Forza X1, Inc. Quarterly Debt-to-equity in % from Q1 2023 to Q3 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 history and growth rate from Q1 2023 to Q3 2024.
Forza X1, Inc. Debt-to-equity for the quarter ending September 30, 2024 was 3.83 %, a 39.7% increase year-over-year.

Debt-to-equity, Quarterly (%)

Debt-to-equity, YoY Quarterly Growth (%)

Period	Value	YoY Chg	Change %	Date
Q3 2024	3.83	+1.09	+39.7%	Sep 30, 2024
Q2 2024	3.68	+0.98	+36.4%	Jun 30, 2024
Q1 2024	3.14	+0.4	+14.6%	Mar 31, 2024
Q4 2023	3.25			Dec 31, 2023
Q3 2023	2.74			Sep 30, 2023
Q2 2023	2.69			Jun 30, 2023
Q1 2023	2.73			Mar 31, 2023

* An asterisk sign (*) next to the value indicates that the value is likely invalid.