Zenith Energy Ltd (ZENAF)
0.1014
0.00 (0.00%)
USD |
OTCM |
Nov 06, 16:00
Zenith Energy Debt to Equity Ratio: 0.834 for March 31, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| March 31, 2024 | 0.834 |
| September 30, 2023 | 0.4777 |
| March 31, 2023 | 0.3704 |
| September 30, 2022 | 0.2464 |
| Date | Value |
|---|---|
| March 31, 2022 | 0.1779 |
| 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
0.4717
Average
0.4241
Median
Debt to Equity Ratio Benchmarks
| Gran Tierra Energy Inc | 1.718 |
| FEC Resources Inc | -- |
| Canadian Overseas Petroleum Ltd | -- |
| Sunshine Oilsands Ltd | 6.130 |
| Greenfire Resources Ltd | 0.5823 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 103.62M |
| Total Liabilities (Quarterly) | 66.64M |
| Shareholders Equity (Quarterly) | 36.99M |
| Current Ratio | 0.2998 |