Debt to Equity Ratio Analysis of Methode Electronics Inc - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Debt to Equity
Period Ending - May-23
Very Good Debt to Equity
0.333
Period Ending - May-22
Excellent Debt to Equity
0.237
Growth
40.54 %
Most recent Quarter Debt to Equity
Period Ending - Feb-24
Excellent Debt to Equity
0.0078
Debt to Equity Analysis of Methode Electronics Inc
| Debt to Equity Ratio 0.333 of Methode Electronics Inc indicates to run a business company uses lower amount of long-term debt. |
| Debt to Equity Ratio of MEI rose handsomely by 40.54 % this year. |
| Debt to Equity Ratio with value of 0.456 was highest in Year May-20 in last Five Years. |
| Debt to Equity Ratio with value of 0.237 was lowest in Year May-22 in last Five Years. |
| Latest Debt to Equity Ratio with value of 0.333 is lower than Average Debt to Equity of 0.344 in last five years. |
Other Debt to Equity Related Info of MEI that may interest you.
Methode Electronics Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| MEI | 11.78 | 11.84 | 0.507 % | Electronic Components |
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
| Mild Stability | |
FY - Historical Debt to Equity Ratio of Methode Electronics Inc
| Period | May-23 | May-22 | May-21 | May-20 | May-19 | May-18 | May-17 |
|---|---|---|---|---|---|---|---|
| Debt to Equity | 0.333 | 0.237 | 0.268 | 0.456 | 0.424 | 0.092 | 0.100 |
| Change | 40.54 % | -11.66 % | -41.25 % | 7.60 % | 362.41 % | -8.07 % | -58.85 % |
FY Chart of Debt to Equity Ratio of Methode Electronics Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)