Suburban Propane Partners (SPH) Debt to Equity (2009 - 2023)
Suburban Propane Partners (SPH) recorded quarterly Debt to Equity of $0.34 in Q4 2023, down 89.83% quarter-over-quarter from $3.34 in Q3 2020.
Suburban Propane Partners (SPH) Debt to Equity (2009 - 2023) Analysis & Trends
Suburban Propane Partners' Debt to Equity history runs 13 years deep, the most recent figure standing at $0.34 for 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 was $0.34 for Q4 2023 at Suburban Propane Partners, down from $3.34 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $3.34 in Q3 2020 to a low of $0.34 in Q4 2023.
- Historically, Debt to Equity has averaged $2.47 across 3 years, with a median of $2.78 in 2019.
- The sharpest annual moves came in 2019 and 2020: Debt to Equity gained 7.0% in 2019, then rose 22.36% in 2020.
- A 3-year view of Debt to Equity shows it stood at $3.01 in 2019, then rose by 11.04% to $3.34 in 2020, then slumped by 89.83% to $0.34 in 2023.
- The last three Debt to Equity figures came in at $0.34 (Q4 2023), $3.34 (Q3 2020), and $2.9 (Q2 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Atmos Energy | 28.34 Bn | 28.21 Bn | - | 0.64 |
| 2 | Nisource | 22.33 Bn | 24.52 Bn | 1.83 Bn | 1.40 |
| 3 | Ugi | 7.49 Bn | 6.94 Bn | 1.50 Bn | 1.25 |
| 4 | New Jersey Resources | 5.59 Bn | 5.45 Bn | 826.91 Mn | 1.30 |
| 5 | Black Hills | 5.49 Bn | 5.46 Bn | - | 1.05 |
| 6 | ONE Gas | 4.93 Bn | 4.91 Bn | 438.14 Mn | 0.68 |
| 7 | Mdu Resources | 4.39 Bn | 4.33 Bn | - | 0.89 |
| 8 | Centuri Holdings | 3.01 Bn | 2.95 Bn | 35.76 Mn | 0.74 |
| 9 | Chesapeake Utilities | 2.96 Bn | 2.96 Bn | 102.40 Mn | 0.12 |
| 10 | Suburban Propane Partners | 1.28 Mn | -3.01 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 |