Embark Technology, Inc. Quarterly Debt-to-equity in % from Q3 2021 to Q1 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: Embark Technology, Inc. quarterly Debt-to-equity history and growth rate from Q3 2021 to Q1 2023.
Embark Technology, Inc. Debt-to-equity for the quarter ending March 31, 2023 was 15.8 %, a 55.6% decline year-over-year.

Debt-to-equity, Quarterly (%)

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

Period	Value	YoY Chg	Change %	Date
Q1 2023	15.8	-19.8	-55.6%	Mar 31, 2023
Q4 2022	15.8	-34.4	-68.5%	Dec 31, 2022
Q3 2022	17.9	-46.1	-72.1%	Sep 30, 2022
Q2 2022	22.4			Jun 30, 2022
Q1 2022	35.6			Mar 31, 2022
Q4 2021	50.3			Dec 31, 2021
Q3 2021	64			Sep 30, 2021

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