Mainz Biomed N.V (MYNZ) Debt Ratio: 2020-2024
Historic Debt Ratio for Mainz Biomed N.V (MYNZ) over the last 1 years, with Dec 2024 value amounting to 0.08.
- Mainz Biomed N.V's Debt Ratio fell 75.54% to 0.08 in Q4 2024 from the same period last year, while for Dec 2024 it was 0.08, marking a year-over-year decrease of 75.54%. This contributed to the annual value of 0.08 for FY2024, which is 75.54% down from last year.
- According to the latest figures from Q4 2024, Mainz Biomed N.V's Debt Ratio is 0.08, which was down 75.54% from 0.32 recorded in Q4 2023.
- Mainz Biomed N.V's Debt Ratio's 5-year high stood at 0.39 during Q3 2023, with a 5-year trough of 0.04 in Q4 2020.
- Its 3-year average for Debt Ratio is 0.23, with a median of 0.29 in 2023.
- Per our database at Business Quant, Mainz Biomed N.V's Debt Ratio spiked by 554.37% in 2023 and then crashed by 75.54% in 2024.
- Quarterly analysis of 5 years shows Mainz Biomed N.V's Debt Ratio stood at 0.04 in 2020, then skyrocketed by 269.55% to 0.13 in 2021, then crashed by 64.21% to 0.05 in 2022, then spiked by 554.37% to 0.32 in 2023, then slumped by 75.54% to 0.08 in 2024.
- Its Debt Ratio was 0.08 in Q4 2024, compared to 0.32 in Q4 2023 and 0.39 in Q3 2023.