Turbo Energy (TURB) Debt Ratio (2022 - 2024)

Turbo Energy's Debt Ratio history spans 3 years, with the latest figure at 0.35 for Q4 2024.

  • For Q4 2024, Debt Ratio rose 35.06% year-over-year to 0.35; the TTM value through Dec 2024 reached 0.35, up 35.06%, while the annual FY2024 figure was 0.35, 35.06% up from the prior year.
  • Debt Ratio reached 0.35 in Q4 2024 per TURB's latest filing, up from 0.26 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.53 in Q4 2022 to a low of 0.26 in Q4 2023.
  • Average Debt Ratio over 3 years is 0.38, with a median of 0.35 recorded in 2024.
  • Peak YoY movement for Debt Ratio: plummeted 51.34% in 2023, then surged 35.06% in 2024.
  • A 3-year view of Debt Ratio shows it stood at 0.53 in 2022, then tumbled by 51.34% to 0.26 in 2023, then soared by 35.06% to 0.35 in 2024.
  • Per Business Quant, the three most recent readings for TURB's Debt Ratio are 0.35 (Q4 2024), 0.26 (Q4 2023), and 0.53 (Q4 2022).