Debt to Equity is calculated as Total Debt / Common Shareholders Equity.
How to use the ratio
Available as a screening ratio: Yes
Available as an output column ratio: Yes (Look for it under the Quality heading)
How to select companies with low Debt to Equity
To find companies with the lowest Debt to Equity ratio (low debt companies) set the slider from 0% to 10%.
All ratios are calculated on a trailing 12 months (TTM) basis.
This means the last twelve months (not the company’s financial year) is compared to the same period in the past.
We do this to make sure that the screener data includes the latest, most up to date, financial results of the company.