Gear Energy Ltd (GXE.TO)
0.66
+0.01
(+1.54%)
CAD |
TSX |
Apr 19, 12:50
Gear Energy Debt to Equity Ratio: 0.0894 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.0894 |
| September 30, 2023 | 0.0848 |
| June 30, 2023 | 0.088 |
| March 31, 2023 | 0.0842 |
| December 31, 2022 | 0.0283 |
| September 30, 2022 | 0.00 |
| June 30, 2022 | 0.0207 |
| March 31, 2022 | 0.0975 |
| December 31, 2021 | 0.1324 |
| September 30, 2021 | 0.313 |
| June 30, 2021 | 0.3339 |
| March 31, 2021 | 0.455 |
| December 31, 2020 | 0.606 |
| September 30, 2020 | 1.085 |
| June 30, 2020 | 1.192 |
| March 31, 2020 | 1.108 |
| December 31, 2019 | 0.4223 |
| September 30, 2019 | 0.3962 |
| June 30, 2019 | 0.4208 |
| March 31, 2019 | 0.5087 |
| December 31, 2018 | 0.4829 |
| September 30, 2018 | 0.4423 |
| June 30, 2018 | 0.3055 |
| Date | Value |
|---|---|
| March 31, 2018 | 0.3192 |
| December 31, 2017 | 0.3431 |
| September 30, 2017 | 0.3463 |
| June 30, 2017 | 0.3296 |
| March 31, 2017 | 0.2931 |
| December 31, 2016 | 0.3033 |
| September 30, 2016 | 0.3025 |
| June 30, 2016 | 0.3795 |
| March 31, 2016 | 0.6965 |
| December 31, 2015 | 0.7217 |
| September 30, 2015 | 0.7254 |
| June 30, 2015 | 0.4749 |
| March 31, 2015 | 0.5345 |
| December 31, 2014 | 0.5556 |
| September 30, 2014 | 0.4179 |
| June 30, 2014 | 0.4299 |
| March 31, 2014 | 0.3434 |
| December 31, 2013 | 0.5146 |
| September 30, 2013 | 0.417 |
| June 30, 2013 | |
| March 31, 2013 | |
| December 31, 2012 | 0.4226 |
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 2022
1.192
Maximum
Jun 2020
0.3662
Average
0.313
Median
Sep 2021
Debt to Equity Ratio Benchmarks
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 338.82M |
| Total Liabilities (Quarterly) | 102.08M |
| Shareholders Equity (Quarterly) | 236.74M |
| Current Ratio | 1.036 |
| Net Debt Paydown Yield | -2.52% |