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
Download Data
Historic 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 | 0.15 |