The debt/equity ratio shows how much a company has borrowed for every dollar its shareholders have put in. It is long-term debt, both the part due within a year and the rest, divided by shareholder equity, shown as a multiple with both amounts in the table. A higher ratio means the company relies more on borrowed money than on shareholder capital. Because equity shrinks through buybacks or losses, the ratio can rise even when debt is unchanged, and it has no meaning when equity is negative. Quarterly points use quarter-end balances; annual points use fiscal-year-end balances.
Lifevantage Corp debt/equity ratio for the quarter ending 2019-06-30 was 0.05, a 78.32% decline year-over-year.
Lifevantage Corp debt/equity ratio for the quarter ending 2019-03-31 was 0.08, a 74.64% decline year-over-year.
Lifevantage Corp debt/equity ratio for the quarter ending 2018-12-31 was 0.21, a 46.16% decline year-over-year.
Lifevantage Corp debt/equity ratio for the quarter ending 2018-09-30 was 0.21, a 52.53% decline year-over-year.
Lifevantage Corp debt/equity ratio for fiscal 2019 was 0.05, a 78.32% decline from fiscal 2018.
Lifevantage Corp debt/equity ratio for fiscal 2018 was 0.25, a 51.85% decline from fiscal 2017.
Lifevantage Corp debt/equity ratio for fiscal 2017 was 0.51, a 42.04% decline from fiscal 2016.
Lifevantage Corp debt/equity ratio for fiscal 2016 was 0.88, a 91.89% decline from fiscal 2015.