Minerva Gold (MINR) Debt Ratio (2021 - 2023)

Minerva Gold's Debt Ratio history runs 3 years deep, the most recent figure standing at 2.81 for Q2 2023.

• In Q2 2023, Debt Ratio rose 587.8% year-over-year to 2.81; the TTM figure through May 2023 stood at 2.81 (up 587.8% YoY), while the FY2023 annual figure was 0.85, up 172.56% from the prior year.
• Debt Ratio was 2.81 for Q2 2023 at Minerva Gold, up from 0.85 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 2.81 in Q2 2023 to a low of 0.2 in Q1 2021.
• Historically, Debt Ratio has averaged 0.84 across 3 years, with a median of 0.57 in 2022.
• The sharpest annual moves came in 2022 and 2023: Debt Ratio tumbled 62.38% in 2022, then soared 587.8% in 2023.
• A 3-year view of Debt Ratio shows it stood at 0.24 in 2021, then soared by 185.55% to 0.67 in 2022, then jumped by 316.86% to 2.81 in 2023.
• The last three Debt Ratio figures came in at 2.81 (Q2 2023), 0.85 (Q1 2023), and 0.67 (Q4 2022), per Business Quant data.