Greenfire Resources Ltd (GFR)
6.09
+0.29
(+5.00%)
USD |
NYSE |
Apr 26, 16:00
5.77
-0.32
(-5.25%)
After-Hours: 20:00
Greenfire Resources Debt to Equity Ratio: 0.5415 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.5415 |
| September 30, 2023 | 0.5472 |
| Date | Value |
|---|---|
| December 31, 2022 | 0.3037 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.3037
Minimum
Dec 2022
0.5472
Maximum
Sep 2023
0.4641
Average
0.5415
Median
Dec 2023
Debt to Equity Ratio Benchmarks
| FEC Resources Inc | -- |
| Sunshine Oilsands Ltd | 3.784 |
| Zenith Energy Ltd | 0.4777 |
| Evolution Petroleum Corp | 0.00 |
| Houston American Energy Corp | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 884.58M |
| Total Liabilities (Quarterly) | 360.68M |
| Shareholders Equity (Quarterly) | 523.90M |
| Current Ratio | 1.257 |
| Net Debt Paydown Yield | -9.54% |