KonaTel (KTEL) Debt Ratio (2018 - 2023)

KonaTel (KTEL) has reported Debt Ratio for 6 consecutive years, with 0.76 the latest figure, recorded 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 declined to 0.76 in Q4 2023 per KTEL's latest filing, from 0.8 in the prior quarter.
• Across five years, Debt Ratio topped out at 0.8 in Q3 2023 and bottomed at 0.01 in Q2 2019.
• Historically, Debt Ratio has averaged 0.26 across 5 years, with a median of 0.08 in 2020.
• The sharpest annual moves came in 2021 and 2023: Debt Ratio plunged 54.58% in 2021, then soared 1677.16% in 2023.
• Over 5 years, Debt Ratio stood at 0.04 in 2019, then jumped by 91.93% to 0.08 in 2020, then sank by 53.44% to 0.04 in 2021, then soared by 1355.12% to 0.56 in 2022, then jumped by 34.92% to 0.76 in 2023.
• According to Business Quant data, Debt Ratio over the past three periods registered 0.76, 0.8, and 0.78 for Q4 2023, Q3 2023, and Q2 2023 respectively.