Target Hospitality Corp (TH)
11.11
+0.03
(+0.27%)
USD |
NASDAQ |
Apr 26, 11:04
Target Hospitality Debt to Equity Ratio: 0.472 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.472 |
| September 30, 2023 | 0.6153 |
| June 30, 2023 | 0.7144 |
| March 31, 2023 | 0.8555 |
| December 31, 2022 | 1.637 |
| September 30, 2022 | 2.289 |
| June 30, 2022 | 2.835 |
| March 31, 2022 | 3.532 |
| December 31, 2021 | 3.395 |
| September 30, 2021 | 3.523 |
| June 30, 2021 | 3.867 |
| March 31, 2021 | 4.482 |
| Date | Value |
|---|---|
| December 31, 2020 | 3.787 |
| September 30, 2020 | 3.671 |
| June 30, 2020 | 3.573 |
| March 31, 2020 | 3.198 |
| December 31, 2019 | 3.346 |
| September 30, 2019 | 2.794 |
| June 30, 2019 | 2.880 |
| March 31, 2019 | 2.880 |
| December 31, 2018 | 0.3685 |
| September 30, 2018 | 0.00 |
| June 30, 2018 | 0.00 |
| March 31, 2018 | 0.00 |
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
0.472
Minimum
Dec 2023
4.482
Maximum
Mar 2021
2.709
Average
3.198
Median
Mar 2020
Debt to Equity Ratio Benchmarks
| Avalon Holdings Corp | 0.8976 |
| Compx International Inc | 0.00 |
| GEE Group Inc | 0.00 |
| Mastech Digital Inc | 0.00 |
| Universal Security Instruments Inc | 0.2061 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 694.35M |
| Total Liabilities (Quarterly) | 317.05M |
| Shareholders Equity (Quarterly) | 377.31M |
| Current Ratio | 2.566 |
| Net Debt Paydown Yield | 3.14% |