Debt to Equity Ratio Analysis of Tantech Holdings Ltd - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Debt to Equity
Period Ending - Dec-22
Excellent Debt to Equity
0.068
Period Ending - Dec-21
Excellent Debt to Equity
0.111
Growth
-38.38 %
Most recent Quarter Debt to Equity
Period Ending - Sep-23
Excellent Debt to Equity
0.058
Debt to Equity Analysis of Tantech Holdings Ltd
| Debt to Equity Ratio 0.068 of Tantech Holdings Ltd indicates to run a business company uses lower amount of long-term debt. |
| Debt to Equity Ratio of TANH drastically fell by -38.38 % this year. |
| Debt to Equity Ratio with value of 0.128 was highest in Year Dec-18 in last Five Years. |
| Debt to Equity Ratio with value of 0.068 was lowest in Year Dec-22 in last Five Years. |
| Latest Debt to Equity Ratio with value of 0.068 is lower than Average Debt to Equity of 0.095 in last five years. |
Other Debt to Equity Related Info of TANH that may interest you.
Tantech Holdings Ltd Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| TANH | 0.657 | 0.5751 | 14.24 % | Household & Personal Products |
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 Tantech Holdings Ltd
| Period | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 |
|---|---|---|---|---|---|---|---|
| Debt to Equity | 0.068 | 0.111 | 0.088 | 0.082 | 0.128 | 0.121 | 0.083 |
| Change | -38.38 % | 25.98 % | 7.72 % | -36.26 % | 5.85 % | 44.80 % | -31.16 % |
FY Chart of Debt to Equity Ratio of Tantech Holdings Ltd
Note : All Data Generated at the End of Trading Hours (EOD Data)