UMeWorld (UMEW) Debt Ratio (2012 - 2021)

UMeWorld (UMEW) reported Debt Ratio of 0.5 for Q3 2021, down 92.51% on a YoY basis from 6.64 in Q3 2020, and down 92.51% sequentially from 6.64 in Q3 2020.

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

UMeWorld (UMEW) has 10 years of Debt Ratio data on file, last reported at 0.5 in Q3 2021.

  • For the quarter ending Q3 2021, Debt Ratio fell 92.51% year-over-year to 0.5; the trailing twelve-month figure through Sep 2021 stood at 0.5 (down 92.51% YoY), and the FY2021 full-year result was 0.5, down 92.51% from the prior year.
  • Debt Ratio declined to 0.5 in Q3 2021, 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.
  • A 5-year average of 11.78 and a median of 6.64 in 2020 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio sank 93.04% in 2018 and jumped 245.0% in 2019, its largest moves.
  • Tracing UMEW's Debt Ratio over 5 years: stood at 39.54 in 2017, then slumped by 93.04% to 2.75 in 2018, then jumped by 245.0% to 9.49 in 2019, then tumbled by 30.06% to 6.64 in 2020, then sank by 92.51% to 0.5 in 2021.
  • Business Quant data shows UMEW's Debt Ratio at 0.5 in Q3 2021, 6.64 in Q3 2020, and 9.49 in Q3 2019.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Kraft Heinz 30.05 Bn 26.07 Bn 2.22 Bn 0.26
2 General Mills 19.11 Bn 18.67 Bn 1.60 Bn 0.45
3 Hormel Foods 13.78 Bn 12.93 Bn 518.51 Mn 0.21
4 Mccormick 13.51 Bn 13.76 Bn 778.20 Mn 0.22
5 Magnum Ice Cream 10.87 Bn 10.35 Bn - 0.44
6 Smithfield Foods 10.26 Bn 8.88 Bn 511.00 Mn 0.17
7 Darling Ingredients 10.06 Bn 10.02 Bn 404.92 Mn 0.39
8 Conagra Brands 6.88 Bn 6.66 Bn 704.10 Mn 0.42
9 Lamb Weston Holdings 6.84 Bn 6.78 Bn 361.40 Mn 0.53
10 UMeWorld 120.91 Mn 120.84 Mn 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 24.87
Sep 30, 2015 0.08
Sep 30, 2014 0.97
Sep 30, 2013 0.47
Dec 31, 2012 0.04
Sep 30, 2012 0.05