Scientific Industries (SCND) Debt Ratio (2013 - 2021)

Scientific Industries (SCND) has reported Debt Ratio for 9 consecutive years, with 0.01 the latest figure, recorded in Q1 2021.

• In Q1 2021, Debt Ratio fell 65.1% year-over-year to 0.01; the TTM figure through Mar 2021 stood at 0.01 (down 65.1% YoY), while the FY2020 annual figure was 0.01, down 76.84% from the prior year.
• Debt Ratio came in at 0.01 for Q1 2021 at Scientific Industries, up from 0.01 in the prior quarter.
• The five-year high for Debt Ratio was 0.04 in Q1 2020, with the low at 0.01 in Q1 2018.
• Average Debt Ratio over 5 years is 0.02, with a median of 0.01 recorded in 2021.
• Across the five-year window, Debt Ratio slumped 83.37% in 2017 and jumped 275.87% in 2020, its largest moves.
• Year by year, Debt Ratio stood at 0.01 in 2017, then soared by 180.69% to 0.02 in 2018, then jumped by 87.7% to 0.03 in 2019, then plunged by 77.06% to 0.01 in 2020, then soared by 103.06% to 0.01 in 2021.
• According to Business Quant data, Debt Ratio over the past three periods registered 0.01, 0.01, and 0.01 for Q1 2021, Q4 2020, and Q3 2020 respectively.