Tidewater Midstream and Infrastructure Ltd (TWM.TO)
0.73
-0.01
(-1.35%)
CAD |
TSX |
Apr 25, 16:00
Tidewater Midstream and Infrastructure Debt to Equity Ratio: 2.302 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 2.302 |
| September 30, 2023 | 1.444 |
| June 30, 2023 | 1.318 |
| March 31, 2023 | 1.203 |
| December 31, 2022 | 1.048 |
| September 30, 2022 | 0.8778 |
| June 30, 2022 | 1.079 |
| March 31, 2022 | 1.034 |
| December 31, 2021 | 1.111 |
| September 30, 2021 | 1.057 |
| June 30, 2021 | 1.544 |
| March 31, 2021 | 1.985 |
| December 31, 2020 | 2.005 |
| September 30, 2020 | 2.143 |
| June 30, 2020 | 2.141 |
| March 31, 2020 | 2.128 |
| December 31, 2019 | 1.782 |
| Date | Value |
|---|---|
| September 30, 2019 | 1.119 |
| June 30, 2019 | 0.9883 |
| March 31, 2019 | 0.814 |
| December 31, 2018 | 0.7437 |
| September 30, 2018 | 0.6886 |
| June 30, 2018 | 0.5683 |
| March 31, 2018 | 0.4473 |
| December 31, 2017 | 0.4117 |
| September 30, 2017 | 0.2016 |
| June 30, 2017 | 0.1453 |
| March 31, 2017 | 0.0564 |
| December 31, 2016 | 0.1334 |
| September 30, 2016 | 0.00 |
| June 30, 2016 | 0.00 |
| March 31, 2016 | 0.00 |
| September 30, 2015 | 0.00 |
| June 30, 2015 | 1.577 |
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
0.8778
Minimum
Sep 2022
2.302
Maximum
Dec 2023
1.49
Average
1.318
Median
Jun 2023
Debt to Equity Ratio Benchmarks
| TC Energy Corp | 2.139 |
| Topaz Energy Corp | 0.3149 |
| Enbridge Inc | 1.321 |
| Pembina Pipeline Corp | 0.6639 |
| Gibson Energy Inc | 2.972 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.604B |
| Total Liabilities (Quarterly) | 1.263B |
| Shareholders Equity (Quarterly) | 310.80M |
| Current Ratio | 0.6529 |
| Net Debt Paydown Yield | -2.94% |