Aerovate Therapeutics Inc Short-Term Debt to Equity Ratio is 0.00 for the quarter ending March 31, 2024, a 48.43% change year over year. The short-term debt to equity ratio measures the proportion of short-term debt to shareholders' equity. It is calculated by dividing the short-term debt by the shareholders' equity. This ratio indicates the level of short-term debt relative to the equity invested by shareholders. A higher ratio suggests a higher dependency on short-term debt financing compared to equity financing.