Definity Financial Corp (DFY.TO)
54.26
+0.10
(+0.18%)
CAD |
TSX |
Nov 06, 16:00
54.26
0.00 (0.00%)
After-Hours: 16:00
Definity Financial Debt to Equity Ratio: 0.038 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.038 |
| March 31, 2024 | 0.0391 |
| December 31, 2023 | 0.0401 |
| September 30, 2023 | 0.0434 |
| June 30, 2023 | 0.0424 |
| March 31, 2023 | 0.0144 |
| Date | Value |
|---|---|
| December 31, 2022 | 0.0153 |
| September 30, 2022 | 0.00 |
| June 30, 2022 | 0.00 |
| March 31, 2022 | 0.00 |
| December 31, 2021 | 0.00 |
| September 30, 2021 | 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
--
Minimum
Sep 2021
0.0434
Maximum
Sep 2023
0.0194
Average
0.0148
Median
Debt to Equity Ratio Benchmarks
| Intact Financial Corp | 0.2877 |
| Sol Strategies Inc | -- |
| Armada Mercantile Ltd | -- |
| New Frontier Ventures Inc | -- |
| Pegasus Mercantile Inc | -0.0511 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 7.260B |
| Total Liabilities (Quarterly) | 4.089B |
| Shareholders Equity (Quarterly) | 3.007B |
| Current Ratio | 7.288 |
| Net Debt Paydown Yield | -0.29% |