Granite Construction Inc (GVA)
53.44
-0.24
(-0.45%)
USD |
NYSE |
Apr 19, 12:11
Granite Construction Debt to Equity Ratio: 0.6699 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.6699 |
| September 30, 2023 | 0.4242 |
| June 30, 2023 | 0.5104 |
| March 31, 2023 | 0.3117 |
| December 31, 2022 | 0.3026 |
| September 30, 2022 | 0.3031 |
| June 30, 2022 | 0.3261 |
| March 31, 2022 | 0.3254 |
| December 31, 2021 | 0.3513 |
| September 30, 2021 | 0.345 |
| June 30, 2021 | 0.3558 |
| March 31, 2021 | 0.3767 |
| December 31, 2020 | 0.3473 |
| September 30, 2020 | 0.426 |
| June 30, 2020 | 0.3878 |
| March 31, 2020 | 0.3411 |
| December 31, 2019 | 0.3192 |
| September 30, 2019 | 0.3302 |
| June 30, 2019 | 0.344 |
| March 31, 2019 | 0.29 |
| December 31, 2018 | 0.3075 |
| September 30, 2018 | 0.3186 |
| June 30, 2018 | 0.3892 |
| March 31, 2018 | 0.2439 |
| December 31, 2017 | 0.2375 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.2632 |
| June 30, 2017 | 0.2776 |
| March 31, 2017 | 0.2828 |
| December 31, 2016 | 0.2757 |
| September 30, 2016 | 0.2933 |
| June 30, 2016 | 0.3069 |
| March 31, 2016 | 0.3116 |
| December 31, 2015 | 0.3088 |
| September 30, 2015 | 0.3389 |
| June 30, 2015 | 0.351 |
| March 31, 2015 | 0.3544 |
| December 31, 2014 | 0.3485 |
| September 30, 2014 | 0.355 |
| June 30, 2014 | 0.3611 |
| March 31, 2014 | 0.3671 |
| December 31, 2013 | 0.3557 |
| September 30, 2013 | 0.3438 |
| June 30, 2013 | 0.3477 |
| March 31, 2013 | 0.3612 |
| December 31, 2012 | 0.3496 |
| September 30, 2012 | 0.2819 |
| June 30, 2012 | 0.295 |
| March 31, 2012 | 0.3056 |
| December 31, 2011 | 0.3135 |
| September 30, 2011 | 0.3341 |
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
0.3026
Minimum
Dec 2022
0.6699
Maximum
Dec 2023
0.3736
Average
0.345
Median
Sep 2021
Debt to Equity Ratio Benchmarks
| Construction Partners Inc | 0.8482 |
| Southland Holdings Inc | 1.203 |
| Sterling Infrastructure Inc | 0.5518 |
| Quanta Services Inc | 0.6694 |
| Apogee Enterprises Inc | 0.2209 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 2.814B |
| Total Liabilities (Quarterly) | 1.787B |
| Shareholders Equity (Quarterly) | 977.30M |
| Current Ratio | 1.596 |
| Net Debt Paydown Yield | -3.28% |