Toromont Industries Ltd (TIH.TO)
116.99
+0.49
(+0.42%)
CAD |
TSX |
Nov 14, 16:00
Toromont Industries Debt to Equity Ratio: 0.2236 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.2236 |
| June 30, 2024 | 0.2304 |
| 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 |
| Date | Value |
|---|---|
| June 30, 2018 | 0.6143 |
| March 31, 2018 | 0.649 |
| 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 |
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
0.2236
Minimum
Sep 2024
0.478
Maximum
Jun 2020
0.3233
Average
0.3182
Median
Debt to Equity Ratio Benchmarks
| K-Bro Linen Inc | 0.7581 |
| Aecon Group Inc | 0.3284 |
| Finning International Inc | 1.014 |
| Ag Growth International Inc | 2.635 |
| Wajax Corp | 0.7561 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 4.714B |
| Total Liabilities (Quarterly) | 1.815B |
| Shareholders Equity (Quarterly) | 2.900B |
| Current Ratio | 2.436 |
| Net Debt Paydown Yield | -0.00% |