Paranovus Entertainment Technology (PAVS) Debt Ratio (2018 - 2025)
Paranovus Entertainment Technology (PAVS) posted quarterly Debt Ratio of 19.76 for Q1 2023, up 84758.97% year-over-year from N/an in Q1 2022, and up 69776.33% quarter-over-quarter from 0.03 in Q3 2022.
Paranovus Entertainment Technology (PAVS) Debt Ratio (2018 - 2025) Analysis & Trends
Paranovus Entertainment Technology (PAVS) has reported Debt Ratio for 6 consecutive years, with 19.76 the latest figure, recorded in Q1 2023.
- In Q1 2023, Debt Ratio rose 84758.97% year-over-year to 19.76; the TTM figure through Mar 2023 stood at 19.76 (up 84758.97% YoY), while the FY2023 annual figure was 19.76, up 84758.97% from the prior year.
- Debt Ratio grew to 19.76 in Q1 2023 per PAVS's latest filing, from 0.03 in the prior quarter.
- Across five years, Debt Ratio topped out at 19.76 in Q1 2023 and bottomed at 0.02 in Q1 2019.
- Historically, Debt Ratio has averaged 2.84 across 5 years, with a median of 0.02 in 2020.
- Annual changes were most pronounced in 2019 — Debt Ratio sank 43.46% — and 2023, when it soared 84758.97%.
- Paranovus Entertainment Technology's Debt Ratio stood at 0.02 in 2019, then jumped by 59.48% to 0.03 in 2020, then decreased by 21.4% to 0.02 in 2021, then soared by 42.51% to 0.03 in 2022, then surged by 69776.33% to 19.76 in 2023.
- Business Quant data shows PAVS's Debt Ratio at 19.76 in Q1 2023, 0.03 in Q3 2022, and 0.02 in Q1 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.30 Bn | 27.62 Bn | 2.03 Bn | 0.26 |
| 2 | General Mills | 21.36 Bn | 20.91 Bn | 1.60 Bn | 0.48 |
| 3 | Mccormick | 14.93 Bn | 14.60 Bn | 778.20 Mn | 0.30 |
| 4 | Jbs | 14.80 Bn | 11.34 Bn | 4.91 Bn | 0.49 |
| 5 | J M Smucker | 13.24 Bn | 13.18 Bn | 862.10 Mn | 0.43 |
| 6 | Hormel Foods | 13.13 Bn | 12.27 Bn | 518.51 Mn | 0.21 |
| 7 | Magnum Ice Cream | 12.17 Bn | 11.45 Bn | - | 0.35 |
| 8 | Darling Ingredients | 10.36 Bn | 10.20 Bn | 503.37 Mn | 0.36 |
| 9 | Smithfield Foods | 8.76 Bn | 7.41 Bn | 478.00 Mn | 0.17 |
| 10 | Paranovus Entertainment Technology | 358,825.55 | -14.89 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 0.07 |
| Mar 31, 2025 | 0.05 |
| Sep 30, 2024 | 0.02 |
| Mar 31, 2024 | 0.06 |
| Mar 31, 2023 | 19.76 |
| Sep 30, 2022 | 0.03 |
| Mar 31, 2022 | 0.02 |
| Mar 31, 2021 | 0.02 |
| Sep 30, 2020 | 0.03 |
| Mar 31, 2020 | 0.02 |
| Mar 31, 2019 | 0.02 |
| Mar 31, 2018 | 0.03 |