Debt-to-equity of Forza X1, Inc. from 31 Mar 2023 to 30 Sep 2024

Taxonomy & unit
ratio: %
Description
Debt-to-equity (D/E) ratio is used to evaluate a company's financial leverage and is calculated by dividing a company's total liabilities by its shareholder equity.
Summary
Forza X1, Inc. quarterly Debt-to-equity in % history and change rate from 31 Mar 2023 to 30 Sep 2024.
  • Forza X1, Inc. Debt-to-equity for the quarter ending 30 Sep 2024 was 4%, a 40% increase year-over-year.
Debt-to-equity, Quarterly (%)
Debt-to-equity, YoY Quarterly Change (%)

Forza X1, Inc. Quarterly Debt-to-equity (%)

Period Value YoY Chg Change % Date
Q3 2024 4% +1% +40% 30 Sep 2024
Q2 2024 4% +1% +36% 30 Jun 2024
Q1 2024 3% 0% +15% 31 Mar 2024
Q4 2023 3% 31 Dec 2023
Q3 2023 3% 30 Sep 2023
Q2 2023 3% 30 Jun 2023
Q1 2023 3% 31 Mar 2023
* An asterisk sign (*) next to the value indicates that the value is likely invalid.