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Paranovus Entertainment Technology (PAVS) Debt Ratio (2018 - 2023)

Paranovus Entertainment Technology (PAVS) has disclosed Debt Ratio for 6 consecutive years, with 0.06 as the latest value for Q1 2023.

  • On a quarterly basis, Debt Ratio rose 164.87% to 0.06 in Q1 2023 year-over-year; TTM through Mar 2023 was 0.06, a 164.87% increase, with the full-year FY2023 number at 0.06, up 164.87% from a year prior.
  • Debt Ratio was 0.06 for Q1 2023 at Paranovus Entertainment Technology, up from 0.02 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.06 in Q1 2023 to a low of 0.02 in Q1 2019.
  • A 5-year average of 0.03 and a median of 0.02 in 2022 define the central range for Debt Ratio.
  • Peak YoY movement for Debt Ratio: crashed 43.46% in 2019, then skyrocketed 164.87% in 2023.
  • Paranovus Entertainment Technology's Debt Ratio stood at 0.02 in 2019, then soared by 113.61% to 0.03 in 2020, then plummeted by 41.32% to 0.02 in 2021, then increased by 17.35% to 0.02 in 2022, then surged by 164.87% to 0.06 in 2023.
  • Per Business Quant, the three most recent readings for PAVS's Debt Ratio are 0.06 (Q1 2023), 0.02 (Q1 2022), and 0.02 (Q1 2021).