Wytec International (WYTC) Debt Ratio (2020 - 2023)

Wytec International's Debt Ratio history runs 4 years deep, the most recent figure standing at 2.59 for Q3 2023.

• In Q3 2023, Debt Ratio rose 62.49% year-over-year to 2.59; the TTM figure through Sep 2023 stood at 2.59 (up 62.49% YoY), while the FY2022 annual figure was 0.08, down 94.6% from the prior year.
• Debt Ratio was 2.59 for Q3 2023 at Wytec International, up from 2.03 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 2.59 in Q3 2023 to a low of 0.08 in Q4 2022.
• Historically, Debt Ratio has averaged 1.26 across 4 years, with a median of 1.22 in 2021.
• The sharpest annual moves came in 2021 and 2022: Debt Ratio jumped 545.12% in 2021, then sank 94.6% in 2022.
• A 4-year view of Debt Ratio shows it stood at 0.7 in 2020, then soared by 111.94% to 1.49 in 2021, then tumbled by 94.6% to 0.08 in 2022, then jumped by 3119.89% to 2.59 in 2023.
• The last three Debt Ratio figures came in at 2.59 (Q3 2023), 2.03 (Q2 2023), and 1.05 (Q1 2023), per Business Quant data.