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Ratios

Right On Brands, Inc. (RTON) Debt Ratio (2018 - 2023)

Right On Brands' Debt Ratio history spans 4 years, with the latest figure at 1.14 for Q4 2023.

  • For Q4 2023, Debt Ratio changed N/A year-over-year to 1.14; the TTM value through Dec 2023 reached 1.14, changed N/A, while the annual FY2023 figure was 0.88, 29.53% up from the prior year.
  • Debt Ratio for Q4 2023 was 1.14 at Right On Brands, up from 0.6 in the prior quarter.
  • Across five years, Debt Ratio topped out at 2.9 in Q1 2019 and bottomed at 0.32 in Q2 2022.
  • The 3-year median for Debt Ratio is 0.68 (2022), against an average of 1.14.
  • The largest annual shift saw Debt Ratio soared 4448.25% in 2019 before it decreased 8.1% in 2023.
  • A 3-year view of Debt Ratio shows it stood at 2.58 in 2019, then crashed by 74.53% to 0.66 in 2022, then skyrocketed by 73.81% to 1.14 in 2023.
  • Per Business Quant, the three most recent readings for RTON's Debt Ratio are 1.14 (Q4 2023), 0.6 (Q3 2023), and 0.48 (Q2 2023).