Synalloy Debt To Equity from 2010 to 2024

ACNT Stock  USD 11.62  0.25  2.11%   
Synalloy Debt To Equity yearly trend continues to be comparatively stable with very little volatility. Debt To Equity will likely drop to 0 in 2024. Debt To Equity is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. View All Fundamentals
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
0.00335164
Current Value
0.003184
Quarterly Volatility
0.26509083
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Synalloy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Synalloy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 4.5 M, Interest Expense of 4.4 M or Total Revenue of 167.4 M, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.029 or PTB Ratio of 1.65. Synalloy financial statements analysis is a perfect complement when working with Synalloy Valuation or Volatility modules.
  
Check out the analysis of Synalloy Correlation against competitors.
For more information on how to buy Synalloy Stock please use our How to Invest in Synalloy guide.

Latest Synalloy's Debt To Equity Growth Pattern

Below is the plot of the Debt To Equity of Synalloy over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Synalloy's Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Synalloy's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.77 %10 Years Trend
Very volatile
   Debt To Equity   
       Timeline  

Synalloy Debt To Equity Regression Statistics

Arithmetic Mean0.38
Geometric Mean0.20
Coefficient Of Variation69.87
Mean Deviation0.23
Median0.29
Standard Deviation0.27
Sample Variance0.07
Range0.7502
R-Value0.04
Mean Square Error0.08
R-Squared0
Significance0.88
Slope0
Total Sum of Squares0.98

Synalloy Debt To Equity History

2024 0.003184
2023 0.003352
2022 0.54
2021 0.63
2019 0.71
2018 0.75

About Synalloy Financial Statements

Synalloy shareholders use historical fundamental indicators, such as Debt To Equity, to determine how well the company is positioned to perform in the future. Although Synalloy investors may analyze each financial statement separately, they are all interrelated. The changes in Synalloy's assets and liabilities, for example, are also reflected in the revenues and expenses on on Synalloy's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Synalloy Stock Analysis

When running Synalloy's price analysis, check to measure Synalloy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Synalloy is operating at the current time. Most of Synalloy's value examination focuses on studying past and present price action to predict the probability of Synalloy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Synalloy's price. Additionally, you may evaluate how the addition of Synalloy to your portfolios can decrease your overall portfolio volatility.