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| Date | Value |
|---|---|
| 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 |