Tennant Co (TNC)
115.24
-1.04
(-0.89%)
USD |
NYSE |
Apr 16, 10:09
Tennant Debt to Equity Ratio: 0.3466 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.3466 |
| September 30, 2023 | 0.407 |
| June 30, 2023 | 0.5328 |
| March 31, 2023 | 0.6068 |
| December 31, 2022 | 0.6372 |
| September 30, 2022 | 0.662 |
| June 30, 2022 | 0.6141 |
| March 31, 2022 | 0.6459 |
| December 31, 2021 | 0.6169 |
| September 30, 2021 | 0.6075 |
| June 30, 2021 | 0.6171 |
| March 31, 2021 | 0.7339 |
| December 31, 2020 | 0.7619 |
| September 30, 2020 | 0.8215 |
| June 30, 2020 | 0.9144 |
| March 31, 2020 | 1.297 |
| December 31, 2019 | 0.9414 |
| September 30, 2019 | 1.011 |
| June 30, 2019 | 1.061 |
| March 31, 2019 | 1.133 |
| December 31, 2018 | 1.130 |
| September 30, 2018 | 1.128 |
| June 30, 2018 | 1.198 |
| March 31, 2018 | 1.222 |
| December 31, 2017 | 1.271 |
| Date | Value |
|---|---|
| September 30, 2017 | 1.320 |
| June 30, 2017 | 1.446 |
| March 31, 2017 | 0.1629 |
| December 31, 2016 | 0.1299 |
| September 30, 2016 | 0.133 |
| June 30, 2016 | 0.0813 |
| March 31, 2016 | 0.09 |
| December 31, 2015 | 0.0977 |
| September 30, 2015 | 0.1002 |
| June 30, 2015 | 0.0884 |
| March 31, 2015 | 0.0956 |
| December 31, 2014 | 0.1003 |
| September 30, 2014 | 0.103 |
| June 30, 2014 | 0.1047 |
| March 31, 2014 | 0.1064 |
| December 31, 2013 | 0.1205 |
| September 30, 2013 | 0.1273 |
| June 30, 2013 | 0.1338 |
| March 31, 2013 | 0.1366 |
| December 31, 2012 | 0.1375 |
| September 30, 2012 | 0.1465 |
| June 30, 2012 | 0.154 |
| March 31, 2012 | 0.1605 |
| December 31, 2011 | 0.1651 |
| September 30, 2011 | 0.1702 |
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
0.3466
Minimum
Dec 2023
1.297
Maximum
Mar 2020
0.7282
Average
0.6459
Median
Mar 2022
Debt to Equity Ratio Benchmarks
| L3Harris Technologies Inc | 0.6994 |
| Standex International Corp | 0.2396 |
| Gunther International Ltd | -- |
| Megatech Corp | -- |
| Optex Systems Holdings Inc | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.113B |
| Total Liabilities (Quarterly) | 535.10M |
| Shareholders Equity (Quarterly) | 577.00M |
| Current Ratio | 2.079 |
| Net Debt Paydown Yield | 0.94% |