 1.65 |
Change | -76.80 % | -78.84 % | -32.47 % | -20.28 % | 44.18 % | -28.40 % | 92.44 % |
FY Chart of Debt to Equity Ratio of Global Medical REIT Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)