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Dt Midstream Inc 's Tangible Leverage Ratio
DTM's quarterly Tangible Leverage Ratio and Total Liabilities, Tangible Equity growth
Despite a net increase in borrowings by 1.25%, Dt Midstream Inc managed to enhance Tangible Leverage Ratio in the forth quarter 2023 to 2.63, surpassing the average for Dt Midstream Inc 's Tangible Leverage Ratio.
Within Natural Gas Utilities industry in the forth quarter 2023, 4 other companies have achieved lower Tangible Leverage Ratio than Dt Midstream Inc in the IV Quarter 2023. While Tangible Leverage Ratio total ranking has deteriorated compared to the third quarter 2023 from 635 to 874 .
Explain Tangible Leverage Ratio?
What is DTM Market Share?
What are DTM´s Total Liabilities?
Select the Comparisons :
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Select the Ratio:
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Tangible Leverage Ratio ▼
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Tangible Leverage Ratio ▼
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DTM Tangible Leverage Ratio |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Y / Y Tangible Equity Change |
11.05 % |
9.49 % |
11.79 % |
12.29 % |
12.96 % |
Y / Y Total Liabilities Change |
0.35 % |
7.7 % |
7.45 % |
15.14 % |
12.81 % |
Tangible Leverage Ratio MRQ |
2.63 |
2.71 |
2.71 |
2.95 |
2.91 |
DTM's Total
Ranking |
# 874 |
# 635 |
# 625 |
# 2136 |
# 682 |
Seq. Tangible Equity Change |
4.13 % |
2.32 % |
2.68 % |
1.51 % |
2.67 % |
Seq. Total Liabilities Change |
1.25 % |
2.33 % |
-5.73 % |
2.74 % |
8.67 % |
Tangible Leverage Ratio forth quarter 2023 Company Ranking |
Within: |
No. |
Natural Gas Utilities Industry |
# 5 |
Utilities Sector |
# 12 |
Overall Market |
# 874 |
Tangible Leverage Ratio Statistics |
High |
Average |
Low |
1.19 |
1.1 |
1.04 |
(Mar 31 2023) |
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(Jun 30 2021) |
Cumulative Dt Midstream Inc 's Tangible Leverage Ratio
DTM's Tangible Leverage Ratio for the trailling 12 Months
DTM Tangible Leverage Ratio |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
(Mar 31 2023) I. Quarter |
(Dec 31 2022) IV. Quarter |
Y / Y Tangible Equity TTM Growth |
11.05 % |
9.49 % |
11.79 % |
12.29 % |
12.96 % |
Y / Y Total Liabilities TTM Growth |
0.35 % |
7.7 % |
7.45 % |
15.14 % |
12.81 % |
Tangible Leverage Ratio TTM |
2.75 |
2.82 |
2.83 |
2.86 |
2.84 |
Total
Ranking TTM |
# 5
| # 1
| # 8
| # 8
| # 5
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Seq. Tangible Equity TTM Growth |
4.13 % |
2.32 % |
2.68 % |
1.51 % |
2.67 % |
Seq. Total Liabilities TTM Growth |
1.25 % |
2.33 % |
-5.73 % |
2.74 % |
8.67 % |
On the trailing twelve months basis Despite of the net new borrowings of 1.25% during the twelve months period ending in IV Quarter 2023 Dt Midstream Inc has managed to decrease Tangible Leverage Ratio in the IV Quarter 2023 to 2.75, above the DTM's average Tangible Leverage Ratio. Tangible Leverage Ratio is the average cumulative value over the last four quarters.
Among companies in the Natural Gas Utilities industry DTM recorded the lowest Tangible Leverage Ratio. While Tangible Leverage Ratio total ranking has deteriorated during the twelve months ending in the IV Quarter 2023, compared to the prior period, from 1 to 5.
Explain Tangible Leverage Ratio?
What is DTM Market Share?
What are DTM´s Total Liabilities?
TTM Tangible Leverage Ratio Company Ranking |
Within: |
No. |
Within the Natural Gas Utilities Industry |
# 0 |
Utilities Sector |
# 0 |
Within the Market |
# 5 |
trailing twelve months Tangible Leverage Ratio Statistics |
High |
Average |
Low |
1.12 |
1.07 |
1.03 | (Sep 30 2023) |
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(Dec 31 2021) |
Companies with similar Tangible Leverage Ratio in the quarter ending Dec 31 2023, within Natural Gas Utilities Industry | Tangible Leverage Ratio | Dec 31 2023 MRQ Total Liabilities | Dec 31 2023 MRQ Tangible Equity | Williams Companies Inc | 4.34 | $ 31,695.000 Millions | $ 7,298.000 Millions | Nextdecade Corporation | 4.10 | $ 3,035.878 Millions | $ 740.434 Millions | Kinder Morgan Inc | 4.07 | $ 39,326.000 Millions | $ 9,651.000 Millions | Cheniere Energy Inc | 3.65 | $ 32,968.000 Millions | $ 9,020.000 Millions | Antero Midstream Corporation | 3.55 | $ 3,320.008 Millions | $ 936.300 Millions | Northwest Natural Holding Company | 3.36 | $ 3,769.425 Millions | $ 1,120.494 Millions | Spire Inc | 3.30 | $ 6,192.200 Millions | $ 1,879.200 Millions | Energy Transfer Lp | 2.95 | $ 99,343.000 Millions | $ 33,681.000 Millions | Southwest Gas Holdings Inc | 2.92 | $ 7,348.863 Millions | $ 2,520.307 Millions | Kodiak Gas Services Inc | 2.72 | $ 1,940.528 Millions | $ 714.212 Millions | Dt Midstream Inc | 2.63 | $ 4,843.000 Millions | $ 1,839.000 Millions | Oneok Inc | 2.41 | $ 24,635.000 Millions | $ 10,216.000 Millions | One Gas Inc | 2.39 | $ 5,535.782 Millions | $ 2,314.305 Millions | Archrock inc | 2.10 | $ 1,762.001 Millions | $ 840.839 Millions | New Jersey Resources Corporation | 1.88 | $ 3,875.775 Millions | $ 2,066.201 Millions | Rgc Resources Inc | 1.72 | $ 177.589 Millions | $ 103.545 Millions | National Fuel Gas Company | 1.07 | $ 3,391.247 Millions | $ 3,168.526 Millions | Atmos Energy Corp | 0.82 | $ 8,614.676 Millions | $ 10,451.916 Millions | Hf Sinclair Corporation | 0.75 | $ 5,474.867 Millions | $ 7,259.554 Millions | Chesapeake Utilities Corporation | 0.56 | $ 402.641 Millions | $ 721.065 Millions |
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