Poet Technologies (POET) Debt Ratio (2019 - 2024)
Poet Technologies' (POET) quarterly Debt Ratio came in at 0.0 in Q3 2024, down 115.89% YoY from 0.0 in Q4 2023, and up 58.46% on a QoQ basis from 0.0 in Q2 2024.
Poet Technologies (POET) Debt Ratio (2019 - 2024) Analysis & Trends
Poet Technologies (POET) has 6 years of Debt Ratio data on file, last reported at 0.0 in Q3 2024.
- Quarterly Debt Ratio fell 115.89% year-over-year to 0.0 in Q3 2024, while the trailing twelve-month figure through Sep 2024 was 0.0 (down 115.89% YoY) and the FY2022 annual result came in at 0.0, up 64.51% from the prior year.
- Debt Ratio climbed to 0.0 in Q3 2024, from 0.0 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.29 in Q4 2020 to a low of 0.01 in Q1 2024.
- A 5-year average of 0.02 and a median of 0.0 in 2022 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2020 — Debt Ratio surged 128.51% — and 2024, when it tumbled 398.98%.
- Tracing POET's Debt Ratio over 5 years: stood at 0.29 in 2020, then tumbled by 99.6% to 0.0 in 2021, then surged by 64.51% to 0.0 in 2022, then jumped by 43.27% to 0.0 in 2023, then tumbled by 115.89% to 0.0 in 2024.
- The last three Debt Ratio figures came in at 0.0 (Q3 2024), 0.0 (Q2 2024), and 0.01 (Q1 2024), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Taiwan Semiconductor Manufacturing | 10,848.43 Bn | 10,750.17 Bn | 23.77 Bn | 0.00 |
| 2 | Nvidia | 5,220.28 Bn | 5,169.94 Bn | 61.16 Bn | 0.04 |
| 3 | Broadcom | 1,746.09 Bn | 1,726.46 Bn | 15.42 Bn | 0.37 |
| 4 | Micron Technology | 1,092.82 Bn | 1,066.80 Bn | 35.06 Bn | 0.04 |
| 5 | Advanced Micro Devices | 773.31 Bn | 760.20 Bn | 6.20 Bn | 0.04 |
| 6 | Intel | 459.59 Bn | 429.86 Bn | 6.51 Bn | 0.25 |
| 7 | Arm Holdings | 259.13 Bn | 255.24 Bn | 1.25 Bn | - |
| 8 | Texas Instruments | 241.28 Bn | 234.28 Bn | 3.35 Bn | 0.42 |
| 9 | Marvell Technology | 209.48 Bn | 205.64 Bn | 1.26 Bn | 0.18 |
| 10 | Poet Technologies | 1.22 Bn | 787.19 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 0.00 |
| Jun 30, 2024 | 0.00 |
| Mar 31, 2024 | -0.01 |
| Sep 30, 2023 | 0.00 |
| Jun 30, 2023 | 0.00 |
| Mar 31, 2023 | 0.00 |
| Dec 31, 2022 | 0.00 |
| Sep 30, 2022 | 0.00 |
| Jun 30, 2022 | 0.00 |
| Mar 31, 2022 | 0.00 |
| Dec 31, 2021 | 0.00 |
| Sep 30, 2021 | 0.01 |
| Jun 30, 2021 | 0.01 |
| Mar 31, 2021 | 0.01 |
| Dec 31, 2020 | 0.29 |
| Dec 31, 2019 | 0.13 |
| Jun 30, 2019 | 0.09 |