Yellow Freight shareholder equity is a negative value.
"What does a negative D/E ratio signal?
If a company has a negative D/E ratio, this means that it has negative shareholder equity. In other words, the company’s liabilities exceed its assets. In most cases, this would be considered a sign of high risk and an incentive to seek bankruptcy protection."
"What does a negative D/E ratio signal?
If a company has a negative D/E ratio, this means that it has negative shareholder equity. In other words, the company’s liabilities exceed its assets. In most cases, this would be considered a sign of high risk and an incentive to seek bankruptcy protection."
Debt-to-Equity (D/E) Ratio Formula and How to Interpret It
The debt-to-equity (D/E) ratio indicates how much debt a company is using to finance its assets relative to the value of shareholders’ equity.
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