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
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 0.13