Tourmaline Oil Corp (TOU.TO)
63.73
+0.20
(+0.31%)
CAD |
TSX |
Nov 04, 16:00
Tourmaline Oil Debt to Equity Ratio: 0.1006 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 0.1006 |
| March 31, 2024 | 0.0943 |
| December 31, 2023 | 0.0785 |
| September 30, 2023 | 0.0344 |
| June 30, 2023 | 0.0447 |
| March 31, 2023 | 0.0339 |
| December 31, 2022 | 0.0452 |
| September 30, 2022 | 0.0309 |
| June 30, 2022 | 0.039 |
| March 31, 2022 | 0.0535 |
| December 31, 2021 | 0.0749 |
| September 30, 2021 | 0.1312 |
| June 30, 2021 | 0.1724 |
| March 31, 2021 | 0.1626 |
| December 31, 2020 | 0.2205 |
| September 30, 2020 | 0.2118 |
| June 30, 2020 | 0.2291 |
| March 31, 2020 | 0.2034 |
| December 31, 2019 | 0.208 |
| September 30, 2019 | 0.2281 |
| June 30, 2019 | 0.2015 |
| March 31, 2019 | 0.1929 |
| December 31, 2018 | 0.1957 |
| September 30, 2018 | 0.1827 |
| June 30, 2018 | 0.1919 |
| Date | Value |
|---|---|
| March 31, 2018 | 0.194 |
| December 31, 2017 | 0.2135 |
| September 30, 2017 | 0.2014 |
| June 30, 2017 | 0.2034 |
| March 31, 2017 | 0.1978 |
| December 31, 2016 | 0.2087 |
| September 30, 2016 | 0.2252 |
| June 30, 2016 | 0.2439 |
| March 31, 2016 | 0.304 |
| December 31, 2015 | 0.2434 |
| September 30, 2015 | 0.2227 |
| June 30, 2015 | 0.2411 |
| March 31, 2015 | 0.2577 |
| December 31, 2014 | 0.2077 |
| September 30, 2014 | 0.1857 |
| June 30, 2014 | 0.1749 |
| March 31, 2014 | 0.1548 |
| December 31, 2013 | 0.1762 |
| September 30, 2013 | 0.1567 |
| June 30, 2013 | 0.0951 |
| March 31, 2013 | 0.0524 |
| December 31, 2012 | 0.1326 |
| September 30, 2012 | 0.0871 |
| June 30, 2012 | 0.1376 |
| March 31, 2012 | 0.0919 |
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
0.0309
Minimum
Sep 2022
0.2291
Maximum
Jun 2020
0.1142
Average
0.0943
Median
Mar 2024
Debt to Equity Ratio Benchmarks
| Crew Energy Inc | 0.0733 |
| Topaz Energy Corp | 0.3752 |
| ARC Resources Ltd | 0.1808 |
| Suncor Energy Inc | 0.2568 |
| Canadian Natural Resources Ltd | 0.2514 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 19.88B |
| Total Liabilities (Quarterly) | 5.844B |
| Shareholders Equity (Quarterly) | 14.04B |
| Current Ratio | 1.114 |
| Net Debt Paydown Yield | -0.88% |