Toro Corp (TORO)
4.17
+0.18
(+4.51%)
USD |
NASDAQ |
Apr 26, 16:00
4.15
-0.02
(-0.48%)
After-Hours: 20:00
Toro Debt to Equity Ratio: 0.0176 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.0176 |
| September 30, 2023 | 0.0206 |
| June 30, 2023 | |
| March 31, 2023 | |
| December 31, 2022 | 0.093 |
| Date | Value |
|---|---|
| September 30, 2022 | 0.1066 |
| June 30, 2022 | |
| March 31, 2022 | |
| December 31, 2021 | 0.1538 |
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
0.0176
Minimum
Dec 2023
0.1538
Maximum
Dec 2021
0.0783
Average
0.093
Median
Dec 2022
Debt to Equity Ratio Benchmarks
| SFL Corp Ltd | 2.065 |
| Costamare Inc | 0.9848 |
| Siem Industries Inc | -- |
| United Maritime Corp | 0.9797 |
| Nordic American Tankers Ltd | 0.5603 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 308.10M |
| Total Liabilities (Quarterly) | 11.76M |
| Shareholders Equity (Quarterly) | 296.34M |
| Current Ratio | 21.01 |
| Net Debt Paydown Yield | 1.82% |