Paranovus Entertainment Technology (PAVS) Debt Ratio (2018 - 2024)

Paranovus Entertainment Technology (PAVS) reported Debt Ratio of 0.0 for Q3 2024, down 71.25% year-over-year from 0.0 in Q4 2023, and down 87.57% quarter-over-quarter from 0.0 in Q1 2024.

Paranovus Entertainment Technology (PAVS) Debt Ratio (2018 - 2024) Analysis & Trends

Paranovus Entertainment Technology (PAVS) has 7 years of Debt Ratio data on file, last reported at 0.0 in Q3 2024.

  • Debt Ratio for Q3 2024 came in at 0.0, down 71.25% year-over-year; the trailing twelve-month figure through Sep 2024 was 0.0 (down 71.25% YoY), and the FY2024 annual result was 0.0, down 99.98% from the prior year.
  • Debt Ratio eased to 0.0 in Q3 2024 per PAVS's latest filing, from 0.0 in the prior quarter.
  • Over five years, Debt Ratio peaked at 20.0 in Q1 2023 and troughed at 0.0 in Q3 2024.
  • A 5-year average of 2.02 and a median of 0.02 in 2021 frame the typical range for Debt Ratio.
  • The sharpest annual moves came in 2023 and 2024: Debt Ratio surged 85817.49% in 2023, then slumped 99.98% in 2024.
  • A 5-year view of Debt Ratio shows it stood at 0.03 in 2020, then declined by 23.75% to 0.02 in 2021, then jumped by 46.91% to 0.03 in 2022, then slumped by 92.88% to 0.0 in 2023, then plunged by 71.25% to 0.0 in 2024.
  • Business Quant data shows PAVS's Debt Ratio at 0.0 in Q3 2024, 0.0 in Q1 2024, and 0.0 in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Paranovus Entertainment Technology 12,507.92 Bn 12,507.92 Bn - -
2 Kraft Heinz 27.05 Bn 22.98 Bn 2.22 Bn 0.26
3 General Mills 17.93 Bn 17.16 Bn 1.37 Bn 0.37
4 Jbs 13.56 Bn 8.99 Bn 2.32 Bn 0.45
5 Hormel Foods 13.29 Bn 12.44 Bn 518.51 Mn 0.21
6 Mccormick 12.45 Bn 12.85 Bn 708.90 Mn 0.30
7 Magnum Ice Cream 11.94 Bn 11.47 Bn - 0.44
8 J M Smucker 11.83 Bn 11.77 Bn 862.10 Mn 0.42
9 Smithfield Foods 9.80 Bn 8.73 Bn 511.00 Mn 0.17
10 Darling Ingredients 8.51 Bn 8.55 Bn 404.92 Mn 0.39

Historic Data

Download Data
DateValue
Sep 30, 2024 0.00
Mar 31, 2024 0.00
Sep 30, 2023 0.00
Mar 31, 2023 20.00
Sep 30, 2022 0.03
Mar 31, 2022 0.02
Sep 30, 2021 0.02
Mar 31, 2021 0.02
Sep 30, 2020 0.03
Mar 31, 2020 0.03
Sep 30, 2019 0.03
Mar 31, 2019 0.02
Mar 31, 2018 0.03