Post by
Here4thekeks on Oct 06, 2022 6:30pm
Debt is due payment in November
Debt to Equity Ratio DE: 66.87 (FOR EVERY $1 Chalice owns, Chalice OWES $66.87 in DEBT)
A good debt to equity ratio is around 1 to 1.5.
a high D/E ratio is considered a higher risk to lenders and investors because it suggests that the company is financing a significant amount of its potential growth through borrowing.