Turo Inc (TURO)
Turo Debt to Equity Ratio: -0.004 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | -0.004 |
| June 30, 2023 | -0.004 |
| March 31, 2023 | -0.0041 |
| December 31, 2022 | -0.0045 |
| September 30, 2022 | -0.0041 |
| June 30, 2022 | -0.0032 |
| Date | Value |
|---|---|
| March 31, 2022 | 0.00 |
| December 31, 2021 | 0.00 |
| September 30, 2021 | 0.00 |
| June 30, 2021 | |
| March 31, 2021 | |
| December 31, 2020 | -0.0164 |
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
-0.0164
Minimum
Dec 2020
--
Maximum
Sep 2021
-0.004
Average
-0.004
Median
Jun 2023
Debt to Equity Ratio Benchmarks
| Avis Budget Group Inc | -47.82 |
| HyreCar Inc | -- |
| EVmo Inc | -15.13 |
| Carefree Group Inc | -- |
| EV Mobility Inc | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 778.89M |
| Total Liabilities (Quarterly) | 993.12M |
| Shareholders Equity (Quarterly) | -218.34M |
| Current Ratio | 1.070 |