UMeWorld (UMEW) Debt to Equity (2012 - 2022)

UMeWorld's (UMEW) quarterly Debt to Equity came in at -$0.59 in Q3 2022, down 337.57% year-on-year from $0.25 in Q3 2021, and down 337.57% quarter-over-quarter from -$0.14 in Q3 2021.

UMeWorld (UMEW) Debt to Equity (2012 - 2022) Analysis & Trends

UMeWorld has disclosed Debt to Equity across 8 years of filings, most recently posting -$0.59 for Q3 2022.

  • Debt to Equity for Q3 2022 came in at -$0.59, down 337.57% year-over-year; the trailing twelve-month figure through Sep 2022 was -$0.59 (down 337.57% YoY), and the FY2022 annual result was -$0.59, down 337.57% from the prior year.
  • Debt to Equity came in at -$0.59 for Q3 2022 at UMeWorld, down from -$0.14 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of -$0.14 in Q3 2021 to a low of -$0.59 in Q3 2022.
  • The 5-year median for Debt to Equity is -$0.32 (2020), against an average of -$0.34.
  • Across the five-year window, Debt to Equity jumped 58.24% in 2021 and plunged 337.57% in 2022, its largest moves.
  • UMeWorld's Debt to Equity stood at -$0.25 in 2018, then slumped by 52.25% to -$0.38 in 2019, then grew by 14.18% to -$0.32 in 2020, then surged by 58.24% to -$0.14 in 2021, then sank by 337.57% to -$0.59 in 2022.
  • The last three Debt to Equity figures came in at -$0.59 (Q3 2022), -$0.14 (Q3 2021), and -$0.32 (Q3 2020), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (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 0.50
3 General Mills 17.79 Bn 17.02 Bn 1.37 Bn 1.27
4 Jbs 13.93 Bn 9.37 Bn 2.32 Bn 2.49
5 Hormel Foods 13.00 Bn 12.16 Bn 518.51 Mn 0.36
6 Mccormick 12.70 Bn 13.10 Bn 708.90 Mn 0.65
7 Magnum Ice Cream 12.17 Bn 11.70 Bn - 5.30
8 J M Smucker 11.05 Bn 10.99 Bn 827.80 Mn 1.40
9 Smithfield Foods 10.57 Bn 9.49 Bn 511.00 Mn 0.29
10 UMeWorld - - 4,542.00 -

Historic Data

Download Data
DateValue
Sep 30, 2022 -0.59
Sep 30, 2021 -0.14
Sep 30, 2020 -0.32
Sep 30, 2019 -0.38
Sep 30, 2018 -0.25
Sep 30, 2017 -0.31
Sep 30, 2016 -0.31
Dec 31, 2012 0.05
Sep 30, 2012 0.05