SmartKem, Inc. Quarterly Debt-to-equity in % from Q1 2021 to Q3 2024

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: SmartKem, Inc. quarterly Debt-to-equity history and growth rate from Q1 2021 to Q3 2024.
SmartKem, Inc. Debt-to-equity for the quarter ending September 30, 2024 was 50.4 %, a 59.3% increase year-over-year.

Debt-to-equity, Quarterly (%)

Debt-to-equity, YoY Quarterly Growth (%)

Period	Value	YoY Chg	Change %	Date
Q3 2024	50.4	+18.8	+59.3%	Sep 30, 2024
Q2 2024	41	+12.1	+41.9%	Jun 30, 2024
Q1 2024	35.8	+12.3	+52.2%	Mar 31, 2024
Q4 2023	34	+17.1	+102%	Dec 31, 2023
Q3 2023	31.7	+17.9	+130%	Sep 30, 2023
Q2 2023	28.9	+17.7	+158%	Jun 30, 2023
Q1 2023	23.5	+14.1	+150%	Mar 31, 2023
Q4 2022	16.9	+7.83	+86.6%	Dec 31, 2022
Q3 2022	13.8	+3.66	+36.2%	Sep 30, 2022
Q2 2022	11.2	+1.42	+14.5%	Jun 30, 2022
Q1 2022	9.42	-0.32	-3.28%	Mar 31, 2022
Q4 2021	9.04			Dec 31, 2021
Q3 2021	10.1			Sep 30, 2021
Q2 2021	9.8			Jun 30, 2021
Q1 2021	9.75			Mar 31, 2021

* An asterisk sign (*) next to the value indicates that the value is likely invalid.