Toromont Industries Ltd (TIH.TO)

124.31 +0.67 (+0.54%) CAD  |  TSX  |  May 07, 11:48
More

Toromont Industries Debt to Equity Ratio: 0.2352 for March 31, 2024

Debt to Equity Ratio Chart

Historical Debt to Equity Ratio Data

View and export this data back to 1993. Upgrade now.
Date Value
March 31, 2024 0.2352
December 31, 2023 0.2414
September 30, 2023 0.2481
June 30, 2023 0.2623
March 31, 2023 0.2709
December 31, 2022 0.2783
September 30, 2022 0.2934
June 30, 2022 0.3128
March 31, 2022 0.3235
December 31, 2021 0.3309
September 30, 2021 0.3451
June 30, 2021 0.3528
March 31, 2021 0.3675
December 31, 2020 0.3805
September 30, 2020 0.3964
June 30, 2020 0.478
March 31, 2020 0.4734
December 31, 2019 0.4208
September 30, 2019 0.4453
June 30, 2019 0.4705
March 31, 2019 0.4826
December 31, 2018 0.4862
September 30, 2018 0.5026
June 30, 2018 0.6143
March 31, 2018 0.649
Date Value
December 31, 2017 0.7964
September 30, 2017 0.157
June 30, 2017 0.1644
March 31, 2017 0.1687
December 31, 2016 0.1723
September 30, 2016 0.1802
June 30, 2016 0.1892
March 31, 2016 0.1957
December 31, 2015 0.1983
September 30, 2015 0.4083
June 30, 2015 0.2558
March 31, 2015 0.1911
December 31, 2014 0.1969
September 30, 2014 0.207
June 30, 2014 0.2195
March 31, 2014 0.2249
December 31, 2013 0.2297
September 30, 2013 0.2789
June 30, 2013 0.3338
March 31, 2013 0.3508
December 31, 2012 0.3352
September 30, 2012 0.4927
June 30, 2012 0.5093
March 31, 2012 0.3529
December 31, 2011 0.332

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.

Read full definition.

Debt to Equity Ratio Range, Past 5 Years

0.2352
Minimum
Mar 2024
0.478
Maximum
Jun 2020
0.3464
Average
0.338
Median

Debt to Equity Ratio Benchmarks

K-Bro Linen Inc 0.4027
Aecon Group Inc 0.2103
Bactech Environmental Corp --
Beyond Medical Technologies Inc --
Sharc International Systems Inc 0.00

Debt to Equity Ratio Related Metrics

Total Assets (Quarterly) 4.656B
Total Liabilities (Quarterly) 1.901B
Shareholders Equity (Quarterly) 2.755B
Current Ratio 2.647
Net Debt Paydown Yield -0.00%