True North Commercial REIT (TNT.UN.TO)
11.18
-0.42
(-3.62%)
CAD |
TSX |
Nov 14, 16:00
True North Commercial REIT Debt to Equity Ratio: 1.749 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 1.749 |
| March 31, 2024 | 1.822 |
| December 31, 2023 | 1.813 |
| September 30, 2023 | 1.773 |
| June 30, 2023 | 1.675 |
| March 31, 2023 | 1.657 |
| December 31, 2022 | 1.649 |
| September 30, 2022 | 1.543 |
| June 30, 2022 | 1.501 |
| March 31, 2022 | 1.511 |
| December 31, 2021 | 1.519 |
| September 30, 2021 | 1.508 |
| June 30, 2021 | 1.519 |
| March 31, 2021 | 1.528 |
| December 31, 2020 | 1.547 |
| September 30, 2020 | 1.550 |
| June 30, 2020 | 1.556 |
| March 31, 2020 | 1.521 |
| December 31, 2019 | 1.503 |
| September 30, 2019 | 1.214 |
| June 30, 2019 | 1.548 |
| March 31, 2019 | 1.564 |
| December 31, 2018 | 1.462 |
| Date | Value |
|---|---|
| September 30, 2018 | 1.457 |
| June 30, 2018 | 1.537 |
| March 31, 2018 | 1.330 |
| December 31, 2017 | 1.556 |
| September 30, 2017 | 1.342 |
| June 30, 2017 | 1.630 |
| March 31, 2017 | 1.416 |
| December 31, 2016 | 1.512 |
| September 30, 2016 | |
| June 30, 2016 | 1.931 |
| March 31, 2016 | 1.912 |
| December 31, 2015 | 1.874 |
| September 30, 2015 | 1.943 |
| June 30, 2015 | 1.787 |
| March 31, 2015 | 1.890 |
| December 31, 2014 | 1.844 |
| September 30, 2014 | 1.716 |
| June 30, 2014 | 1.857 |
| March 31, 2014 | 1.857 |
| December 31, 2013 | 2.009 |
| September 30, 2013 | 1.628 |
| June 30, 2013 | 1.686 |
| March 31, 2013 | 2.574 |
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
1.501
Minimum
Jun 2022
1.822
Maximum
Mar 2024
1.602
Average
1.547
Median
Dec 2020
Debt to Equity Ratio Benchmarks
| Melcor Developments Ltd | 0.5341 |
| Genesis Land Development Corp | -- |
| Emergia Inc | -- |
| Tempus Capital Inc | 1.495 |
| Nova Net Lease REIT | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.259B |
| Total Liabilities (Quarterly) | 818.79M |
| Shareholders Equity (Quarterly) | 440.00M |
| Current Ratio | 0.1389 |
| Net Debt Paydown Yield | 14.62% |