MEG Energy Corp (MEG.TO)
26.77
+1.09
(+4.24%)
CAD |
TSX |
Nov 21, 16:00
MEG Energy Debt to Equity Ratio: 0.1743 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.1743 |
| June 30, 2024 | 0.2083 |
| March 31, 2024 | 0.225 |
| December 31, 2023 | 0.2483 |
| September 30, 2023 | 0.2851 |
| June 30, 2023 | 0.3112 |
| March 31, 2023 | 0.3355 |
| December 31, 2022 | 0.3607 |
| September 30, 2022 | 0.4081 |
| June 30, 2022 | 0.4669 |
| March 31, 2022 | 0.584 |
| December 31, 2021 | 0.7253 |
| September 30, 2021 | 0.7632 |
| June 30, 2021 | 0.7912 |
| March 31, 2021 | 0.817 |
| December 31, 2020 | 0.8306 |
| September 30, 2020 | 0.867 |
| June 30, 2020 | 0.8828 |
| March 31, 2020 | 0.894 |
| December 31, 2019 | 0.8105 |
| September 30, 2019 | 0.8508 |
| June 30, 2019 | 0.9481 |
| March 31, 2019 | 0.9547 |
| December 31, 2018 | 0.9671 |
| September 30, 2018 | 0.875 |
| Date | Value |
|---|---|
| June 30, 2018 | 0.9182 |
| March 31, 2018 | 0.8653 |
| December 31, 2017 | 1.182 |
| September 30, 2017 | 1.168 |
| June 30, 2017 | 1.239 |
| March 31, 2017 | 1.308 |
| December 31, 2016 | 1.543 |
| September 30, 2016 | 1.377 |
| June 30, 2016 | 1.328 |
| March 31, 2016 | 1.279 |
| December 31, 2015 | 1.416 |
| September 30, 2015 | 1.274 |
| June 30, 2015 | 1.077 |
| March 31, 2015 | 1.116 |
| December 31, 2014 | 0.9155 |
| September 30, 2014 | 0.8617 |
| June 30, 2014 | 0.8081 |
| March 31, 2014 | 0.8845 |
| December 31, 2013 | 0.8363 |
| September 30, 2013 | 0.5809 |
| June 30, 2013 | 0.6127 |
| March 31, 2013 | 0.5861 |
| December 31, 2012 | 0.511 |
| September 30, 2012 | 0.6015 |
| June 30, 2012 | 0.4349 |
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
0.1743
Minimum
Sep 2024
0.894
Maximum
Mar 2020
0.5494
Average
0.5254
Median
Debt to Equity Ratio Benchmarks
| Athabasca Oil Corp | 0.1255 |
| NuVista Energy Ltd | 0.0879 |
| Cenovus Energy Inc | 0.2467 |
| Cameco Corp | 0.2035 |
| Shoal Point Energy Ltd | -0.0686 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 6.69B |
| Total Liabilities (Quarterly) | 2.076B |
| Shareholders Equity (Quarterly) | 4.614B |
| Current Ratio | 1.549 |
| Net Debt Paydown Yield | 1.71% |