Toro (TORO) Debt to Equity (2021 - 2023)
Toro's (TORO) quarterly Debt to Equity came in at $0.03 in Q4 2023, down 68.51% year-on-year from $0.09 in Q4 2022, and down 20.42% quarter-over-quarter from $0.04 in Q3 2023.
Toro (TORO) Debt to Equity (2021 - 2023) Analysis & Trends
Toro has disclosed Debt to Equity across 3 years of filings, most recently posting $0.03 for Q4 2023.
- Debt to Equity for Q4 2023 came in at $0.03, down 68.51% year-over-year; the trailing twelve-month figure through Dec 2023 was $0.03 (down 68.51% YoY), and the FY2023 annual result was $0.03, down 68.51% from the prior year.
- Debt to Equity came in at $0.03 for Q4 2023 at Toro, down from $0.04 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $0.29 in Q1 2023 to a low of $0.03 in Q4 2023.
- The 3-year median for Debt to Equity is $0.07 (2022), against an average of $0.11.
- Across the five-year window, Debt to Equity tumbled 39.08% in 2022 and tumbled 68.51% in 2023, its largest moves.
- Toro's Debt to Equity stood at $0.15 in 2021, then sank by 39.08% to $0.09 in 2022, then sank by 68.51% to $0.03 in 2023.
- The last three Debt to Equity figures came in at $0.03 (Q4 2023), $0.04 (Q3 2023), and $0.05 (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 1.66 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.12 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.02 |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 2.01 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 1.79 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 5.85 |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 1.43 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 1.71 |
| 10 | Toro | 121.47 Mn | 121.47 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 0.03 |
| Sep 30, 2023 | 0.04 |
| Jun 30, 2023 | 0.05 |
| Mar 31, 2023 | 0.29 |
| Dec 31, 2022 | 0.09 |
| Dec 31, 2021 | 0.15 |