Source Energy Services Ltd (SHLE.TO)
11.85
+0.30
(+2.60%)
CAD |
TSX |
Sep 19, 16:00
Source Energy Services Debt to Equity Ratio: 0.8702 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.8702 |
| March 31, 2024 | 1.085 |
| December 31, 2023 | 0.9407 |
| September 30, 2023 | 8.533 |
| June 30, 2023 | 12.06 |
| March 31, 2023 | 12.70 |
| December 31, 2022 | 31.20 |
| September 30, 2022 | 9.671 |
| June 30, 2022 | 33.27 |
| March 31, 2022 | -128.07 |
| December 31, 2021 | 28.05 |
| September 30, 2021 | 7.503 |
| June 30, 2021 | 6.832 |
| March 31, 2021 | 6.098 |
| December 31, 2020 | 4.506 |
| September 30, 2020 | 35.32 |
| Date | Value |
|---|---|
| June 30, 2020 | 10.61 |
| March 31, 2020 | 5.283 |
| December 31, 2019 | 0.8859 |
| September 30, 2019 | 0.8195 |
| June 30, 2019 | 0.6737 |
| March 31, 2019 | 0.5899 |
| December 31, 2018 | 0.4805 |
| September 30, 2018 | 0.4808 |
| June 30, 2018 | 0.5161 |
| March 31, 2018 | 0.4923 |
| December 31, 2017 | 0.4513 |
| September 30, 2017 | 0.5439 |
| June 30, 2017 | 0.4679 |
| March 31, 2017 | -2.761 |
| December 31, 2016 | -2.721 |
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
-128.07
Minimum
Mar 2022
35.32
Maximum
Sep 2020
4.408
Average
7.167
Median
Debt to Equity Ratio Benchmarks
| Trican Well Service Ltd | 0.00 |
| Perpetual Energy Inc | 0.2821 |
| Shoal Point Energy Ltd | -0.0972 |
| Bird River Resources Inc | -- |
| James Bay Resources Ltd | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 514.83M |
| Total Liabilities (Quarterly) | 335.26M |
| Shareholders Equity (Quarterly) | 179.57M |
| Current Ratio | 0.5937 |
| Net Debt Paydown Yield | 2.94% |