Matrix Service (MTRX) Debt Ratio (2016 - 2023)
Historic Debt Ratio for Matrix Service (MTRX) over the last 11 years, with Q3 2023 value amounting to 0.03.
- Matrix Service's Debt Ratio fell 2833.98% to 0.03 in Q3 2023 from the same period last year, while for Sep 2023 it was 0.03, marking a year-over-year decrease of 2833.98%. This contributed to the annual value of 0.02 for FY2023, which is 2662.7% down from last year.
- As of Q3 2023, Matrix Service's Debt Ratio stood at 0.03, which was down 2833.98% from 0.02 recorded in Q2 2023.
- Matrix Service's Debt Ratio's 5-year high stood at 0.04 during Q3 2022, with a 5-year trough of 0.0 in Q1 2019.
- Moreover, its 4-year median value for Debt Ratio was 0.02 (2023), whereas its average is 0.02.
- Examining YoY changes over the last 5 years, Matrix Service's Debt Ratio showed a top increase of 54044.46% in 2019 and a maximum decrease of 8006.37% in 2019.
- Over the past 4 years, Matrix Service's Debt Ratio (Quarter) stood at 0.03 in 2019, then decreased by 26.83% to 0.02 in 2020, then skyrocketed by 86.91% to 0.03 in 2022, then fell by 23.6% to 0.03 in 2023.
- Its Debt Ratio stands at 0.03 for Q3 2023, versus 0.02 for Q2 2023 and 0.04 for Q1 2023.