Smith-Midland CorporationSMIDNASDAQ
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Debt to Assets Over Time
Trending lower, below historical average, slight contraction.
Left:
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Debt-to-assets ratio
Latest
0.08
↓ 36% below average
Average (9y)
0.12
Historical baseline
Range
High:0.17
Low:0.08
CAGR
-6.0%
Structural decline
| Period | Value | Change |
|---|---|---|
| 2024 | 0.08 | -18.6% |
| 2023 | 0.09 | -21.0% |
| 2022 | 0.12 | +45.8% |
| 2021 | 0.08 | -52.1% |
| 2020 | 0.17 | +41.1% |
| 2019 | 0.12 | +11.0% |
| 2018 | 0.11 | -10.0% |
| 2017 | 0.12 | -26.1% |
| 2016 | 0.16 | +22.7% |
| 2015 | 0.13 | - |