Wytec International (WYTC) Debt to Equity (2020 - 2023)
Wytec International (WYTC) recorded quarterly Debt to Equity of -$0.34 in Q3 2023, down 120.82% quarter-over-quarter from -$0.15 in Q2 2023, and down 32.22% on a YoY basis from -$0.5 in Q3 2022.
Wytec International (WYTC) Debt to Equity (2020 - 2023) Analysis & Trends
Wytec International's Debt to Equity history runs 4 years deep, the most recent figure standing at -$0.34 for Q3 2023.
- In Q3 2023, Debt to Equity fell 32.22% year-over-year to -$0.34; the TTM figure through Sep 2023 stood at -$0.34 (down 32.22% YoY), while the FY2022 annual figure was -$0.01, up 97.95% from the prior year.
- Debt to Equity was -$0.34 for Q3 2023 at Wytec International, down from -$0.15 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of -$0.01 in Q4 2022 to a low of -$0.72 in Q1 2020.
- Historically, Debt to Equity has averaged -$0.34 across 4 years, with a median of -$0.34 in 2023.
- The sharpest annual moves came in 2021 and 2022: Debt to Equity plunged 175.24% in 2021, then surged 97.95% in 2022.
- A 4-year view of Debt to Equity shows it stood at -$0.67 in 2020, then soared by 46.3% to -$0.36 in 2021, then soared by 97.95% to -$0.01 in 2022, then tumbled by 4504.59% to -$0.34 in 2023.
- The last three Debt to Equity figures came in at -$0.34 (Q3 2023), -$0.15 (Q2 2023), and -$0.13 (Q1 2023), per Business Quant data.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | -0.34 |
| Jun 30, 2023 | -0.15 |
| Mar 31, 2023 | -0.13 |
| Dec 31, 2022 | -0.01 |
| Sep 30, 2022 | -0.26 |
| Jun 30, 2022 | -0.25 |
| Mar 31, 2022 | -0.31 |
| Dec 31, 2021 | -0.36 |
| Sep 30, 2021 | -0.36 |
| Jun 30, 2021 | -0.41 |
| Mar 31, 2021 | -0.48 |
| Dec 31, 2020 | -0.67 |
| Sep 30, 2020 | -0.52 |
| Jun 30, 2020 | -0.15 |
| Mar 31, 2020 | -0.72 |