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| Date | Value |
|---|---|
| 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 |