Aris Water Solutions Inc (ARIS)
14.06
-0.59
(-4.03%)
USD |
NYSE |
Apr 30, 16:00
14.06
0.00 (0.00%)
After-Hours: 19:52
Aris Water Solutions Debt to Equity Ratio: 1.302 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| 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 |
| September 30, 2022 | 1.424 |
| June 30, 2022 | 1.846 |
| Date | Value |
|---|---|
| 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
1.283
Average
1.365
Median
Debt to Equity Ratio Benchmarks
| Artesian Resources Corp | 0.7837 |
| Cadiz Inc | 0.9481 |
| Middlesex Water Co | 0.9613 |
| Pure Cycle Corp | 0.0573 |
| The York Water Co | 0.8139 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.340B |
| Total Liabilities (Quarterly) | 652.59M |
| Shareholders Equity (Quarterly) | 323.90M |
| Current Ratio | 1.123 |
| Net Debt Paydown Yield | -2.23% |