Topaz Energy Corp (TPZ.TO)
22.44
+0.17
(+0.76%)
CAD |
TSX |
May 02, 16:00
Topaz Energy Debt to Equity Ratio: 0.3149 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| 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 |
| June 30, 2022 | 0.1596 |
| March 31, 2022 | 0.1867 |
| Date | Value |
|---|---|
| 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
0.3484
Maximum
Sep 2022
0.1893
Average
0.209
Median
Dec 2021
Debt to Equity Ratio Benchmarks
| TC Energy Corp | 2.139 |
| Tidewater Midstream and Infrastructure Ltd | 2.302 |
| Enbridge Inc | 1.321 |
| Pembina Pipeline Corp | 0.6639 |
| Gibson Energy Inc | 2.820 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.647B |
| Total Liabilities (Quarterly) | 403.37M |
| Shareholders Equity (Quarterly) | 1.244B |
| Current Ratio | 8.523 |
| Net Debt Paydown Yield | 0.64% |