HiTek Global (HKIT) Debt Ratio (2020 - 2024)
HiTek Global (HKIT) has disclosed Debt Ratio for 5 consecutive years, with 0.06 as the latest value for Q4 2024.
- Quarterly Debt Ratio fell 17.08% to 0.06 in Q4 2024 from the year-ago period, while the trailing twelve-month figure was 0.06 through Dec 2024, down 17.08% year-over-year, with the annual reading at 0.06 for FY2024, 17.08% down from the prior year.
- Debt Ratio hit 0.06 in Q4 2024 for HiTek Global, down from 0.07 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.13 in Q4 2022 to a low of 0.0 in Q4 2020.
- Historically, Debt Ratio has averaged 0.05 across 5 years, with a median of 0.06 in 2024.
- Biggest five-year swings in Debt Ratio: skyrocketed 2817.04% in 2021 and later plummeted 41.73% in 2023.
- Year by year, Debt Ratio stood at 0.0 in 2020, then surged by 2817.04% to 0.01 in 2021, then skyrocketed by 937.55% to 0.13 in 2022, then tumbled by 41.73% to 0.07 in 2023, then dropped by 17.08% to 0.06 in 2024.
- Business Quant data shows Debt Ratio for HKIT at 0.06 in Q4 2024, 0.07 in Q4 2023, and 0.13 in Q4 2022.