Granite Real Estate Investment Trust (GRT.UN.TO)
68.68
-0.56
(-0.81%)
CAD |
TSX |
Apr 25, 16:00
Granite Real Estate Investment Trust Debt to Equity Ratio: 0.581 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.581 |
| September 30, 2023 | 0.5718 |
| June 30, 2023 | 0.5699 |
| March 31, 2023 | 0.5576 |
| December 31, 2022 | 0.5543 |
| September 30, 2022 | 0.5315 |
| June 30, 2022 | 0.4756 |
| March 31, 2022 | 0.4265 |
| December 31, 2021 | 0.4561 |
| September 30, 2021 | 0.4823 |
| June 30, 2021 | 0.4172 |
| March 31, 2021 | 0.4763 |
| December 31, 2020 | 0.5556 |
| September 30, 2020 | 0.4672 |
| June 30, 2020 | 0.4716 |
| March 31, 2020 | 0.3589 |
| December 31, 2019 | 0.3773 |
| September 30, 2019 | 0.4188 |
| June 30, 2019 | 0.4312 |
| March 31, 2019 | 0.4747 |
| December 31, 2018 | 0.4802 |
| September 30, 2018 | 0.2741 |
| June 30, 2018 | 0.3236 |
| March 31, 2018 | 0.2981 |
| December 31, 2017 | 0.3182 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.3339 |
| June 30, 2017 | 0.3297 |
| March 31, 2017 | 0.3304 |
| December 31, 2016 | 0.332 |
| September 30, 2016 | 0.2797 |
| June 30, 2016 | 0.3032 |
| March 31, 2016 | 0.309 |
| December 31, 2015 | 0.305 |
| September 30, 2015 | 0.3224 |
| June 30, 2015 | 0.3387 |
| March 31, 2015 | 0.3473 |
| December 31, 2014 | 0.3532 |
| September 30, 2014 | 0.3095 |
| June 30, 2014 | 0.3348 |
| March 31, 2014 | 0.3244 |
| December 31, 2013 | 0.3334 |
| September 30, 2013 | 0.2199 |
| June 30, 2013 | 0.2011 |
| March 31, 2013 | 0.1909 |
| December 31, 2012 | 0.174 |
| September 30, 2012 | 0.3045 |
| June 30, 2012 | 0.2963 |
| March 31, 2012 | 0.291 |
| December 31, 2011 | 0.179 |
| September 30, 2011 | 0.2731 |
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
0.3589
Minimum
Mar 2020
0.581
Maximum
Dec 2023
0.4832
Average
0.4756
Median
Jun 2022
Debt to Equity Ratio Benchmarks
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 9.066B |
| Total Liabilities (Quarterly) | 3.783B |
| Shareholders Equity (Quarterly) | 5.277B |
| Current Ratio | 0.3945 |
| Net Debt Paydown Yield | -0.10% |