Paranovus Entertainment Technology (PAVS) Debt to Equity (2018 - 2024)
Paranovus Entertainment Technology (PAVS) reported Debt to Equity of $0.01 for Q1 2024, down 96.06% year-over-year from $0.16 in Q2 2023, and down 96.06% quarter-over-quarter from $0.16 in Q1 2023.
Paranovus Entertainment Technology (PAVS) Debt to Equity (2018 - 2024) Analysis & Trends
Paranovus Entertainment Technology (PAVS) has 7 years of Debt to Equity data on file, last reported at $0.01 in Q1 2024.
- Debt to Equity for Q1 2024 came in at $0.01, down 96.06% year-over-year; the trailing twelve-month figure through Mar 2024 was $0.01 (down 96.06% YoY), and the FY2024 annual result was $0.01, down 96.06% from the prior year.
- Debt to Equity eased to $0.01 in Q1 2024 per PAVS's latest filing, from $0.16 in the prior quarter.
- Over five years, Debt to Equity peaked at $0.16 in Q1 2023 and troughed at $0.01 in Q1 2024.
- A 5-year average of $0.05 and a median of $0.03 in 2022 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2023 and 2024: Debt to Equity surged 458.19% in 2023, then sank 96.06% in 2024.
- A 5-year view of Debt to Equity shows it stood at $0.04 in 2020, then slumped by 36.62% to $0.02 in 2021, then surged by 73.39% to $0.04 in 2022, then soared by 311.71% to $0.16 in 2023, then plunged by 96.06% to $0.01 in 2024.
- Business Quant data shows PAVS's Debt to Equity at $0.01 in Q1 2024, $0.16 in Q1 2023, and $0.04 in Q3 2022.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (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 | 0.50 |
| 3 | General Mills | 17.93 Bn | 17.16 Bn | 1.37 Bn | 1.27 |
| 4 | Jbs | 13.56 Bn | 8.99 Bn | 2.32 Bn | 2.49 |
| 5 | Hormel Foods | 13.29 Bn | 12.44 Bn | 518.51 Mn | 0.36 |
| 6 | Mccormick | 12.45 Bn | 12.85 Bn | 708.90 Mn | 0.65 |
| 7 | Magnum Ice Cream | 11.94 Bn | 11.47 Bn | - | 5.30 |
| 8 | J M Smucker | 11.83 Bn | 11.77 Bn | 862.10 Mn | 1.23 |
| 9 | Smithfield Foods | 9.80 Bn | 8.73 Bn | 511.00 Mn | 0.29 |
| 10 | Darling Ingredients | 8.51 Bn | 8.55 Bn | 404.92 Mn | 0.83 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 0.01 |
| Mar 31, 2023 | 0.16 |
| Sep 30, 2022 | 0.04 |
| Mar 31, 2022 | 0.03 |
| Mar 31, 2021 | 0.02 |
| Mar 31, 2020 | 0.04 |
| Mar 31, 2019 | 0.02 |
| Mar 31, 2018 | 0.03 |