Tantech Holdings (TANH) Debt Ratio (2017 - 2022)

Tantech Holdings (TANH) has disclosed Debt Ratio for 7 consecutive years, with 0.01 as the latest value for Q4 2022.

  • Quarterly Debt Ratio fell 43.13% to 0.01 in Q4 2022 from the year-ago period, while the trailing twelve-month figure was 0.01 through Dec 2022, down 43.13% year-over-year, with the annual reading at 0.01 for FY2022, 43.13% down from the prior year.
  • Debt Ratio for Q4 2022 was 0.01 at Tantech Holdings, down from 0.01 in the prior quarter.
  • The five-year high for Debt Ratio was 0.08 in Q4 2019, with the low at 0.01 in Q4 2022.
  • Average Debt Ratio over 5 years is 0.03, with a median of 0.02 recorded in 2018.
  • The sharpest move saw Debt Ratio skyrocketed 388.65% in 2019, then plummeted 77.32% in 2020.
  • Over 5 years, Debt Ratio stood at 0.02 in 2018, then surged by 388.65% to 0.08 in 2019, then tumbled by 77.32% to 0.02 in 2020, then fell by 20.9% to 0.01 in 2021, then plummeted by 43.13% to 0.01 in 2022.
  • According to Business Quant data, Debt Ratio over the past three periods came in at 0.01, 0.01, and 0.02 for Q4 2022, Q4 2021, and Q4 2020 respectively.