Otter Tail Corp (OTTR)
80.58
+0.93
(+1.17%)
USD |
NASDAQ |
Nov 21, 16:00
80.67
+0.09
(+0.11%)
Pre-Market: 20:00
Otter Tail Debt to Equity Ratio: 0.619 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.619 |
| June 30, 2024 | 0.6109 |
| March 31, 2024 | 0.6301 |
| December 31, 2023 | 0.6275 |
| September 30, 2023 | 0.624 |
| June 30, 2023 | 0.658 |
| March 31, 2023 | 0.7001 |
| December 31, 2022 | 0.6835 |
| September 30, 2022 | 0.6957 |
| June 30, 2022 | 0.7646 |
| March 31, 2022 | 0.823 |
| December 31, 2021 | 0.8631 |
| September 30, 2021 | 0.9055 |
| June 30, 2021 | 0.9752 |
| March 31, 2021 | 1.013 |
| December 31, 2020 | 0.9708 |
| September 30, 2020 | 0.9543 |
| June 30, 2020 | 0.9317 |
| March 31, 2020 | 0.9306 |
| December 31, 2019 | 0.8903 |
| September 30, 2019 | 0.9242 |
| June 30, 2019 | 0.8422 |
| March 31, 2019 | 0.8559 |
| December 31, 2018 | 0.8352 |
| September 30, 2018 | 0.835 |
| Date | Value |
|---|---|
| June 30, 2018 | 0.8552 |
| March 31, 2018 | 0.8763 |
| December 31, 2017 | 0.8652 |
| September 30, 2017 | 0.8581 |
| June 30, 2017 | 0.8606 |
| March 31, 2017 | 0.8757 |
| December 31, 2016 | 0.8677 |
| September 30, 2016 | 0.8884 |
| June 30, 2016 | 0.9363 |
| March 31, 2016 | 0.96 |
| December 31, 2015 | 0.9536 |
| September 30, 2015 | 0.9792 |
| June 30, 2015 | 0.9185 |
| March 31, 2015 | 0.9335 |
| December 31, 2014 | 0.8896 |
| September 30, 2014 | 0.9547 |
| June 30, 2014 | 0.9523 |
| March 31, 2014 | 0.9292 |
| December 31, 2013 | 0.8245 |
| September 30, 2013 | 0.9017 |
| June 30, 2013 | 0.8352 |
| March 31, 2013 | 0.8318 |
| December 31, 2012 | 0.7849 |
| September 30, 2012 | 0.7946 |
| June 30, 2012 | 0.895 |
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
0.6109
Minimum
Jun 2024
1.013
Maximum
Mar 2021
0.7935
Average
0.7938
Median
Debt to Equity Ratio Benchmarks
| Xcel Energy Inc | 1.482 |
| Alliant Energy Corp | 1.533 |
| Evergy Inc | 1.379 |
| Advent Technologies Holdings Inc | -0.1865 |
| Verde Clean Fuels Inc | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 3.567B |
| Total Liabilities (Quarterly) | 1.933B |
| Shareholders Equity (Quarterly) | 1.633B |
| Current Ratio | 2.171 |
| Net Debt Paydown Yield | -0.84% |