Thermal Energy International (TMG.V) Debt to Equity Ratio: 0.3514

Thermal Energy International, Inc. (TMG.V)

0.155 0.00 (0.00%) CAD | TSXV | Oct 05, 11:07

Debt to Equity Ratio Chart

Historical Debt to Equity Ratio Data

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Date	Value
May 31, 2026	0.3514
February 28, 2026	0.2157
November 30, 2025	0.2742
August 31, 2025	0.3629
May 31, 2025	0.4449
February 28, 2025	0.7913
November 30, 2024	0.8501
August 31, 2024	0.909
May 31, 2024	1.125
February 29, 2024	1.365
November 30, 2023	1.498
August 31, 2023	2.094
May 31, 2023	2.401
February 28, 2023	5.716
November 30, 2022	20.21
August 31, 2022	12.22
May 31, 2022	4.931
February 28, 2022	3.114
November 30, 2021	2.051
August 31, 2021	1.645
May 31, 2021	1.582
February 28, 2021	1.694
November 30, 2020	1.508
August 31, 2020	2.000
May 31, 2020	1.568

Date	Value
February 29, 2020	0.6285
November 30, 2019	0.6999
August 31, 2019	0.7499
May 31, 2019	0.7562
February 28, 2019	0.8769
November 30, 2018	0.7191
August 31, 2018	0.7107
May 31, 2018	0.00
February 28, 2018	0.00
November 30, 2017	0.00
August 31, 2017	0.00
May 31, 2017	0.00
February 28, 2017	0.00
November 30, 2016	0.00
August 31, 2016	0.00
May 31, 2016	0.00
February 29, 2016	0.00
November 30, 2015	0.00
August 31, 2015	0.00
May 31, 2015	0.00
February 28, 2015	0.00
November 30, 2014	0.00
August 31, 2014	0.00
May 31, 2014	0.00
February 28, 2014	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.

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Debt to Equity Ratio Range, Past 5 Years

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Debt to Equity Ratio Benchmarks

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