Var Energi ASA (VARRY)
6.16
+0.26
(+4.32%)
USD |
OTCM |
Nov 14, 13:14
Var Energi Debt to Equity Ratio: 3.565 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 3.565 |
| June 30, 2024 | 3.196 |
| March 31, 2024 | 3.071 |
| December 31, 2023 | 1.780 |
| September 30, 2023 | 3.485 |
| June 30, 2023 | 2.856 |
| March 31, 2023 | 2.293 |
| December 31, 2022 | 1.993 |
| Date | Value |
|---|---|
| September 30, 2022 | 2.573 |
| June 30, 2022 | 1.910 |
| March 31, 2022 | 1.745 |
| December 31, 2021 | 2.964 |
| September 30, 2021 | 2.872 |
| June 30, 2021 | |
| March 31, 2021 | |
| December 31, 2020 | 2.837 |
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
1.745
Minimum
Mar 2022
3.565
Maximum
Sep 2024
2.653
Average
2.847
Median
Debt to Equity Ratio Benchmarks
| Equinor ASA | 0.5885 |
| DNO ASA | 0.6339 |
| Archer Ltd | 2.216 |
| Aker BP ASA | 0.5348 |
| Panoro Energy ASA | 0.2761 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 23.33B |
| Total Liabilities (Quarterly) | 21.96B |
| Shareholders Equity (Quarterly) | 1.366B |
| Current Ratio | 0.7046 |
| Net Debt Paydown Yield | -4.72% |