Suburban Propane Partners (SPH) Debt Ratio (2009 - 2023)

Suburban Propane Partners (SPH) posted quarterly Debt Ratio of 0.08 for Q4 2023, down 86.38% on a QoQ basis from 0.59 in Q3 2020.

Suburban Propane Partners (SPH) Debt Ratio (2009 - 2023) Analysis & Trends

Suburban Propane Partners (SPH) has reported Debt Ratio for 13 consecutive years, with 0.08 the latest figure, recorded in Q4 2023.

  • In Q4 2023, Debt Ratio changed N/A year-over-year to 0.08; the TTM figure through Dec 2023 stood at 0.08 (changed N/A YoY), while the FY2020 annual figure was 0.59, down 3.73% from the prior year.
  • Debt Ratio came in at 0.08 for Q4 2023 at Suburban Propane Partners, down from 0.59 in the prior quarter.
  • The five-year high for Debt Ratio was 0.61 in Q3 2019, with the low at 0.08 in Q4 2023.
  • Average Debt Ratio over 3 years is 0.53, with a median of 0.59 recorded in 2019.
  • Across the five-year window, Debt Ratio rose 2.92% in 2019 and fell 3.73% in 2020, its largest moves.
  • Year by year, Debt Ratio stood at 0.59 in 2019, then climbed by 0.21% to 0.59 in 2020, then tumbled by 86.38% to 0.08 in 2023.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.08, 0.59, and 0.59 for Q4 2023, Q3 2020, and Q2 2020 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Atmos Energy 28.80 Bn 28.68 Bn - 0.31
2 Nisource 22.46 Bn 24.65 Bn 1.83 Bn 0.46
3 Ugi 7.39 Bn 6.84 Bn 1.50 Bn 0.42
4 New Jersey Resources 5.67 Bn 5.53 Bn 826.91 Mn 0.43
5 Black Hills 5.61 Bn 5.58 Bn - 0.39
6 ONE Gas 4.80 Bn 4.77 Bn 438.14 Mn 0.27
7 Mdu Resources 4.26 Bn 4.20 Bn - 0.34
8 Chesapeake Utilities 2.94 Bn 2.94 Bn 102.40 Mn 0.05
9 Centuri Holdings 2.87 Bn 2.82 Bn 35.76 Mn 0.28
10 Suburban Propane Partners 1.16 Mn -3.13 Mn 343.71 Mn -

Historic Data

Download Data
DateValue
Dec 30, 2023 0.08
Sep 26, 2020 0.59
Jun 27, 2020 0.59
Mar 28, 2020 0.58
Dec 28, 2019 0.59
Sep 28, 2019 0.61
Jun 29, 2019 0.61
Mar 30, 2019 0.59
Dec 29, 2018 0.60
Sep 29, 2018 0.60
Jun 30, 2018 0.59
Mar 31, 2018 0.58
Dec 30, 2017 0.59
Sep 30, 2017 0.59
Jun 24, 2017 0.57
Mar 25, 2017 0.54
Dec 24, 2016 0.54
Sep 24, 2016 0.54
Jun 25, 2016 0.52
Mar 26, 2016 0.51