Smith-Midland CorporationSMIDNASDAQ
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Debt to Equity Over Time
Trending lower, below historical average, slight contraction.
Left:
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Debt-to-equity ratio
Latest
0.12
↓ 42% below average
Average (9y)
0.22
Historical baseline
Range
High:0.34
Low:0.12
CAGR
-6.1%
Structural decline
| Period | Value | Change |
|---|---|---|
| 2024 | 0.12 | -26.2% |
| 2023 | 0.17 | -13.7% |
| 2022 | 0.20 | +42.8% |
| 2021 | 0.14 | -59.1% |
| 2020 | 0.34 | +29.5% |
| 2019 | 0.26 | +8.3% |
| 2018 | 0.24 | +16.4% |
| 2017 | 0.21 | -25.6% |
| 2016 | 0.28 | +25.2% |
| 2015 | 0.22 | - |