Toro (TORO) Debt Ratio (2021 - 2023)

Toro (TORO) reported Debt Ratio of 0.02 for Q4 2023, down 79.75% year-over-year from 0.08 in Q4 2022, and down 14.1% sequentially from 0.02 in Q3 2023.

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

Toro's Debt Ratio history runs 3 years deep, the most recent figure standing at 0.02 for Q4 2023.

  • Quarterly Debt Ratio fell 79.75% year-over-year to 0.02 in Q4 2023, while the trailing twelve-month figure through Dec 2023 was 0.02 (down 79.75% YoY) and the FY2023 annual result came in at 0.02, down 79.75% from the prior year.
  • Debt Ratio was 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.
  • Median Debt Ratio over the past 3 years was 0.05 (2023), compared with a mean of 0.06.
  • Across the five-year window, Debt Ratio plunged 35.19% in 2022 and sank 79.75% in 2023, its largest moves.
  • Over 3 years, Debt Ratio stood at 0.13 in 2021, then slumped by 35.19% to 0.08 in 2022, then tumbled by 79.75% to 0.02 in 2023.
  • Business Quant data shows TORO's Debt Ratio at 0.02 in Q4 2023, 0.02 in Q3 2023, and 0.02 in Q2 2023.
Generated on {Timestamp} © BusinessQuant.com
Generated on {Timestamp} Powered by BusinessQuant Logo

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 0.47
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 0.44
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 0.42
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 0.47
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 0.71
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 0.60
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 0.47
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 0.83
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 0.65
10 Toro - - - -

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