SafeSpace Global (SSGC) Debt Ratio (2013 - 2024)
SafeSpace Global (SSGC) posted quarterly Debt Ratio of 0.31 for Q3 2024, up 59.35% year-over-year from 0.19 in Q3 2023, and up 59.35% quarter-over-quarter from 0.19 in Q3 2023.
SafeSpace Global (SSGC) Debt Ratio (2013 - 2024) Analysis & Trends
SafeSpace Global (SSGC) has reported Debt Ratio for 12 consecutive years, with 0.31 the latest figure, recorded in Q3 2024.
- In Q3 2024, Debt Ratio rose 59.35% year-over-year to 0.31; the TTM figure through Jul 2024 stood at 0.31 (up 59.35% YoY), while the FY2024 annual figure was 0.31, up 59.35% from the prior year.
- Debt Ratio rose to 0.31 in Q3 2024 per SSGC's latest filing, from 0.19 in the prior quarter.
- Across five years, Debt Ratio topped out at 17.64 in Q2 2020 and bottomed at 0.18 in Q2 2023.
- Historically, Debt Ratio has averaged 2.05 across 5 years, with a median of 0.5 in 2022.
- Annual changes were most pronounced in 2020 — Debt Ratio tumbled 98.62% — and 2021, when it surged 622.42%.
- SafeSpace Global's Debt Ratio stood at 3.53 in 2020, then plunged by 84.24% to 0.56 in 2021, then declined by 24.47% to 0.42 in 2022, then tumbled by 53.97% to 0.19 in 2023, then soared by 59.35% to 0.31 in 2024.
- Business Quant data shows SSGC's Debt Ratio at 0.31 in Q3 2024, 0.19 in Q3 2023, and 0.18 in Q2 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 0.05 |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | 0.47 |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | - |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 0.00 |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 0.05 |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 0.20 |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 0.21 |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 0.05 |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 0.16 |
| 10 | SafeSpace Global | 18.99 Mn | 18.99 Mn | -28,013.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 31, 2024 | 0.31 |
| Jul 31, 2023 | 0.19 |
| Apr 30, 2023 | 0.18 |
| Jan 31, 2023 | 0.34 |
| Oct 31, 2022 | 0.42 |
| Jul 31, 2022 | 0.45 |
| Apr 30, 2022 | 0.47 |
| Jan 31, 2022 | 0.52 |
| Oct 31, 2021 | 0.56 |
| Jul 31, 2021 | 0.66 |
| Apr 30, 2021 | 1.00 |
| Jan 31, 2021 | 2.34 |
| Oct 31, 2020 | 3.53 |
| Jul 31, 2020 | 3.85 |
| Apr 30, 2020 | 17.64 |
| Jan 31, 2020 | 0.32 |
| Oct 31, 2019 | 44.37 |
| Jul 31, 2019 | 39.37 |
| Apr 30, 2019 | 33.97 |
| Jan 31, 2019 | 23.45 |