Debt to Equity Ratio Analysis of Saga Communications Inc - Deep Dive
Latest FY Debt to Equity
Period Ending - Dec-23
Excellent Debt to Equity
0.0109
Period Ending - Dec-22
Very Poor Debt to Equity
9.73
Growth
-99.89 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Excellent Debt to Equity
0.0080
Debt to Equity Analysis of Saga Communications Inc
Debt to Equity Ratio 0.0109 of Saga Communications Inc indicates to run a business company uses lower amount of long-term debt. |
Debt to Equity Ratio of SGA drastically fell by -99.89 % this year. |
Debt to Equity Ratio with value of 9.73 was highest in Year Dec-22 in last Five Years. |
Debt to Equity Ratio with value of 0.0090 was lowest in Year Dec-21 in last Five Years. |
Latest Debt to Equity Ratio with value of 0.0109 is lower than Average Debt to Equity of 1.97 in last five years. |
Other Debt to Equity Related Info of SGA that may interest you.
Saga Communications Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
SGA | 17.76 | 17.51 | 1.43 % | Broadcasting |
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 Saga Communications Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Debt to Equity | 0.0109 | 9.73 | 0.0090 | 0.062 | 0.061 | 0.108 | 0.139 |
Change | -99.89 % | 107641 % | -85.38 % | 1.66 % | -43.79 % | -22.39 % | -48.29 % |
FY Chart of Debt to Equity Ratio of Saga Communications Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)