Passat annual debt-to-equity ratio
2020
2021
2022
2023
2024
Passat Debt-to-Equity Ratio Growth & History (PSAT)
Passat's debt-to-equity ratio was 0.21 for fiscal 2024.
View full Passat company overviewPassat annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | 0.21 | 0.03 | +16.29% |
| 2023 | 2023-12-31 | 0.18 | 0.05 | +39.40% |
| 2022 | 2022-12-31 | 0.13 | 0.11 | +488.77% |
| 2021 | 2021-12-31 | 0.02 | −0.01 | −30.49% |
| 2020 | 2020-12-31 | 0.03 | — | — |
Passat debt-to-equity ratio trends
Between the periods ended 2020-12-31 and 2024-12-31, Passat's debt-to-equity ratio increased from 0.03 to 0.21, a change of 0.18.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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