Prodways Group annual debt-to-assets ratio
2020
2021
2022
2023
2024
Prodways Group Debt-to-Assets Ratio Growth & History (PWG)
Prodways Group's debt-to-assets ratio was 0.21 for fiscal 2024.
View full Prodways Group company overviewProdways Group annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | 0.21 | −0.04 | −15.55% |
| 2023 | 2023-12-31 | 0.25 | 0.04 | +21.50% |
| 2022 | 2022-12-31 | 0.20 | −0.00 | −1.15% |
| 2021 | 2021-12-31 | 0.20 | −0.01 | −6.48% |
| 2020 | 2020-12-31 | 0.22 | — | — |
Prodways Group debt-to-assets ratio trends
Between the periods ended 2020-12-31 and 2024-12-31, Prodways Group's debt-to-assets ratio decreased from 0.22 to 0.21, a change of −0.01.
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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