Akita Drilling Ltd (AKT.A.TO)
1.47
0.00 (0.00%)
CAD |
TSX |
May 03, 16:00
Akita Drilling Debt to Equity Ratio: 0.4459 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.4459 |
| September 30, 2023 | 0.5024 |
| June 30, 2023 | 0.5206 |
| March 31, 2023 | 0.6187 |
| December 31, 2022 | 0.6784 |
| September 30, 2022 | 0.736 |
| June 30, 2022 | 0.7601 |
| March 31, 2022 | 0.7359 |
| December 31, 2021 | 0.6553 |
| September 30, 2021 | 0.548 |
| June 30, 2021 | 0.5234 |
| March 31, 2021 | 0.5337 |
| December 31, 2020 | 0.488 |
| September 30, 2020 | 0.4116 |
| June 30, 2020 | 0.422 |
| March 31, 2020 | 0.4463 |
| December 31, 2019 | 0.3427 |
| September 30, 2019 | 0.3248 |
| June 30, 2019 | 0.3261 |
| March 31, 2019 | 0.3403 |
| December 31, 2018 | 0.3052 |
| September 30, 2018 | 0.2664 |
| June 30, 2018 | 0.00 |
| March 31, 2018 | 0.038 |
| December 31, 2017 | 0.00 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.00 |
| June 30, 2017 | 0.00 |
| March 31, 2017 | 0.00 |
| December 31, 2016 | 0.00 |
| September 30, 2016 | 0.00 |
| June 30, 2016 | 0.00 |
| March 31, 2016 | 0.00 |
| December 31, 2015 | 0.00 |
| September 30, 2015 | 0.00 |
| June 30, 2015 | 0.0096 |
| March 31, 2015 | 0.0754 |
| December 31, 2014 | 0.077 |
| September 30, 2014 | 0.00 |
| June 30, 2014 | 0.00 |
| March 31, 2014 | 0.00 |
| December 31, 2013 | 0.00 |
| September 30, 2013 | 0.00 |
| June 30, 2013 | 0.00 |
| March 31, 2013 | 0.00 |
| December 31, 2012 | 0.00 |
| September 30, 2012 | 0.00 |
| June 30, 2012 | 0.00 |
| March 31, 2012 | 0.00 |
| December 31, 2011 | 0.00 |
| September 30, 2011 | 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
0.3248
Minimum
Sep 2019
0.7601
Maximum
Jun 2022
0.5274
Average
0.5206
Median
Jun 2023
Debt to Equity Ratio Benchmarks
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 263.64M |
| Total Liabilities (Quarterly) | 107.68M |
| Shareholders Equity (Quarterly) | 155.96M |
| Current Ratio | 1.849 |
| Net Debt Paydown Yield | 9.15% |