Sunhydrogen Debt-to-Assets Ratio Growth & History (HYSR)

Sunhydrogen's debt-to-assets ratio was 0.00 for fiscal 2024.

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Sunhydrogen annual debt-to-assets ratio history

Sunhydrogen annual debt-to-assets ratio

Fiscal yearPeriod endedDebt-to-assets ratioChangeGrowth
20242024-06-300.00−0.02−95.06%
20232023-06-300.020.02+316.36%
20222022-06-300.01−0.02−77.28%
20212021-06-300.02−1.46−98.48%
20202020-06-301.48−1.28−46.25%
20192019-06-302.76−6.27−69.44%
20182018-06-309.03−0.21−2.30%
20172017-06-309.24

Sunhydrogen debt-to-assets ratio trends

Over the last five fiscal years, Sunhydrogen's debt-to-assets ratio decreased from 2.76 to 0.00, a change of −2.76. The latest reported quarter, Q4 2023, shows 0.02.

About the metric

What the debt-to-assets ratio means

The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.

Calculation and source

How debt-to-assets is calculated

TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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