Toughbuilt Industries, Inc Quarterly Debt-to-equity in % from Q2 2019 to Q4 2023

Taxonomy & unit
ratio: %
Description
Debt-to-equity (D/E) ratio is used to evaluate a company's financial leverage and is calculated by dividing a company's total liabilities by its shareholder equity.
Summary
Toughbuilt Industries, Inc quarterly Debt-to-equity history and growth rate from Q2 2019 to Q4 2023.
  • Toughbuilt Industries, Inc Debt-to-equity for the quarter ending December 31, 2023 was 714 %, a 614% increase year-over-year.
Debt-to-equity, Quarterly (%)
Debt-to-equity, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Date
Q4 2023 714 +614 +614% Dec 31, 2023
Q3 2023 321 +252 +366% Sep 30, 2023
Q2 2023 183 +133 +264% Jun 30, 2023
Q1 2023 137 +102 +298% Mar 31, 2023
Q4 2022 100 +76.5 +325% Dec 31, 2022
Q3 2022 68.8 +47.2 +219% Sep 30, 2022
Q2 2022 50.3 +27.7 +123% Jun 30, 2022
Q1 2022 34.3 +11.4 +50% Mar 31, 2022
Q4 2021 23.5 -15.5 -39.7% Dec 31, 2021
Q3 2021 21.6 -26.3 -54.9% Sep 30, 2021
Q2 2021 22.6 -69.2 -75.4% Jun 30, 2021
Q1 2021 22.9 -301 -92.9% Mar 31, 2021
Q4 2020 39 +753 Dec 31, 2020
Q3 2020 47.9 +275 Sep 30, 2020
Q2 2020 91.8 +287 Jun 30, 2020
Q1 2020 324 Mar 31, 2020
Q4 2019 -714 Dec 31, 2019
Q3 2019 -227 Sep 30, 2019
Q2 2019 -195 Jun 30, 2019
* An asterisk sign (*) next to the value indicates that the value is likely invalid.