Summit Materials Inc (SUM)
39.24
+0.34
(+0.87%)
USD |
NYSE |
May 01, 16:00
41.19
+1.95
(+4.97%)
After-Hours: 20:00
Summit Materials Debt to Equity Ratio: 0.9915 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.9915 |
| September 30, 2023 | 0.6505 |
| June 30, 2023 | 0.7242 |
| March 31, 2023 | 0.7587 |
| December 31, 2022 | 0.7471 |
| September 30, 2022 | 0.7652 |
| June 30, 2022 | 0.7895 |
| March 31, 2022 | 0.9189 |
| December 31, 2021 | 0.8808 |
| September 30, 2021 | 0.9072 |
| June 30, 2021 | 1.126 |
| March 31, 2021 | 1.185 |
| December 31, 2020 | 1.188 |
| September 30, 2020 | 1.226 |
| June 30, 2020 | 1.285 |
| March 31, 2020 | 1.345 |
| December 31, 2019 | 1.302 |
| September 30, 2019 | 1.356 |
| June 30, 2019 | 1.420 |
| March 31, 2019 | 1.468 |
| December 31, 2018 | 1.366 |
| Date | Value |
|---|---|
| September 30, 2018 | 1.348 |
| June 30, 2018 | 1.432 |
| March 31, 2018 | 1.482 |
| December 31, 2017 | 1.443 |
| September 30, 2017 | 1.509 |
| June 30, 2017 | 1.65 |
| March 31, 2017 | 1.469 |
| December 31, 2016 | 1.806 |
| September 30, 2016 | 1.965 |
| June 30, 2016 | 2.254 |
| March 31, 2016 | 2.498 |
| December 31, 2015 | 2.038 |
| September 30, 2015 | 2.016 |
| June 30, 2015 | 1.845 |
| March 31, 2015 | 2.382 |
| December 31, 2014 | 3.672 |
| September 30, 2014 | 3.727 |
| June 30, 2014 | |
| March 31, 2014 | |
| December 31, 2013 | 2.412 |
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
0.6505
Minimum
Sep 2023
1.420
Maximum
Jun 2019
1.030
Average
0.9915
Median
Dec 2023
Debt to Equity Ratio Benchmarks
| Nucor Corp | 0.3311 |
| Reliance Inc | 0.1441 |
| Steel Dynamics Inc | 0.3349 |
| Eagle Materials Inc | 0.7745 |
| Paramount Gold Nevada Corp | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 5.150B |
| Total Liabilities (Quarterly) | 2.833B |
| Shareholders Equity (Quarterly) | 2.307B |
| Current Ratio | 5.363 |
| Net Debt Paydown Yield | -3.43% |