Versus Systems annual debt-to-equity ratio
2019
2020
2021
2022
2023
Versus Systems Debt-to-Equity Ratio Growth & History (VS)
Versus Systems's debt-to-equity ratio was 0.01 for fiscal 2023.
View full Versus Systems company overviewVersus Systems annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-12-31 | 0.01 | −0.03 | −75.86% |
| 2022 | 2022-12-31 | 0.04 | 0.02 | +69.28% |
| 2021 | 2021-12-31 | 0.03 | −0.13 | −83.35% |
| 2020 | 2020-12-31 | 0.16 | −0.41 | −72.24% |
| 2019 | 2019-12-31 | 0.57 | — | — |
Versus Systems quarterly debt-to-equity ratio
Q4.21
Q2.22
Q3.22
Q4.22
Q1.23
Q4.23
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2023 | 2023-12-31 | 0.01 | −0.03 | −75.86% |
| Q1 2023 | 2023-03-31 | 0.01 | — | — |
| Q4 2022 | 2022-12-31 | 0.04 | 0.03 | +174.15% |
| Q3 2022 | 2022-09-30 | 0.01 | — | — |
| Q2 2022 | 2022-06-30 | 0.01 | — | — |
| Q4 2021 | 2021-12-31 | 0.02 | — | — |
Versus Systems debt-to-equity ratio trends
Between the periods ended 2019-12-31 and 2023-12-31, Versus Systems's debt-to-equity ratio decreased from 0.57 to 0.01, a change of −0.56. The latest reported quarter, Q4 2023, shows 0.01.
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 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.
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