Growth Metrics

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

Wytec International's quarterly Debt Ratio came in at 2.59 in Q3 2023, up 62.49% year-on-year from 1.6 in Q3 2022, and up 27.75% quarter-over-quarter from 2.03 in Q2 2023.

Wytec International has reported Debt Ratio for 4 years, with the latest figure at 2.59 in Q3 2023.

  • For the quarter ending Q3 2023, Debt Ratio rose 62.49% year-over-year to 2.59; the trailing twelve-month figure through Sep 2023 stood at 2.59 (up 62.49% YoY), and the FY2022 full-year result was 0.08, down 94.6% from the prior year.
  • Debt Ratio for Q3 2023 stood at 2.59, up from 2.03 in the prior quarter.
  • The five-year high for Debt Ratio was 2.59 in Q3 2023, with the low at 0.08 in Q4 2022.
  • Average Debt Ratio over 4 years is 1.26, with a median of 1.22 recorded in 2021.
  • Year-over-year, Debt Ratio soared 545.12% in 2021 and sank 94.6% in 2022.
  • Tracing WYTC's Debt Ratio over 4 years: stood at 0.7 in 2020, then jumped by 111.94% to 1.49 in 2021, then slumped by 94.6% to 0.08 in 2022, then surged 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.

Historic Data

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DateValue
Sep 30, 2023 2.59
Jun 30, 2023 2.03
Mar 31, 2023 1.05
Dec 31, 2022 0.08
Sep 30, 2022 1.60
Jun 30, 2022 2.54
Mar 31, 2022 1.24
Dec 31, 2021 1.49
Sep 30, 2021 1.71
Jun 30, 2021 1.22
Mar 31, 2021 0.86
Dec 31, 2020 0.70
Sep 30, 2020 1.21
Jun 30, 2020 0.19
Mar 31, 2020 0.43