KonaTel (KTEL) Debt Ratio (2018 - 2023)

KonaTel has reported Debt Ratio for 6 years, with the latest figure at 0.76 in Q4 2023.

• For the quarter ending Q4 2023, Debt Ratio rose 34.92% year-over-year to 0.76; the trailing twelve-month figure through Dec 2023 stood at 0.76 (up 34.92% YoY), and the FY2023 full-year result was 0.76, up 34.92% from the prior year.
• Debt Ratio for Q4 2023 stood at 0.76, down from 0.8 in the prior quarter.
• The five-year high for Debt Ratio was 0.8 in Q3 2023, with the low at 0.01 in Q1 2020.
• Historically, Debt Ratio has averaged 0.26 across 5 years, with a median of 0.05 in 2020.
• Annual changes were most pronounced in 2020 — Debt Ratio sank 63.53% — and 2023, when it surged 1677.16%.
• KonaTel's Debt Ratio stood at 0.02 in 2019, then jumped by 160.15% to 0.05 in 2020, then retreated by 24.15% to 0.04 in 2021, then jumped by 1355.12% to 0.56 in 2022, then surged by 34.92% to 0.76 in 2023.
• The last three Debt Ratio figures came in at 0.76 (Q4 2023), 0.8 (Q3 2023), and 0.78 (Q2 2023), per Business Quant data.