Quanex Debt Equity Ratio from 2010 to 2024

NX Stock  USD 28.81  2.06  6.67%   
Quanex Building Debt Equity Ratio yearly trend continues to be fairly stable with very little volatility. Debt Equity Ratio will likely drop to 0.14 in 2024. During the period from 2010 to 2024, Quanex Building Debt Equity Ratio regression line of annual values had r-squared of  0 and arithmetic mean of  0.29. View All Fundamentals
 
Debt Equity Ratio  
First Reported
2010-12-31
Previous Quarter
0.15
Current Value
0.14
Quarterly Volatility
0.24392041
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Quanex Building financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quanex Building's main balance sheet or income statement drivers, such as Depreciation And Amortization of 56.5 M, Interest Expense of 7 M or Total Revenue of 805.7 M, as well as many indicators such as Price To Sales Ratio of 0.38, Dividend Yield of 0.0132 or PTB Ratio of 0.81. Quanex financial statements analysis is a perfect complement when working with Quanex Building Valuation or Volatility modules.
  
Check out the analysis of Quanex Building Correlation against competitors.

Latest Quanex Building's Debt Equity Ratio Growth Pattern

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

Quanex Debt Equity Ratio Regression Statistics

Arithmetic Mean0.29
Geometric Mean0.11
Coefficient Of Variation83.68
Mean Deviation0.21
Median0.19
Standard Deviation0.24
Sample Variance0.06
Range0.7309
R-Value(0.06)
Mean Square Error0.06
R-Squared0
Significance0.83
Slope(0)
Total Sum of Squares0.83

Quanex Debt Equity Ratio History

2024 0.14
2022 0.13
2021 0.19
2020 0.25
2018 0.48
2017 0.53
2016 0.59

About Quanex Building Financial Statements

Quanex Building investors use historical fundamental indicators, such as Quanex Building'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 Quanex Building. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt Equity Ratio 0.15  0.14 

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Additional Tools for Quanex Stock Analysis

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