Right On Brands, Inc. (RTON) Debt to Equity (2018 - 2023)
Right On Brands' Debt to Equity history spans 4 years, with the latest figure at -$0.3 for Q4 2023.
- For Q4 2023, Debt to Equity changed N/A year-over-year to -$0.3; the TTM value through Dec 2023 reached -$0.3, changed N/A, while the annual FY2023 figure was -$0.37, 30.27% down from the prior year.
- Debt to Equity for Q4 2023 was -$0.3 at Right On Brands, down from -$0.2 in the prior quarter.
- Across five years, Debt to Equity topped out at -$0.18 in Q2 2023 and bottomed at -$0.6 in Q1 2019.
- The 3-year median for Debt to Equity is -$0.3 (2023), against an average of -$0.33.
- The largest annual shift saw Debt to Equity tumbled 674.51% in 2019 before it skyrocketed 42.7% in 2023.
- A 3-year view of Debt to Equity shows it stood at -$0.5 in 2019, then increased by 29.66% to -$0.35 in 2022, then grew by 14.77% to -$0.3 in 2023.
- Per Business Quant, the three most recent readings for RTON's Debt to Equity are -$0.3 (Q4 2023), -$0.2 (Q3 2023), and -$0.18 (Q2 2023).