Newater Technology, Inc. Debt to Equity Ratio 2021-2020 | NEWA
Current and historical debt to equity ratio values for Newater Technology, Inc. (NEWA) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Newater Technology, Inc. debt/equity for the three months ending June 30, 2020 was .
| Debt/Equity Ratio Historical Data | |||
|---|---|---|---|
| Date | Long Term Debt | Shareholder's Equity | Debt to Equity Ratio |
| 2020-06-30 | $0.06B | $0.03B | 1.90 |
