Chardan Debt Equity Ratio from 2010 to 2024

DFLIW Stock  USD 0.01  0.0004  3.10%   
Chardan NexTech Debt Equity Ratio yearly trend continues to be fairly stable with very little volatility. Debt Equity Ratio will likely drop to 0.67 in 2024. During the period from 2010 to 2024, Chardan NexTech Debt Equity Ratio regression line of quarterly data had mean square error of  0.33 and geometric mean of  2.23. View All Fundamentals
 
Debt Equity Ratio  
First Reported
2010-12-31
Previous Quarter
0.70518057
Current Value
0.67
Quarterly Volatility
0.75507113
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Chardan NexTech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Chardan NexTech's main balance sheet or income statement drivers, such as Tax Provision of 755.8 K, Depreciation And Amortization of 809.3 K or Selling General Administrative of 17.3 M, as well as many indicators such as Price To Sales Ratio of 3.8, Dividend Yield of 0.0 or PTB Ratio of 8.77. Chardan financial statements analysis is a perfect complement when working with Chardan NexTech Valuation or Volatility modules.
  
Check out the analysis of Chardan NexTech Correlation against competitors.

Latest Chardan NexTech's Debt Equity Ratio Growth Pattern

Below is the plot of the Debt Equity Ratio of Chardan NexTech Acquisition over the last few years. It is Chardan NexTech's Debt Equity Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Chardan NexTech's overall financial position and show how it may be relating to other accounts over time.
Debt Equity Ratio10 Years Trend
Slightly volatile
   Debt Equity Ratio   
       Timeline  

Chardan Debt Equity Ratio Regression Statistics

Arithmetic Mean2.42
Geometric Mean2.23
Coefficient Of Variation31.21
Mean Deviation0.56
Median2.77
Standard Deviation0.76
Sample Variance0.57
Range2.0985
R-Value(0.69)
Mean Square Error0.33
R-Squared0.47
Significance0
Slope(0.12)
Total Sum of Squares7.98

Chardan Debt Equity Ratio History

2024 0.67
2023 0.71
2022 1.7

About Chardan NexTech Financial Statements

Chardan NexTech investors use historical fundamental indicators, such as Chardan NexTech's Debt Equity Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Chardan NexTech. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt Equity Ratio 0.71  0.67 

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Additional Tools for Chardan Stock Analysis

When running Chardan NexTech's price analysis, check to measure Chardan NexTech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chardan NexTech is operating at the current time. Most of Chardan NexTech's value examination focuses on studying past and present price action to predict the probability of Chardan NexTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chardan NexTech's price. Additionally, you may evaluate how the addition of Chardan NexTech to your portfolios can decrease your overall portfolio volatility.