Zedge (ZDGE) Debt Ratio (2019 - 2023)

Zedge (ZDGE) has 9 years of Debt Ratio data on file, last reported at 0.04 in Q4 2023.

• Quarterly Debt Ratio rose 17.07% year-over-year to 0.04 in Q4 2023, while the trailing twelve-month figure through Oct 2023 was 0.04 (up 17.07% YoY) and the FY2023 annual result came in at 0.04, up 96.72% from the prior year.
• Debt Ratio retreated to 0.04 in Q4 2023, from 0.04 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 0.08 in Q2 2022 to a low of 0.01 in Q1 2020.
• A 5-year average of 0.03 and a median of 0.03 in 2020 frame the typical range for Debt Ratio.
• Annual changes were most pronounced in 2019 — Debt Ratio soared 18267.41% — and 2021, when it slumped 66.8%.
• Tracing ZDGE's Debt Ratio over 5 years: stood at 0.01 in 2019, then soared by 115.1% to 0.03 in 2020, then jumped by 84.88% to 0.05 in 2021, then declined by 27.25% to 0.04 in 2022, then grew by 17.07% to 0.04 in 2023.
• The last three Debt Ratio figures came in at 0.04 (Q4 2023), 0.04 (Q3 2023), and 0.04 (Q2 2023), per Business Quant data.