Towngas Smart Energy Co Ltd (TGASF)
0.4050
0.00 (0.00%)
USD |
OTCM |
Jun 21, 16:00
Towngas Smart Energy Debt to Equity Ratio: 0.8012 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.8012 |
| June 30, 2023 | 0.993 |
| December 31, 2022 | 0.918 |
| June 30, 2022 | 0.8506 |
| December 31, 2021 | 0.85 |
| June 30, 2021 | 0.8208 |
| December 31, 2020 | 0.5559 |
| June 30, 2020 | 0.5842 |
| December 31, 2019 | 0.5528 |
| June 30, 2019 | 0.6237 |
| December 31, 2018 | 0.5872 |
| June 30, 2018 | 0.5928 |
| December 31, 2017 | 0.5572 |
| June 30, 2017 | 0.5951 |
| December 31, 2016 | 0.5805 |
| June 30, 2016 | 0.6755 |
| Date | Value |
|---|---|
| December 31, 2015 | 0.6506 |
| June 30, 2015 | 0.5903 |
| December 31, 2014 | 0.5698 |
| June 30, 2014 | 0.6003 |
| December 31, 2013 | 0.5507 |
| June 30, 2013 | 0.5124 |
| December 31, 2012 | 0.5806 |
| June 30, 2012 | 0.5126 |
| December 31, 2011 | 0.5082 |
| June 30, 2011 | 0.4313 |
| December 31, 2010 | 0.4316 |
| June 30, 2010 | 0.5177 |
| December 31, 2009 | 0.4297 |
| June 30, 2009 | 0.1398 |
| December 31, 2008 | 0.3664 |
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
0.5528
Minimum
Dec 2019
0.993
Maximum
Jun 2023
0.755
Average
0.811
Median
Debt to Equity Ratio Benchmarks
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 6.842B |
| Total Liabilities (Quarterly) | 3.613B |
| Shareholders Equity (Quarterly) | 2.924B |
| Current Ratio | 0.558 |
| Net Debt Paydown Yield | 1.95% |