Debt to Equity Ratio Analysis of Tennessee Valley Authority - Deep Dive
Latest FY Debt to Equity
Period Ending - Sep-23
Excellent Debt to Equity
0.0022
Period Ending - Sep-22
Excellent Debt to Equity
0.078
Growth
-97.21 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Excellent Debt to Equity
0.052
Debt to Equity Analysis of Tennessee Valley Authority
Debt to Equity Ratio 0.0022 of Tennessee Valley Authority indicates to run a business company uses lower amount of long-term debt. |
Debt to Equity Ratio of TVE drastically fell by -97.21 % this year. |
Debt to Equity Ratio with value of 0.078 was highest in Year Sep-22 in last Five Years. |
Debt to Equity Ratio with value of 0.0020 was lowest in Year Sep-19 in last Five Years. |
Latest Debt to Equity Ratio with value of 0.0022 is lower than Average Debt to Equity of 0.0205 in last five years. |
Other Debt to Equity Related Info of TVE that may interest you.
Tennessee Valley Authority Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
TVE | 21.86 | 21.59 | 1.25 % | Electrical Utilities & IPPs |
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 Tennessee Valley Authority
Period | Sep-23 | Sep-22 | Sep-21 | Sep-20 | Sep-19 | Sep-18 | Sep-17 |
---|---|---|---|---|---|---|---|
Debt to Equity | 0.0022 | 0.078 | 0.0047 | 0.0153 | 0.0020 | 2.08 | 2.35 |
Change | -97.21 % | 1561.43 % | -69.30 % | 673.86 % | -99.90 % | -11.75 % | -10.65 % |
FY Chart of Debt to Equity Ratio of Tennessee Valley Authority
Note : All Data Generated at the End of Trading Hours (EOD Data)