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

Scientific Industries' Debt Ratio history runs 9 years deep, the most recent figure standing at 0.01 for 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 was 0.01 for Q1 2021 at Scientific Industries, up from 0.01 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 0.04 in Q1 2020 to a low of 0.01 in Q1 2018.
• Historically, Debt Ratio has averaged 0.02 across 5 years, with a median of 0.01 in 2021.
• The sharpest annual moves came in 2017 and 2020: Debt Ratio sank 83.37% in 2017, then jumped 275.87% in 2020.
• A 5-year view of Debt Ratio shows it 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 tumbled by 77.06% to 0.01 in 2020, then soared by 103.06% to 0.01 in 2021.
• The last three Debt Ratio figures came in at 0.01 (Q1 2021), 0.01 (Q4 2020), and 0.01 (Q3 2020), per Business Quant data.