Toro (TORO) Debt to Equity (2021 - 2023)

Toro (TORO) reported Debt to Equity of $0.03 for Q4 2023, down 68.51% year-over-year from $0.09 in Q4 2022, and down 20.42% sequentially from $0.04 in Q3 2023.

Toro (TORO) Debt to Equity (2021 - 2023) Analysis & Trends

Toro's Debt to Equity history runs 3 years deep, the most recent figure standing at $0.03 for Q4 2023.

  • Quarterly Debt to Equity fell 68.51% year-over-year to $0.03 in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $0.03 (down 68.51% YoY) and the FY2023 annual result came in at $0.03, down 68.51% from the prior year.
  • Debt to Equity was $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.
  • Median Debt to Equity over the past 3 years was $0.07 (2022), compared with a mean of $0.11.
  • Across the five-year window, Debt to Equity slumped 39.08% in 2022 and slumped 68.51% in 2023, its largest moves.
  • Over 3 years, Debt to Equity stood at $0.15 in 2021, then plunged by 39.08% to $0.09 in 2022, then plunged by 68.51% to $0.03 in 2023.
  • Business Quant data shows TORO's Debt to Equity at $0.03 in Q4 2023, $0.04 in Q3 2023, and $0.05 in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 1.66
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 1.02
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 1.12
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 2.01
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 5.85
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 1.79
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 1.43
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 182.28
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 3.41
10 Toro - - - -

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