Trane Technologies PLC (TT)
294.24
-0.86
(-0.29%)
USD |
NYSE |
Apr 24, 13:13
Trane Technologies Debt to Equity Ratio: 0.6833 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.6833 |
| September 30, 2023 | 0.7221 |
| June 30, 2023 | 0.8032 |
| March 31, 2023 | 0.8002 |
| December 31, 2022 | 0.7943 |
| September 30, 2022 | 0.8257 |
| June 30, 2022 | 0.845 |
| March 31, 2022 | 0.8074 |
| December 31, 2021 | 0.774 |
| September 30, 2021 | 0.7476 |
| June 30, 2021 | 0.7689 |
| March 31, 2021 | 0.7896 |
| December 31, 2020 | 0.8228 |
| September 30, 2020 | 0.8276 |
| June 30, 2020 | 0.8873 |
| March 31, 2020 | 0.9657 |
| December 31, 2019 | 0.7669 |
| September 30, 2019 | 0.7699 |
| June 30, 2019 | 0.8064 |
| March 31, 2019 | 0.8134 |
| December 31, 2018 | 0.5826 |
| September 30, 2018 | 0.5597 |
| June 30, 2018 | 0.6392 |
| March 31, 2018 | 0.6144 |
| December 31, 2017 | 0.5692 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.5995 |
| June 30, 2017 | 0.6049 |
| March 31, 2017 | 0.6185 |
| December 31, 2016 | 0.6126 |
| September 30, 2016 | 0.6017 |
| June 30, 2016 | 0.637 |
| March 31, 2016 | 0.7721 |
| December 31, 2015 | 0.7251 |
| September 30, 2015 | 0.7967 |
| June 30, 2015 | 0.754 |
| March 31, 2015 | 0.7938 |
| December 31, 2014 | 0.7055 |
| September 30, 2014 | 0.5622 |
| June 30, 2014 | 0.5581 |
| March 31, 2014 | 0.561 |
| December 31, 2013 | 0.4981 |
| September 30, 2013 | 0.4972 |
| June 30, 2013 | 0.6741 |
| March 31, 2013 | 0.4457 |
| December 31, 2012 | 0.4518 |
| September 30, 2012 | 0.4427 |
| June 30, 2012 | 0.4514 |
| March 31, 2012 | 0.5057 |
| December 31, 2011 | 0.5258 |
| September 30, 2011 | 0.4798 |
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
0.6833
Minimum
Dec 2023
0.9657
Maximum
Mar 2020
0.8004
Average
0.8002
Median
Mar 2023
Debt to Equity Ratio Benchmarks
| Ingersoll Rand Inc | 0.2784 |
| Eaton Corp PLC | 0.4869 |
| AAON Inc | 0.0521 |
| Lennox International Inc | 4.418 |
| Limbach Holdings Inc | 0.0795 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 19.39B |
| Total Liabilities (Quarterly) | 12.37B |
| Shareholders Equity (Quarterly) | 6.995B |
| Current Ratio | 1.135 |
| Net Debt Paydown Yield | 0.02% |