Goldenstone Debt Equity Ratio from 2010 to 2024

GDST Stock  USD 11.20  0.00  0.00%   
Goldenstone Acquisition Debt Equity Ratio yearly trend continues to be comparatively stable with very little volatility. Debt Equity Ratio will likely drop to 0.03 in 2024. From the period from 2010 to 2024, Goldenstone Acquisition Debt Equity Ratio quarterly data regression had r-value of (0.77) and coefficient of variation of  61.85. View All Fundamentals
 
Debt Equity Ratio  
First Reported
2010-12-31
Previous Quarter
0.0352526
Current Value
0.0335
Quarterly Volatility
1.35793273
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Goldenstone Acquisition financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Goldenstone Acquisition's main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.2 M, Interest Expense of 1.8 M or Other Operating Expenses of 533.7 K, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 1.48. Goldenstone financial statements analysis is a perfect complement when working with Goldenstone Acquisition Valuation or Volatility modules.
  
Check out the analysis of Goldenstone Acquisition Correlation against competitors.
For more information on how to buy Goldenstone Stock please use our How to Invest in Goldenstone Acquisition guide.

Latest Goldenstone Acquisition's Debt Equity Ratio Growth Pattern

Below is the plot of the Debt Equity Ratio of Goldenstone Acquisition over the last few years. It is Goldenstone Acquisition's Debt Equity Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Goldenstone Acquisition'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  

Goldenstone Debt Equity Ratio Regression Statistics

Arithmetic Mean2.20
Geometric Mean0.71
Coefficient Of Variation61.85
Mean Deviation1.16
Median2.99
Standard Deviation1.36
Sample Variance1.84
Range2.981
R-Value(0.77)
Mean Square Error0.82
R-Squared0.59
Significance0.0008
Slope(0.23)
Total Sum of Squares25.82

Goldenstone Debt Equity Ratio History

2024 0.0335
2023 0.0353
2021 0.00557

About Goldenstone Acquisition Financial Statements

Goldenstone Acquisition shareholders use historical fundamental indicators, such as Debt Equity Ratio, to determine how well the company is positioned to perform in the future. Although Goldenstone Acquisition investors may analyze each financial statement separately, they are all interrelated. The changes in Goldenstone Acquisition's assets and liabilities, for example, are also reflected in the revenues and expenses on on Goldenstone Acquisition's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Debt Equity Ratio 0.04  0.03 

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Additional Tools for Goldenstone Stock Analysis

When running Goldenstone Acquisition's price analysis, check to measure Goldenstone Acquisition'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 Goldenstone Acquisition is operating at the current time. Most of Goldenstone Acquisition's value examination focuses on studying past and present price action to predict the probability of Goldenstone Acquisition's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Goldenstone Acquisition's price. Additionally, you may evaluate how the addition of Goldenstone Acquisition to your portfolios can decrease your overall portfolio volatility.