ParaZero Technologies (PRZO) Debt Ratio (2022 - 2024)
ParaZero Technologies' (PRZO) quarterly Debt Ratio came in at 0.21 in Q2 2024, down 99.97% year-over-year from 712.29 in Q3 2023, and up 12.97% quarter-over-quarter from 0.19 in Q4 2023.
Analysis
ParaZero Technologies (PRZO) Debt Ratio (2022 - 2024) Analysis & Trends
ParaZero Technologies (PRZO) has reported Debt Ratio for 3 consecutive years, with 0.21 the latest figure, recorded in Q2 2024.
- On a quarterly basis, Debt Ratio fell 99.97% year-over-year to 0.21 in Q2 2024; TTM through Jun 2024 was 0.21, a 99.97% decrease from a year earlier, with the FY2023 full-year figure at 0.19, down 99.99% from the prior year.
- Debt Ratio was 0.21 for Q2 2024 at ParaZero Technologies, up from 0.19 in the prior quarter.
- Over five years, Debt Ratio peaked at 1668.5 in Q4 2022 and troughed at 0.19 in Q4 2023.
- A 3-year average of 595.3 and a median of 356.25 in 2023 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio tumbled 99.99% in 2023 and sank 99.97% in 2024, its largest moves.
- Over 3 years, Debt Ratio stood at 1668.5 in 2022, then plunged by 99.99% to 0.19 in 2023, then climbed by 12.97% to 0.21 in 2024.
- The last three Debt Ratio figures came in at 0.21 (Q2 2024), 0.19 (Q4 2023), and 712.29 (Q2 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | 122.01 Bn | 118.22 Bn | 2.45 Bn | 0.33 |
| 2 | General Dynamics | 95.71 Bn | 91.37 Bn | 6.76 Bn | 0.12 |
| 3 | Motorola Solutions | 76.80 Bn | 76.09 Bn | 1.68 Bn | 0.50 |
| 4 | Northrop Grumman | 73.72 Bn | 71.41 Bn | 3.72 Bn | 0.28 |
| 5 | L3Harris Technologies | 46.24 Bn | 44.72 Bn | 1.50 Bn | 0.26 |
| 6 | Elbit Systems | 33.11 Bn | 32.15 Bn | 579.01 Mn | 0.01 |
| 7 | Teledyne Technologies | 27.62 Bn | 27.28 Bn | 738.10 Mn | 0.13 |
| 8 | Curtiss Wright | 20.67 Bn | 20.19 Bn | 364.09 Mn | 0.21 |
| 9 | Leidos Holdings | 16.32 Bn | 15.57 Bn | 817.00 Mn | 0.39 |
| 10 | ParaZero Technologies | 13.98 Mn | -2.24 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | 0.21 |
| Dec 31, 2023 | 0.19 |
| Jun 30, 2023 | 712.29 |
| Dec 31, 2022 | 1,668.50 |