Tourmaline Oil Debt to Equity Ratio 2022-2023 | TRMLF
Current and historical debt to equity ratio values for Tourmaline Oil (TRMLF) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Tourmaline Oil debt/equity for the three months ending December 31, 2023 was 0.08.
| Tourmaline Oil Debt/Equity Ratio Historical Data |
| Date |
Long Term Debt |
Shareholder's Equity |
Debt to Equity Ratio |
| 2023-12-31 |
$4.51B |
$10.38B |
0.43 |
| 2023-09-30 |
$3.54B |
$9.72B |
0.36 |
| 2023-06-30 |
$3.37B |
$9.78B |
0.35 |
| 2023-03-31 |
$3.57B |
$9.76B |
0.37 |
| 2022-12-31 |
$4.01B |
$10.53B |
0.38 |
| 2022-09-30 |
$4.24B |
$11.12B |
0.38 |
| 2022-06-30 |
$3.09B |
$9.22B |
0.34 |
| 2022-03-31 |
$3.17B |
$9.06B |
0.35 |
| 2021-12-31 |
$2.94B |
$9.26B |
0.32 |
| 2021-09-30 |
$3.41B |
$8.44B |
0.40 |
| 2021-06-30 |
$2.95B |
$7.76B |
0.38 |
| 2021-03-31 |
$2.57B |
$7.49B |
0.34 |
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil & Gas - Canadian Exploration & Production |
$16.801B |
$4.968B |
|
Tourmaline Oil Corp. is an active natural gas producer dedicated to producing the lowest-emission and lowest-cost natural gas principally in North America. Tourmaline Oil Corp. is based in CALGARY, AB.
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