Var Energi ASA (VARRY)
6.26
0.00 (0.00%)
USD |
OTCM |
May 16, 16:00
Var Energi Debt to Equity Ratio: 3.071 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| 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 |
| September 30, 2022 | 2.573 |
| Date | Value |
|---|---|
| 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
3.485
Maximum
Sep 2023
2.532
Average
2.705
Median
Debt to Equity Ratio Benchmarks
| Equinor ASA | 0.5075 |
| DNO ASA | 0.3526 |
| Archer Ltd | 2.394 |
| Aker BP ASA | 0.4627 |
| Panoro Energy ASA | 0.2944 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 22.13B |
| Total Liabilities (Quarterly) | 20.66B |
| Shareholders Equity (Quarterly) | 1.473B |
| Current Ratio | 0.683 |
| Net Debt Paydown Yield | -4.06% |