Sincerity Applied Materials Holdings Corp. (SINC) Debt Ratio (2015 - 2022)

Sincerity Applied Materials Holdings has reported Debt Ratio for 8 years, with the latest figure at 0.09 in Q2 2022.

• For the quarter ending Q2 2022, Debt Ratio fell 71.68% year-over-year to 0.09; the trailing twelve-month figure through Jun 2022 stood at 0.09 (down 71.68% YoY), and the FY2020 full-year result was 0.11, down 35.76% from the prior year.
• Debt Ratio for Q2 2022 stood at 0.09, down from 0.32 in the prior quarter.
• The five-year high for Debt Ratio was 0.61 in Q3 2018, with the low at 0.09 in Q2 2022.
• Historically, Debt Ratio has averaged 0.26 across 5 years, with a median of 0.26 in 2018.
• Annual changes were most pronounced in 2018 — Debt Ratio plunged 94.38% — and 2021, when it surged 191.69%.
• Sincerity Applied Materials Holdings' Debt Ratio stood at 0.26 in 2018, then slumped by 36.45% to 0.17 in 2019, then sank by 35.76% to 0.11 in 2020, then soared by 191.76% to 0.31 in 2021, then sank by 70.37% to 0.09 in 2022.
• The last three Debt Ratio figures came in at 0.09 (Q2 2022), 0.32 (Q1 2022), and 0.31 (Q3 2021), per Business Quant data.