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Taxonomy & unit
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ratio: %
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Description
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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.
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Summary
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Medinotec Inc. quarterly Debt-to-equity history and growth rate from Q3 2023 to Q3 2024.
- Medinotec Inc. Debt-to-equity for the quarter ending August 31, 2024 was 104 %, a 25.3% increase year-over-year.
Debt-to-equity, Quarterly (%)
Debt-to-equity, YoY Quarterly Growth (%)