Aris Water Solutions Inc (ARIS)
27.23
+0.20
(+0.74%)
USD |
NYSE |
Nov 26, 16:00
28.36
+1.13
(+4.15%)
Pre-Market: 20:00
Aris Water Solutions Debt to Equity Ratio: 1.320 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 1.320 |
| June 30, 2024 | 1.322 |
| March 31, 2024 | 1.273 |
| December 31, 2023 | 1.302 |
| September 30, 2023 | 1.345 |
| June 30, 2023 | 1.343 |
| March 31, 2023 | 1.395 |
| December 31, 2022 | 1.386 |
| Date | Value |
|---|---|
| September 30, 2022 | 1.424 |
| June 30, 2022 | 1.846 |
| March 31, 2022 | 1.856 |
| December 31, 2021 | 1.842 |
| September 30, 2021 | 0.631 |
| June 30, 2021 | 0.6099 |
| March 31, 2021 | |
| December 31, 2020 | 0.4193 |
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
0.4193
Minimum
Dec 2020
1.856
Maximum
Mar 2022
1.288
Average
1.343
Median
Jun 2023
Debt to Equity Ratio Benchmarks
| Artesian Resources Corp | 0.7685 |
| Cadiz Inc | 2.698 |
| Middlesex Water Co | 0.8506 |
| Pure Cycle Corp | 0.0531 |
| SJW Group | 1.331 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.405B |
| Total Liabilities (Quarterly) | 677.90M |
| Shareholders Equity (Quarterly) | 342.70M |
| Current Ratio | 1.72 |
| Net Debt Paydown Yield | -1.10% |