Topaz Energy Corp (TPZ.TO)
22.71
+0.20
(+0.89%)
CAD |
TSX |
May 17, 16:00
Topaz Energy Debt to Equity Ratio: 0.3043 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
Date | Value |
---|---|
March 31, 2024 | 0.3043 |
December 31, 2023 | 0.3149 |
September 30, 2023 | 0.3256 |
June 30, 2023 | 0.3043 |
March 31, 2023 | 0.3208 |
December 31, 2022 | 0.341 |
September 30, 2022 | 0.3484 |
June 30, 2022 | 0.1596 |
Date | Value |
---|---|
March 31, 2022 | 0.1867 |
December 31, 2021 | 0.209 |
September 30, 2021 | 0.2345 |
June 30, 2021 | 0.0867 |
March 31, 2021 | 0.00 |
December 31, 2020 | 0.00 |
September 30, 2020 | 0.0087 |
June 30, 2020 | 0.00 |
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
--
Minimum
Jun 2020
0.3484
Maximum
Sep 2022
0.1965
Average
0.2218
Median
Debt to Equity Ratio Benchmarks
TC Energy Corp | 2.145 |
Tidewater Midstream and Infrastructure Ltd | 1.626 |
Enbridge Inc | 1.363 |
Pembina Pipeline Corp | 0.7035 |
Gibson Energy Inc | 2.820 |
Debt to Equity Ratio Related Metrics
Total Assets (Quarterly) | 1.600B |
Total Liabilities (Quarterly) | 394.32M |
Shareholders Equity (Quarterly) | 1.206B |
Current Ratio | 2.474 |
Net Debt Paydown Yield | 0.60% |