Growth Metrics

GROWLIFE, INC. (PHOT) Debt to Equity (2016 - 2023)

Growlife (PHOT) has disclosed Debt to Equity for 12 consecutive years, with -$0.32 as the latest value for Q2 2023.

  • On a quarterly basis, Debt to Equity fell 123.51% to -$0.32 in Q2 2023 year-over-year; TTM through Jun 2023 was -$0.32, a 123.51% decrease, with the full-year FY2022 number at -$0.32, down 3.24% from a year prior.
  • Debt to Equity was -$0.32 for Q2 2023 at Growlife, roughly flat from -$0.32 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of -$0.14 in Q2 2022 to a low of -$0.68 in Q1 2019.
  • A 5-year average of -$0.3 and a median of -$0.3 in 2021 define the central range for Debt to Equity.
  • Biggest YoY gain for Debt to Equity was 76.53% in 2019; the steepest drop was 219.06% in 2019.
  • Growlife's Debt to Equity stood at -$0.28 in 2019, then rose by 21.2% to -$0.22 in 2020, then plummeted by 39.87% to -$0.31 in 2021, then decreased by 3.24% to -$0.32 in 2022, then grew by 0.38% to -$0.32 in 2023.
  • Per Business Quant, the three most recent readings for PHOT's Debt to Equity are -$0.32 (Q2 2023), -$0.32 (Q1 2023), and -$0.32 (Q4 2022).