Toro (TORO) Debt Ratio (2021 - 2023)
Toro's (TORO) quarterly Debt Ratio came in at 0.02 in Q4 2023, down 79.75% year-on-year from 0.08 in Q4 2022, and down 14.1% quarter-over-quarter from 0.02 in Q3 2023.
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.
- Debt Ratio for Q4 2023 came in at 0.02, down 79.75% year-over-year; the trailing twelve-month figure through Dec 2023 was 0.02 (down 79.75% YoY), and the FY2023 annual result was 0.02, down 79.75% 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 0.13 in Q4 2021 to a low of 0.02 in Q4 2023.
- The 3-year median for Debt Ratio is 0.05 (2023), against an average of 0.06.
- Across the five-year window, Debt Ratio sank 35.19% in 2022 and slumped 79.75% in 2023, its largest moves.
- Toro's Debt Ratio stood at 0.13 in 2021, then tumbled by 35.19% to 0.08 in 2022, then plunged by 79.75% to 0.02 in 2023.
- The last three Debt Ratio figures came in at 0.02 (Q4 2023), 0.02 (Q3 2023), and 0.02 (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 0.47 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 0.42 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 0.44 |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 0.47 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 0.14 |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 0.60 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 0.71 |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 0.47 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 0.39 |
| 10 | Toro | 121.47 Mn | 121.47 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 0.13 |