Suburban Propane Partners (SPH) Debt to Equity (2009 - 2023)
Suburban Propane Partners (SPH) posted quarterly Debt to Equity of $0.34 for Q4 2023, down 89.83% on a QoQ basis from $3.34 in Q3 2020.
Suburban Propane Partners (SPH) Debt to Equity (2009 - 2023) Analysis & Trends
Suburban Propane Partners (SPH) has reported Debt to Equity for 13 consecutive years, with $0.34 the latest figure, recorded in Q4 2023.
- In Q4 2023, Debt to Equity changed N/A year-over-year to $0.34; the TTM figure through Dec 2023 stood at $0.34 (changed N/A YoY), while the FY2020 annual figure was $3.34, up 15.35% from the prior year.
- Debt to Equity came in at $0.34 for Q4 2023 at Suburban Propane Partners, down from $3.34 in the prior quarter.
- The five-year high for Debt to Equity was $3.34 in Q3 2020, with the low at $0.34 in Q4 2023.
- Average Debt to Equity over 3 years is $2.47, with a median of $2.78 recorded in 2019.
- Across the five-year window, Debt to Equity grew 7.0% in 2019 and climbed 22.36% in 2020, its largest moves.
- Year by year, Debt to Equity stood at $3.01 in 2019, then climbed by 11.04% to $3.34 in 2020, then tumbled by 89.83% to $0.34 in 2023.
- According to Business Quant data, Debt to Equity over the past three periods registered $0.34, $3.34, and $2.9 for Q4 2023, Q3 2020, and Q2 2020 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.80 Bn | 28.68 Bn | - | 0.64 |
| 2 | Nisource | 22.46 Bn | 24.65 Bn | 1.83 Bn | 1.40 |
| 3 | Ugi | 7.39 Bn | 6.84 Bn | 1.50 Bn | 1.25 |
| 4 | New Jersey Resources | 5.67 Bn | 5.53 Bn | 826.91 Mn | 1.30 |
| 5 | Black Hills | 5.61 Bn | 5.58 Bn | - | 1.05 |
| 6 | ONE Gas | 4.80 Bn | 4.77 Bn | 438.14 Mn | 0.68 |
| 7 | Mdu Resources | 4.26 Bn | 4.20 Bn | - | 0.89 |
| 8 | Chesapeake Utilities | 2.94 Bn | 2.94 Bn | 102.40 Mn | 0.12 |
| 9 | Centuri Holdings | 2.87 Bn | 2.82 Bn | 35.76 Mn | 0.74 |
| 10 | Suburban Propane Partners | 1.16 Mn | -3.13 Mn | 343.71 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 30, 2023 | 0.34 |
| Sep 26, 2020 | 3.34 |
| Jun 27, 2020 | 2.90 |
| Mar 28, 2020 | 2.67 |
| Dec 28, 2019 | 3.01 |
| Sep 28, 2019 | 2.90 |
| Jun 29, 2019 | 2.42 |
| Mar 30, 2019 | 2.18 |
| Dec 29, 2018 | 2.66 |
| Sep 29, 2018 | 2.54 |
| Jun 30, 2018 | 2.18 |
| Mar 31, 2018 | 2.04 |
| Dec 30, 2017 | 2.37 |
| Sep 30, 2017 | 2.30 |
| Jun 24, 2017 | 1.94 |
| Mar 25, 2017 | 1.71 |
| Dec 24, 2016 | 1.77 |
| Sep 24, 2016 | 1.73 |
| Jun 25, 2016 | 1.51 |
| Mar 26, 2016 | 1.37 |