Debt to Equity Ratio Analysis of Opera Ltd - Deep Dive
Latest FY Debt to Equity
Period Ending - Dec-23
Excellent Debt to Equity
0.0040
Period Ending - Dec-22
Excellent Debt to Equity
0.0088
Growth
-54.34 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Excellent Debt to Equity
0.0114
Debt to Equity Analysis of Opera Ltd
Debt to Equity Ratio 0.0040 of Opera Ltd indicates to run a business company uses lower amount of long-term debt. |
Debt to Equity Ratio of OPRA drastically fell by -54.34 % this year. |
Debt to Equity Ratio with value of 0.054 was highest in Year Dec-19 in last Five Years. |
Debt to Equity Ratio with value of 0.0040 was lowest in Year Dec-23 in last Five Years. |
Latest Debt to Equity Ratio with value of 0.0040 is lower than Average Debt to Equity of 0.0178 in last five years. |
Other Debt to Equity Related Info of OPRA that may interest you.
Opera Ltd Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
OPRA | 13.94 | 14.19 | 1.76 % | Internet Content & Information |
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
Excellent Stability |
FY - Historical Debt to Equity Ratio of Opera Ltd
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Debt to Equity | 0.0040 | 0.0088 | 0.0133 | 0.0086 | 0.054 | 0.0061 | 0.0100 |
Change | -54.34 % | -33.85 % | 55.89 % | -84.27 % | 791.75 % | -39.08 % | -52.79 % |
FY Chart of Debt to Equity Ratio of Opera Ltd
Note : All Data Generated at the End of Trading Hours (EOD Data)