Debt to Equity Ratio Analysis of Devon Energy Corporation - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Debt to Equity
Period Ending - Dec-23
Good Debt to Equity
0.510
Period Ending - Dec-22
Good Debt to Equity
0.577
Growth
-11.51 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Good Debt to Equity
0.508
Debt to Equity Analysis of Devon Energy Corporation
| Debt to Equity Ratio of DVN has fallen by -11.51 % Compared to previous Financial Year. |
| Debt to Equity Ratio with value of 1.63 was highest in Year Dec-20 in last Five Years. |
| Debt to Equity Ratio of DVN trending down for at least three Years. |
| Latest Debt to Equity Ratio with value of 0.510 is lower than Average Debt to Equity of 0.847 in last five years. |
Other Debt to Equity Related Info of DVN that may interest you.
Devon Energy Corporation Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| DVN | 49.62 | 49.24 | 0.772 % | Oil & Gas E&P |
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
| Good Stability | |
FY - Historical Debt to Equity Ratio of Devon Energy Corporation
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Debt to Equity | 0.510 | 0.577 | 0.730 | 1.63 | 0.785 | 0.647 | 1.12 |
| Change | -11.51 % | -20.99 % | -55.26 % | 107.78 % | 21.27 % | -42.43 % | -67.25 % |
FY Chart of Debt to Equity Ratio of Devon Energy Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)