Devon Energy Corp (DVN)
52.57
+0.44
(+0.84%)
USD |
NYSE |
Apr 23, 16:00
52.56
-0.01
(-0.02%)
Pre-Market: 05:35
Devon Energy Debt to Equity Ratio: 0.5103 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.5103 |
| September 30, 2023 | 0.5294 |
| June 30, 2023 | 0.5819 |
| March 31, 2023 | 0.585 |
| December 31, 2022 | 0.5767 |
| September 30, 2022 | 0.5933 |
| June 30, 2022 | 0.6403 |
| March 31, 2022 | 0.6958 |
| December 31, 2021 | 0.6998 |
| September 30, 2021 | 0.7275 |
| June 30, 2021 | 0.7741 |
| March 31, 2021 | 0.8701 |
| December 31, 2020 | 1.490 |
| September 30, 2020 | 1.421 |
| June 30, 2020 | 1.331 |
| March 31, 2020 | 1.096 |
| December 31, 2019 | 0.7401 |
| September 30, 2019 | 0.6565 |
| June 30, 2019 | 0.614 |
| March 31, 2019 | 0.7364 |
| December 31, 2018 | 0.4849 |
| September 30, 2018 | 0.6797 |
| June 30, 2018 | 0.7571 |
| March 31, 2018 | 1.121 |
| December 31, 2017 | 0.7417 |
| Date | Value |
|---|---|
| September 30, 2017 | 1.459 |
| June 30, 2017 | 1.530 |
| March 31, 2017 | 1.606 |
| December 31, 2016 | 1.227 |
| September 30, 2016 | 1.944 |
| June 30, 2016 | 2.622 |
| March 31, 2016 | 1.957 |
| December 31, 2015 | 1.849 |
| September 30, 2015 | 1.030 |
| June 30, 2015 | 0.7861 |
| March 31, 2015 | 0.6528 |
| December 31, 2014 | 0.5229 |
| September 30, 2014 | 0.5438 |
| June 30, 2014 | 0.5753 |
| March 31, 2014 | 0.7577 |
| December 31, 2013 | 0.5865 |
| September 30, 2013 | 0.4885 |
| June 30, 2013 | 0.5058 |
| March 31, 2013 | 0.6166 |
| December 31, 2012 | 0.5472 |
| September 30, 2012 | 0.5158 |
| June 30, 2012 | 0.4771 |
| March 31, 2012 | 0.4937 |
| December 31, 2011 | 0.4564 |
| September 30, 2011 | 0.4387 |
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
0.5103
Minimum
Dec 2023
1.490
Maximum
Dec 2020
0.7965
Average
0.6958
Median
Mar 2022
Debt to Equity Ratio Benchmarks
| Chevron Corp | 0.1259 |
| Diamondback Energy Inc | 0.3995 |
| Occidental Petroleum Corp | 0.6281 |
| Exxon Mobil Corp | 0.1843 |
| EOG Resources Inc | 0.1287 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 24.49B |
| Total Liabilities (Quarterly) | 12.27B |
| Shareholders Equity (Quarterly) | 12.06B |
| Current Ratio | 1.070 |
| Net Debt Paydown Yield | 0.21% |