Algoma Central Corp (ALC.TO)
14.49
+0.04
(+0.28%)
CAD |
TSX |
May 17, 16:00
Algoma Central Debt to Equity Ratio: 0.5601 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 0.5601 |
| December 31, 2023 | 0.4844 |
| September 30, 2023 | 0.5048 |
| June 30, 2023 | 0.5621 |
| March 31, 2023 | 0.5754 |
| December 31, 2022 | 0.5542 |
| September 30, 2022 | 0.5643 |
| June 30, 2022 | 0.5921 |
| March 31, 2022 | 0.6288 |
| December 31, 2021 | 0.6117 |
| September 30, 2021 | 0.6882 |
| June 30, 2021 | 0.786 |
| March 31, 2021 | 0.8255 |
| December 31, 2020 | 0.6968 |
| September 30, 2020 | 0.5408 |
| June 30, 2020 | 0.5666 |
| March 31, 2020 | 0.5815 |
| December 31, 2019 | 0.507 |
| September 30, 2019 | 0.5884 |
| June 30, 2019 | 0.642 |
| March 31, 2019 | 0.4072 |
| December 31, 2018 | 0.3681 |
| September 30, 2018 | 0.4263 |
| June 30, 2018 | 0.4658 |
| March 31, 2018 | 0.5422 |
| Date | Value |
|---|---|
| December 31, 2017 | 0.4404 |
| September 30, 2017 | 0.4181 |
| June 30, 2017 | 0.5351 |
| March 31, 2017 | 0.4113 |
| December 31, 2016 | 0.375 |
| September 30, 2016 | 0.3795 |
| June 30, 2016 | 0.4053 |
| March 31, 2016 | 0.515 |
| December 31, 2015 | 0.3944 |
| September 30, 2015 | 0.3877 |
| June 30, 2015 | 0.385 |
| March 31, 2015 | 0.3913 |
| December 31, 2014 | 0.3686 |
| September 30, 2014 | 0.3861 |
| June 30, 2014 | 0.3958 |
| March 31, 2014 | 0.4226 |
| December 31, 2013 | 0.4048 |
| September 30, 2013 | 0.4243 |
| June 30, 2013 | 0.4519 |
| March 31, 2013 | 0.4763 |
| December 31, 2012 | 0.4529 |
| September 30, 2012 | 0.4839 |
| June 30, 2012 | 0.5115 |
| March 31, 2012 | 0.5325 |
| December 31, 2011 | 0.4949 |
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
0.4844
Minimum
Dec 2023
0.8255
Maximum
Mar 2021
0.603
Average
0.5785
Median
Debt to Equity Ratio Benchmarks
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.392B |
| Total Liabilities (Quarterly) | 617.63M |
| Shareholders Equity (Quarterly) | 774.12M |
| Current Ratio | 0.5853 |
| Net Debt Paydown Yield | -1.07% |