Dna X Debt-to-Equity Ratio Growth & History (SONM)
Dna X's debt-to-equity ratio was 0.00 for fiscal 2023.
View full Dna X company overviewDna X annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-12-31 | 0.00 | −0.01 | −76.86% |
| 2022 | 2022-12-31 | 0.01 | −0.00 | −7.49% |
| 2021 | 2021-12-31 | 0.01 | −0.00 | −9.85% |
| 2020 | 2020-12-31 | 0.01 | −0.39 | −96.81% |
| 2019 | 2019-12-31 | 0.40 | −2.24 | −84.85% |
| 2018 | 2018-12-31 | 2.63 | — | — |
Dna X quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2023 | 2023-12-31 | 0.00 | −0.01 | −76.86% |
| Q3 2023 | 2023-09-30 | 0.01 | −0.01 | −63.81% |
| Q2 2023 | 2023-06-30 | 0.01 | −0.23 | −95.14% |
| Q1 2023 | 2023-03-31 | 0.02 | −0.16 | −89.97% |
| Q4 2022 | 2022-12-31 | 0.01 | −0.00 | −7.49% |
| Q3 2022 | 2022-09-30 | 0.02 | −0.00 | −5.44% |
| Q2 2022 | 2022-06-30 | 0.24 | 0.22 | +1000.14% |
| Q1 2022 | 2022-03-31 | 0.18 | 0.16 | +960.57% |
| Q4 2021 | 2021-12-31 | 0.01 | −0.00 | −9.85% |
| Q3 2021 | 2021-09-30 | 0.02 | 0.01 | +70.82% |
| Q2 2021 | 2021-06-30 | 0.02 | 0.01 | +89.50% |
| Q1 2021 | 2021-03-31 | 0.02 | −0.64 | −97.44% |
| Q4 2020 | 2020-12-31 | 0.01 | −0.39 | −96.81% |
| Q3 2020 | 2020-09-30 | 0.01 | −0.29 | −96.11% |
| Q2 2020 | 2020-06-30 | 0.01 | −0.32 | −96.49% |
| Q1 2020 | 2020-03-31 | 0.65 | −2.13 | −76.55% |
| Q4 2019 | 2019-12-31 | 0.40 | −2.24 | −84.85% |
| Q3 2019 | 2019-09-30 | 0.30 | — | — |
| Q2 2019 | 2019-06-30 | 0.33 | — | — |
| Q1 2019 | 2019-03-31 | 2.78 | — | — |
| Q4 2018 | 2018-12-31 | 2.63 | — | — |
Dna X debt-to-equity ratio trends
Over the last five fiscal years, Dna X's debt-to-equity ratio decreased from 2.63 to 0.00, a change of −2.63. The latest reported quarter, Q4 2023, shows 0.00.
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.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-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.
Review Dna X source filings ↗