Akita Drilling Ltd. (AKT.TO)
3.84
-0.18
(-4.48%)
CAD |
TSX |
Aug 28, 16:00
Akita Drilling Debt to Equity Ratio : 0.1526 for June 30, 2026
Debt to Equity Ratio Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2026 | 0.1526 |
| March 31, 2026 | |
| December 31, 2025 | |
| September 30, 2025 | |
| June 30, 2025 | |
| March 31, 2025 | 0.2989 |
| December 31, 2024 | 0.3012 |
| September 30, 2024 | 0.3577 |
| June 30, 2024 | 0.3394 |
| March 31, 2024 | 0.4424 |
| December 31, 2023 | 0.4515 |
| September 30, 2023 | 0.511 |
| June 30, 2023 | 0.5317 |
| March 31, 2023 | 0.6323 |
| December 31, 2022 | 0.6914 |
| September 30, 2022 | 0.7515 |
| June 30, 2022 | 0.776 |
| March 31, 2022 | 0.7521 |
| December 31, 2021 | 0.6729 |
| September 30, 2021 | 0.5679 |
| June 30, 2021 | 0.5434 |
| March 31, 2021 | 0.5531 |
| December 31, 2020 | 0.5075 |
| September 30, 2020 | 0.4295 |
| June 30, 2020 | 0.4409 |
| Date | Value |
|---|---|
| March 31, 2020 | 0.465 |
| December 31, 2019 | 0.3585 |
| September 30, 2019 | 0.3423 |
| June 30, 2019 | 0.3409 |
| March 31, 2019 | 0.3536 |
| December 31, 2018 | 0.3073 |
| September 30, 2018 | 0.2685 |
| June 30, 2018 | 0.00 |
| March 31, 2018 | 0.038 |
| December 31, 2017 | 0.00 |
| 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 |
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
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Minimum
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Maximum
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Average
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Median
Debt to Equity Ratio Benchmarks
| Ensign Energy Services, Inc. | 0.7388 |
| Trican Well Service Ltd. | 0.0324 |
| ACT Energy Technologies Ltd. | 0.6267 |
| Precision Drilling Corp. | 0.4354 |
| Western Energy Services Corp. | 0.3001 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 328.82M |
| Total Liabilities (Quarterly) | 89.36M |
| Shareholders Equity (Quarterly) | 239.46M |
| Current Ratio | 1.818 |
| Net Debt Paydown Yield | 1.55% |