Topaz Energy Corp (TPZ.TO)
29.28
-0.02
(-0.07%)
CAD |
TSX |
Nov 22, 11:16
Topaz Energy Debt to Equity Ratio: 0.3645 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 0.3645 |
| June 30, 2024 | 0.3752 |
| March 31, 2024 | 0.3043 |
| December 31, 2023 | 0.3149 |
| September 30, 2023 | 0.3256 |
| June 30, 2023 | 0.3043 |
| March 31, 2023 | 0.3208 |
| December 31, 2022 | 0.341 |
| September 30, 2022 | 0.3484 |
| Date | Value |
|---|---|
| June 30, 2022 | 0.1596 |
| March 31, 2022 | 0.1867 |
| December 31, 2021 | 0.209 |
| September 30, 2021 | 0.2345 |
| June 30, 2021 | 0.0867 |
| March 31, 2021 | 0.00 |
| December 31, 2020 | 0.00 |
| September 30, 2020 | 0.0087 |
| June 30, 2020 | 0.00 |
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
--
Minimum
Jun 2020
0.3752
Maximum
Jun 2024
0.2158
Average
0.2694
Median
Debt to Equity Ratio Benchmarks
| TC Energy Corp | 2.376 |
| Tourmaline Oil Corp | 0.099 |
| Tidewater Midstream and Infrastructure Ltd | 1.758 |
| AltaGas Ltd | 1.283 |
| Gibson Energy Inc | 2.729 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.624B |
| Total Liabilities (Quarterly) | 472.79M |
| Shareholders Equity (Quarterly) | 1.151B |
| Current Ratio | 1.886 |
| Net Debt Paydown Yield | -0.13% |