Ovintiv Inc (OVV)
40.01
+0.06
(+0.15%)
USD |
NYSE |
Nov 05, 10:21
Ovintiv Debt to Equity Ratio: 0.5894 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.5894 |
| March 31, 2024 | 0.604 |
| December 31, 2023 | 0.5532 |
| September 30, 2023 | 0.6452 |
| June 30, 2023 | 0.6584 |
| March 31, 2023 | 0.4758 |
| December 31, 2022 | 0.4643 |
| September 30, 2022 | 0.5524 |
| June 30, 2022 | 0.6703 |
| March 31, 2022 | 1.019 |
| December 31, 2021 | 0.9432 |
| September 30, 2021 | 1.262 |
| June 30, 2021 | 1.351 |
| March 31, 2021 | 1.552 |
| December 31, 2020 | 1.794 |
| September 30, 2020 | 1.641 |
| June 30, 2020 | 1.254 |
| March 31, 2020 | 0.6875 |
| December 31, 2019 | 0.7023 |
| September 30, 2019 | 0.708 |
| June 30, 2019 | 0.7041 |
| March 31, 2019 | 0.6563 |
| December 31, 2018 | 0.5637 |
| September 30, 2018 | 0.6464 |
| June 30, 2018 | 0.6461 |
| Date | Value |
|---|---|
| March 31, 2018 | 0.6195 |
| December 31, 2017 | 0.6238 |
| September 30, 2017 | 0.6026 |
| June 30, 2017 | 0.6189 |
| March 31, 2017 | 0.6434 |
| December 31, 2016 | 0.6853 |
| September 30, 2016 | 0.6736 |
| June 30, 2016 | 1.160 |
| March 31, 2016 | 0.9813 |
| December 31, 2015 | 0.8648 |
| September 30, 2015 | 0.912 |
| June 30, 2015 | 0.7819 |
| March 31, 2015 | 0.7582 |
| December 31, 2014 | 0.7579 |
| September 30, 2014 | 0.6408 |
| June 30, 2014 | 0.8991 |
| March 31, 2014 | 1.209 |
| December 31, 2013 | 1.384 |
| September 30, 2013 | 1.413 |
| June 30, 2013 | 1.438 |
| March 31, 2013 | 1.629 |
| December 31, 2012 | 1.450 |
| September 30, 2012 | 1.392 |
| June 30, 2012 | 1.120 |
| March 31, 2012 | 0.9055 |
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
0.4643
Minimum
Dec 2022
1.794
Maximum
Dec 2020
0.9169
Average
0.6875
Median
Mar 2020
Debt to Equity Ratio Benchmarks
| Coterra Energy Inc | 0.1585 |
| Occidental Petroleum Corp | 0.5926 |
| APA Corp | 1.243 |
| Diamondback Energy Inc | 0.6866 |
| PEDEVCO Corp | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 19.81B |
| Total Liabilities (Quarterly) | 9.481B |
| Shareholders Equity (Quarterly) | 10.33B |
| Current Ratio | 0.4375 |
| Net Debt Paydown Yield | -3.77% |