Summit Networks Inc. (SNTW) Debt Ratio (2014 - 2022)
Summit Networks (SNTW) posted quarterly Debt Ratio of 2.82 for Q4 2022, down 95.7% quarter-over-quarter from 65.58 in Q3 2022.
Summit Networks Inc. (SNTW) Debt Ratio (2014 - 2022) Analysis & Trends
Summit Networks (SNTW) has reported Debt Ratio for 9 consecutive years, with 2.82 the latest figure, recorded in Q4 2022.
- In Q4 2022, Debt Ratio changed N/A year-over-year to 2.82; the TTM figure through Dec 2022 stood at 2.82 (changed N/A YoY), while the FY2022 annual figure was 65.58, up 853.68% from the prior year.
- Debt Ratio declined to 2.82 in Q4 2022 per SNTW's latest filing, from 65.58 in the prior quarter.
- Across five years, Debt Ratio topped out at 95.19 in Q3 2019 and bottomed at 0.63 in Q3 2018.
- Historically, Debt Ratio has averaged 36.39 across 5 years, with a median of 6.88 in 2021.
- Annual changes were most pronounced in 2019 — Debt Ratio soared 14928.73% — and 2020, when it sank 98.24%.
- Summit Networks' Debt Ratio stood at 0.63 in 2018, then jumped by 14928.73% to 95.19 in 2019, then plunged by 98.24% to 1.67 in 2020, then surged by 311.4% to 6.88 in 2021, then tumbled by 59.03% to 2.82 in 2022.
- Business Quant data shows SNTW's Debt Ratio at 2.82 in Q4 2022, 65.58 in Q3 2022, and 6.88 in Q3 2021.
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Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | 2.82 |
| Sep 30, 2022 | 65.58 |
| Sep 30, 2021 | 6.88 |
| Jul 31, 2020 | 1.67 |
| Apr 30, 2020 | 81.99 |
| Jul 31, 2019 | 95.19 |
| Jul 31, 2018 | 0.63 |
| Apr 30, 2017 | 0.03 |
| Jan 31, 2017 | 0.03 |
| Oct 31, 2016 | 0.03 |
| Jul 31, 2016 | 0.03 |
| Apr 30, 2016 | 0.03 |
| Jan 31, 2016 | 0.03 |
| Oct 31, 2015 | 0.02 |
| Jul 31, 2015 | 0.02 |
| Apr 30, 2015 | 0.00 |
| Jan 31, 2015 | 0.01 |
| Oct 31, 2014 | 0.01 |
| Jul 31, 2014 | 0.00 |