Debt to Equity Ratio Analysis of Alliance Resource Partners LP - Deep Dive
Latest FY Debt to Equity
Period Ending - Dec-23
Excellent Debt to Equity
0.184
Period Ending - Dec-22
Excellent Debt to Equity
0.283
Growth
-35.06 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Excellent Debt to Equity
0.227
Debt to Equity Analysis of Alliance Resource Partners LP
Debt to Equity Ratio 0.184 of Alliance Resource Partners LP indicates to run a business company uses lower amount of long-term debt. |
Debt to Equity Ratio of ARLP drastically fell by -35.06 % this year. |
Debt to Equity Ratio with value of 0.627 was highest in Year Dec-19 in last Five Years. |
Debt to Equity Ratio of ARLP trending down for at least three Years. |
Latest Debt to Equity Ratio with value of 0.184 is lower than Average Debt to Equity of 0.401 in last five years. |
Other Debt to Equity Related Info of ARLP that may interest you.
Alliance Resource Partners LP Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
ARLP | 23.49 | 23.5 | 0.0426 % | Thermal Coal |
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 Ratio Formula Debt to Equity Ratio Formula](https://my.stockaio.com/help/template/FinDef/SolvencyRatios/DebtToEquity.jpg)
Debt to Equity Related Ratios
ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
Excellent Stability |
FY - Historical Debt to Equity Ratio of Alliance Resource Partners LP
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Debt to Equity | 0.184 | 0.283 | 0.357 | 0.555 | 0.627 | 0.592 | 0.449 |
Change | -35.06 % | -20.72 % | -35.69 % | -11.41 % | 5.91 % | 31.79 % | -14.85 % |
FY Chart of Debt to Equity Ratio of Alliance Resource Partners LP
Note : All Data Generated at the End of Trading Hours (EOD Data)