UMeWorld (UMEW) Debt Ratio (2012 - 2021)

UMeWorld's (UMEW) quarterly Debt Ratio came in at 0.5 in Q3 2021, down 92.51% year-on-year from 6.64 in Q3 2020, and down 92.51% quarter-over-quarter from 6.64 in Q3 2020.

UMeWorld (UMEW) Debt Ratio (2012 - 2021) Analysis & Trends

UMeWorld has disclosed Debt Ratio across 7 years of filings, most recently posting 0.5 for Q3 2021.

  • Debt Ratio for Q3 2021 came in at 0.5, down 92.51% year-over-year; the trailing twelve-month figure through Sep 2021 was 0.5 (down 92.51% YoY), and the FY2021 annual result was 0.5, down 92.51% from the prior year.
  • Debt Ratio came in at 0.5 for Q3 2021 at UMeWorld, down from 6.64 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 39.54 in Q3 2017 to a low of 0.5 in Q3 2021.
  • The 5-year median for Debt Ratio is 6.64 (2020), against an average of 11.78.
  • Across the five-year window, Debt Ratio jumped 322.87% in 2017 and tumbled 93.04% in 2018, its largest moves.
  • UMeWorld's Debt Ratio stood at 39.54 in 2017, then sank by 93.04% to 2.75 in 2018, then surged by 245.0% to 9.49 in 2019, then slumped by 30.06% to 6.64 in 2020, then plunged by 92.51% to 0.5 in 2021.
  • The last three Debt Ratio figures came in at 0.5 (Q3 2021), 6.64 (Q3 2020), and 9.49 (Q3 2019), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Paranovus Entertainment Technology 75,216.52 Bn 75,216.52 Bn - -
2 Kraft Heinz 26.76 Bn 22.68 Bn 2.22 Bn 0.26
3 General Mills 17.79 Bn 17.02 Bn 1.37 Bn 0.37
4 Jbs 13.93 Bn 9.37 Bn 2.32 Bn 0.45
5 Hormel Foods 13.00 Bn 12.16 Bn 518.51 Mn 0.21
6 Mccormick 12.70 Bn 13.10 Bn 708.90 Mn 0.30
7 Magnum Ice Cream 12.17 Bn 11.70 Bn - 0.44
8 J M Smucker 11.05 Bn 10.99 Bn 827.80 Mn 0.45
9 Smithfield Foods 10.57 Bn 9.49 Bn 511.00 Mn 0.17
10 UMeWorld - - 4,542.00 -

Historic Data

Download Data
DateValue
Sep 30, 2021 0.50
Sep 30, 2020 6.64
Sep 30, 2019 9.49
Sep 30, 2018 2.75
Sep 30, 2017 39.54
Sep 30, 2016 9.35
Dec 31, 2012 0.04
Sep 30, 2012 0.05