Zenith Energy Ltd (ZENAF)
0.04
0.00 (0.00%)
USD |
OTCM |
Apr 29, 16:00
Zenith Energy Debt to Equity Ratio: 0.4777 for Sept. 30, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2023 | 0.4777 |
| March 31, 2023 | 0.3704 |
| September 30, 2022 | 0.2464 |
| March 31, 2022 | 0.1779 |
| Date | Value |
|---|---|
| September 30, 2021 | 0.1512 |
| March 31, 2021 | 0.5354 |
| September 30, 2020 | 0.9809 |
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
0.1512
Minimum
Sep 2021
0.9809
Maximum
Sep 2020
0.42
Average
0.3704
Median
Mar 2023
Debt to Equity Ratio Benchmarks
| FEC Resources Inc | -- |
| Sunshine Oilsands Ltd | 3.784 |
| Greenfire Resources Ltd | 0.5415 |
| Evolution Petroleum Corp | 0.00 |
| Houston American Energy Corp | 0.00 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 192.52M |
| Total Liabilities (Quarterly) | 130.94M |
| Shareholders Equity (Quarterly) | 61.58M |
| Current Ratio | 1.163 |