Global Water Resources Inc (GWRS)
12.64
-0.03
(-0.20%)
USD |
NASDAQ |
May 02, 15:04
Global Water Resources Debt to Equity Ratio: 2.212 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 2.212 |
| September 30, 2023 | 2.183 |
| June 30, 2023 | 2.372 |
| March 31, 2023 | 2.474 |
| December 31, 2022 | 2.450 |
| September 30, 2022 | 2.458 |
| June 30, 2022 | 3.706 |
| March 31, 2022 | 3.798 |
| December 31, 2021 | 3.749 |
| September 30, 2021 | 3.702 |
| June 30, 2021 | 3.697 |
| March 31, 2021 | 3.741 |
| December 31, 2020 | 3.556 |
| September 30, 2020 | 3.384 |
| June 30, 2020 | 3.361 |
| March 31, 2020 | 3.266 |
| December 31, 2019 | 4.638 |
| September 30, 2019 | 4.34 |
| June 30, 2019 | 4.275 |
| Date | Value |
|---|---|
| March 31, 2019 | 4.229 |
| December 31, 2018 | 4.105 |
| September 30, 2018 | 3.886 |
| June 30, 2018 | 7.338 |
| March 31, 2018 | 8.236 |
| December 31, 2017 | 7.697 |
| September 30, 2017 | 8.544 |
| June 30, 2017 | 8.622 |
| March 31, 2017 | 8.027 |
| December 31, 2016 | 7.623 |
| September 30, 2016 | 7.192 |
| June 30, 2016 | 7.235 |
| March 31, 2016 | 5.798 |
| December 31, 2015 | 5.190 |
| September 30, 2015 | 4.948 |
| June 30, 2015 | |
| March 31, 2015 | |
| December 31, 2014 | 4.690 |
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
2.183
Minimum
Sep 2023
4.638
Maximum
Dec 2019
3.335
Average
3.556
Median
Dec 2020
Debt to Equity Ratio Benchmarks
| American Water Works Co Inc | 1.262 |
| American States Water Co | 1.172 |
| Artesian Resources Corp | 0.7837 |
| Cadiz Inc | 0.9481 |
| Middlesex Water Co | 0.9613 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 361.10M |
| Total Liabilities (Quarterly) | 312.48M |
| Shareholders Equity (Quarterly) | 48.62M |
| Current Ratio | 0.8246 |
| Net Debt Paydown Yield | 0.20% |