Polaris Renewable Energy Inc (PIF.TO)
12.11
-0.03
(-0.25%)
CAD |
TSX |
Nov 13, 16:00
Polaris Renewable Energy Debt to Equity Ratio: 0.6146 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.6146 |
| June 30, 2024 | 0.618 |
| March 31, 2024 | 0.628 |
| December 31, 2023 | 0.64 |
| September 30, 2023 | 0.6495 |
| June 30, 2023 | 0.6537 |
| March 31, 2023 | 0.6708 |
| December 31, 2022 | 0.6838 |
| September 30, 2022 | 0.6901 |
| June 30, 2022 | 0.7533 |
| March 31, 2022 | 0.6187 |
| December 31, 2021 | 0.6458 |
| September 30, 2021 | 0.6559 |
| June 30, 2021 | 0.6668 |
| March 31, 2021 | 0.6816 |
| December 31, 2020 | 0.8275 |
| September 30, 2020 | 0.9331 |
| June 30, 2020 | 0.9136 |
| March 31, 2020 | 0.8492 |
| December 31, 2019 | 0.8778 |
| September 30, 2019 | 0.9494 |
| June 30, 2019 | 0.9618 |
| March 31, 2019 | 0.9208 |
| December 31, 2018 | 0.8833 |
| September 30, 2018 | 0.8478 |
| Date | Value |
|---|---|
| June 30, 2018 | 0.8689 |
| March 31, 2018 | 0.8962 |
| December 31, 2017 | 0.9011 |
| September 30, 2017 | 0.9055 |
| June 30, 2017 | 0.9107 |
| March 31, 2017 | 0.911 |
| December 31, 2016 | 0.9075 |
| September 30, 2016 | 0.9168 |
| June 30, 2016 | 0.8997 |
| March 31, 2016 | 0.897 |
| December 31, 2015 | 0.8881 |
| September 30, 2015 | 0.8769 |
| June 30, 2015 | 0.8167 |
| March 31, 2015 | 1.733 |
| December 31, 2014 | 1.896 |
| September 30, 2014 | 1.679 |
| June 30, 2014 | 1.674 |
| March 31, 2014 | 1.575 |
| December 31, 2013 | 1.679 |
| September 30, 2013 | 1.510 |
| June 30, 2013 | 1.435 |
| March 31, 2013 | 1.331 |
| December 31, 2012 | 1.334 |
| September 30, 2012 | 0.9951 |
| June 30, 2012 | 0.9218 |
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
0.6146
Minimum
Sep 2024
0.9331
Maximum
Sep 2020
0.7136
Average
0.6688
Median
Debt to Equity Ratio Benchmarks
| Boralex Inc | 1.97 |
| Innergex Renewable Energy Inc | 6.204 |
| Northland Power Inc | 1.758 |
| Berkley Renewables Inc | -- |
| NU E Power Corp | -12.78 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 682.47M |
| Total Liabilities (Quarterly) | 322.49M |
| Shareholders Equity (Quarterly) | 358.99M |
| Current Ratio | 1.816 |
| Net Debt Paydown Yield | 1.21% |