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
DateValue
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