Argo Blockchain (ARBK) Debt Ratio: 2021-2024
Historic Debt Ratio for Argo Blockchain (ARBK) over the last 2 years, with Dec 2024 value amounting to 0.04.
- Argo Blockchain's Debt Ratio fell 93.78% to 0.04 in Q4 2024 from the same period last year, while for Dec 2024 it was 0.04, marking a year-over-year decrease of 93.78%. This contributed to the annual value of 0.04 for FY2024, which is 93.78% down from last year.
- As of Q4 2024, Argo Blockchain's Debt Ratio stood at 0.04, which was up 7.56% from 0.04 recorded in Q3 2024.
- Over the past 5 years, Argo Blockchain's Debt Ratio peaked at 0.72 during Q4 2023, and registered a low of 0.04 during Q3 2024.
- Moreover, its 3-year median value for Debt Ratio was 0.18 (2024), whereas its average is 0.27.
- In the last 5 years, Argo Blockchain's Debt Ratio spiked by 265.59% in 2022 and then plummeted by 93.81% in 2024.
- Argo Blockchain's Debt Ratio (Quarterly) stood at 0.09 in 2021, then skyrocketed by 265.59% to 0.34 in 2022, then skyrocketed by 110.13% to 0.72 in 2023, then crashed by 93.78% to 0.04 in 2024.
- Its Debt Ratio stands at 0.04 for Q4 2024, versus 0.04 for Q3 2024 and 0.17 for Q2 2024.