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Taxonomy & unit
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ratio: %
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Description
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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.
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Summary
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Ocean Biomedical, Inc. quarterly Debt-to-equity history and growth rate from 2022 to 2023.
- Ocean Biomedical, Inc. Debt-to-equity for the quarter ending September 30, 2023 was -103 %, a 121% decline year-over-year.
Debt-to-equity, Quarterly (% [USD])
Debt-to-equity, YoY Quarterly Growth (%)