Definity Financial Corp (DFY.TO)
46.01
-0.53
(-1.14%)
CAD |
TSX |
May 02, 16:00
Definity Financial Debt to Equity Ratio: 0.0401 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
Date | Value |
---|---|
December 31, 2023 | 0.0401 |
September 30, 2023 | 0.0434 |
June 30, 2023 | 0.0424 |
March 31, 2023 | 0.0144 |
December 31, 2022 | 0.0153 |
Date | Value |
---|---|
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
0.0156
Average
0.0072
Median
Debt to Equity Ratio Benchmarks
Intact Financial Corp | 0.3138 |
Fairfax Financial Holdings Ltd | 0.4237 |
goeasy Ltd | 2.675 |
Cypherpunk Holdings Inc | -- |
Armada Mercantile Ltd | -- |
Debt to Equity Ratio Related Metrics
Total Assets (Quarterly) | 7.260B |
Total Liabilities (Quarterly) | 4.253B |
Shareholders Equity (Quarterly) | 2.848B |
Current Ratio | 3.293 |
Net Debt Paydown Yield | -0.53% |