Drax Group PLC (DRXGF)
8.55
0.00 (0.00%)
USD |
OTCM |
Nov 20, 16:00
Drax Group Debt to Equity Ratio: 0.5842 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.5842 |
| December 31, 2023 | 0.7231 |
| June 30, 2023 | 0.8412 |
| December 31, 2022 | 1.099 |
| June 30, 2022 | 1.092 |
| December 31, 2021 | 1.059 |
| June 30, 2021 | 1.078 |
| December 31, 2020 | 0.7957 |
| June 30, 2020 | 0.7106 |
| December 31, 2019 | 0.7258 |
| June 30, 2019 | 0.6287 |
| December 31, 2018 | 0.3329 |
| June 30, 2018 | 0.3612 |
| December 31, 2017 | 0.3355 |
| June 30, 2017 | 0.3037 |
| December 31, 2016 | 0.1574 |
| June 30, 2016 | 0.1663 |
| December 31, 2015 | 0.1994 |
| June 30, 2015 | 0.2086 |
| December 31, 2014 | 0.2028 |
| Date | Value |
|---|---|
| June 30, 2014 | 0.2221 |
| December 31, 2013 | 0.1531 |
| June 30, 2013 | 0.1364 |
| December 31, 2012 | 0.0611 |
| June 30, 2012 | 0.006 |
| December 31, 2011 | 0.0052 |
| June 30, 2011 | 0.0964 |
| December 31, 2010 | 0.1326 |
| June 30, 2010 | 0.1645 |
| December 31, 2009 | 0.1852 |
| June 30, 2009 | 0.3619 |
| December 31, 2008 | 0.5263 |
| June 30, 2008 | -1.416 |
| December 31, 2007 | 1.099 |
| June 30, 2007 | 0.6776 |
| December 31, 2006 | 0.7033 |
| June 30, 2006 | 0.815 |
| December 31, 2005 | 2.55 |
| June 30, 2005 | -3.166 |
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
0.5842
Minimum
Jun 2024
1.099
Maximum
Dec 2022
0.8709
Average
0.8184
Median
Debt to Equity Ratio Benchmarks
| National Grid PLC | 1.260 |
| Centrica PLC | 0.5921 |
| Atlantica Sustainable Infrastructure PLC | 4.219 |
| SIMEC Atlantis Energy Ltd | 1.448 |
| ReNew Energy Global PLC | 6.218 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 7.612B |
| Total Liabilities (Quarterly) | 4.862B |
| Shareholders Equity (Quarterly) | 2.736B |
| Current Ratio | 1.264 |
| Net Debt Paydown Yield | 1.99% |