VersaBank (VBNK.TO)
23.86
-0.04
(-0.17%)
CAD |
TSX |
Nov 21, 16:00
VersaBank Debt to Equity Ratio: 0.2485 for July 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| July 31, 2024 | 0.2485 |
| April 30, 2024 | 0.2527 |
| January 31, 2024 | 0.2657 |
| October 31, 2023 | 0.2833 |
| July 31, 2023 | 0.2783 |
| April 30, 2023 | 0.2932 |
| January 31, 2023 | 0.2926 |
| October 31, 2022 | 0.2993 |
| July 31, 2022 | 0.2847 |
| April 30, 2022 | 0.2882 |
| January 31, 2022 | 0.29 |
| October 31, 2021 | 0.2869 |
| July 31, 2021 | 0.3796 |
| April 30, 2021 | 0.3816 |
| January 31, 2021 | 0.0188 |
| October 31, 2020 | 0.0534 |
| July 31, 2020 | 0.0554 |
| April 30, 2020 | 0.056 |
| January 31, 2020 | 0.1567 |
| October 31, 2019 | 0.1593 |
| July 31, 2019 | 0.1629 |
| April 30, 2019 | 0.1649 |
| January 31, 2019 | 0.1904 |
| October 31, 2018 | 0.193 |
| July 31, 2018 | 0.1975 |
| Date | Value |
|---|---|
| April 30, 2018 | 0.2002 |
| January 31, 2018 | 0.2042 |
| October 31, 2017 | 0.2064 |
| July 31, 2017 | |
| April 30, 2017 | |
| January 31, 2017 | 0.2344 |
| October 31, 2016 | 0.3102 |
| July 31, 2016 | 0.3128 |
| April 30, 2016 | 0.3152 |
| January 31, 2016 | 0.3268 |
| October 31, 2015 | 0.3292 |
| July 31, 2015 | 0.3338 |
| April 30, 2015 | 0.3348 |
| January 31, 2015 | 0.3733 |
| October 31, 2014 | 0.3759 |
| July 31, 2014 | 0.4209 |
| April 30, 2014 | 0.4229 |
| January 31, 2014 | 0.4273 |
| October 31, 2013 | 0.4788 |
| July 31, 2013 | 0.5104 |
| April 30, 2013 | 0.5127 |
| January 31, 2013 | 0.9905 |
| October 31, 2012 | 1.001 |
| July 31, 2012 | 0.5296 |
| April 30, 2012 |
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
0.0188
Minimum
Jan 2021
0.3816
Maximum
Apr 2021
0.235
Average
0.2833
Median
Oct 2023
Debt to Equity Ratio Benchmarks
| Propel Holdings Inc | 1.956 |
| Bank of Montreal | 3.057 |
| Canadian Imperial Bank of Commerce | 3.349 |
| First National Financial Corp | 61.77 |
| Trisura Group Ltd | 0.1315 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 4.516B |
| Total Liabilities (Quarterly) | 4.107B |
| Shareholders Equity (Quarterly) | 408.98M |
| Current Ratio | 88.94 |
| Net Debt Paydown Yield | 0.13% |