Debt to Equity Ratio Analysis of Algonquin Power Utilities Corp - Deep Dive
Latest FY Debt to Equity
Period Ending - Dec-23
Excellent Debt to Equity
0.123
Period Ending - Dec-22
Excellent Debt to Equity
0.081
Growth
52.17 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Excellent Debt to Equity
0.0494
Debt to Equity Analysis of Algonquin Power Utilities Corp
Debt to Equity Ratio 0.123 of Algonquin Power Utilities Corp indicates to run a business company uses lower amount of long-term debt. |
Debt to Equity Ratio of AQNB rose handsomely by 52.17 % this year. |
Debt to Equity Ratio of AQNB trending up for at least three Years. |
Debt to Equity Ratio with value of 0.0269 was lowest in Year Dec-20 in last Five Years. |
Latest Debt to Equity Ratio with value of 0.123 is lower than Average Debt to Equity of 0.261 in last five years. |
Other Debt to Equity Related Info of AQNB that may interest you.
Algonquin Power Utilities Corp Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
AQNB | 25.11 | 25.07 | 0.160 % | Multiline Utilities |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..Debt to Equity Related Ratios
ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
Mild Stability |
FY - Historical Debt to Equity Ratio of Algonquin Power Utilities Corp
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Debt to Equity | 0.123 | 0.081 | 0.061 | 0.0269 | 1.01 | 1.05 | 1.13 |
Change | 52.17 % | 33.31 % | 126.30 % | -97.35 % | -3.37 % | -7.34 % | -49.18 % |
FY Chart of Debt to Equity Ratio of Algonquin Power Utilities Corp
Note : All Data Generated at the End of Trading Hours (EOD Data)