Find below the list of companies with increasing debt equity ratio consistently in last 5 years:
What us Negative Debt Equity Ratio?
A negative debt-to-equity ratio occurs when a company has negative equity.
If the book value of its shareholders’ capital erodes by losses/negative profits . Thus, the company is unable to earn profits & it may be unable to pay back its debt.
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References: Annual Reports, Corporate Announcements.
Disclaimer: The report only represents personal opinions and views of the author. No part of the report should be considered as recommendation for buying/selling any stock. Thus, the report & references mentioned are only for the information of the readers about the industry stated.