Toro TORO
NASDAQ TORO
$6.36 +0.10 (+1.60%)
At close: Sep 4, 2026 · 4:00 PM EDT

Toro (TORO) Debt Ratio (2021 - 2023)

Toro's (TORO) quarterly Debt Ratio came in at 0.02 in Q4 2023, down 79.61% year-over-year from 0.08 in Q4 2022, and down 14.1% quarter-over-quarter from 0.02 in Q3 2023.

Analysis

Toro (TORO) Debt Ratio (2021 - 2023) Analysis & Trends

Toro has disclosed Debt Ratio across 3 years of filings, most recently posting 0.02 for Q4 2023.

  • In Q4 2023, Debt Ratio fell 79.61% year-over-year to 0.02; the TTM figure through Dec 2023 stood at 0.02 (down 79.61% YoY), while the FY2023 annual figure was 0.02, down 79.61% from the prior year.
  • Debt Ratio came in at 0.02 for Q4 2023 at Toro, down from 0.02 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.15 in Q4 2021 to a low of 0.02 in Q4 2023.
  • Average Debt Ratio over 3 years is 0.06, with a median of 0.05 recorded in 2023.
  • Year-over-year, Debt Ratio sank 44.29% in 2022 and slumped 79.61% in 2023.
  • Over 3 years, Debt Ratio stood at 0.15 in 2021, then plunged by 44.29% to 0.08 in 2022, then tumbled by 79.61% to 0.02 in 2023.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.02 in Q4 2023, 0.02 in Q3 2023, and 0.02 in Q2 2023.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Frontline 10.27 Bn 9.94 Bn - 0.42
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn 0.17
3 Matson 6.74 Bn 6.62 Bn - 0.08
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn 0.23
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn 0.31
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn -
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn 0.16
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn 0.28
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn 0.28
10 Toro 113.76 Mn 113.76 Mn 3.63 Mn -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2023 0.02
Sep 30, 2023 0.02
Jun 30, 2023 0.02
Mar 31, 2023 0.07
Dec 31, 2022 0.08
Dec 31, 2021 0.15