Tidewater Midstream and Infrastructure Ltd (TWM.TO)
0.255
-0.04
(-12.07%)
CAD |
TSX |
Nov 04, 16:00
Tidewater Midstream and Infrastructure Debt to Equity Ratio: 1.576 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | 1.576 |
| March 31, 2024 | 1.626 |
| 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 |
| Date | Value |
|---|---|
| December 31, 2019 | 1.782 |
| 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
1.548
Average
1.544
Median
Jun 2021
Debt to Equity Ratio Benchmarks
| TC Energy Corp | 2.158 |
| Topaz Energy Corp | 0.3752 |
| Shoal Point Energy Ltd | -0.0686 |
| Bird River Resources Inc | -- |
| James Bay Resources Ltd | -- |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 1.282B |
| Total Liabilities (Quarterly) | 942.90M |
| Shareholders Equity (Quarterly) | 301.70M |
| Current Ratio | 0.6312 |
| Net Debt Paydown Yield | 25.86% |