Tourmaline Oil Corp (TOU.TO)
61.25
0.00 (0.00%)
CAD |
TSX |
Dec 23, 10:20
Tourmaline Oil Debt to Equity Ratio: 0.099 for Sept. 30, 2024
Debt to Equity Ratio Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Data
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
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Debt to Equity Ratio Benchmarks
| Topaz Energy Corp | 0.3645 |
| ARC Resources Ltd | 0.1863 |
| Suncor Energy Inc | 0.2434 |
| Canadian Natural Resources Ltd | 0.2514 |
| Shoal Point Energy Ltd | -0.0588 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 20.25B |
| Total Liabilities (Quarterly) | 6.119B |
| Shareholders Equity (Quarterly) | 14.13B |
| Current Ratio | 1.012 |
| Net Debt Paydown Yield | -0.73% |