Spruce Ridge Resources

Spruce Ridge Resources Equity Ratio

The Equity Ratio of Spruce Ridge Resources (SHL.V) as of Oct 9, 2026 is 97.05 %. In the previous year, Equity Ratio was 94.20 % — a change of 3.03% (higher).

Equity Ratio

97.05 %

YoY

3.03%

Last updated:

Equity Ratio of Spruce Ridge Resources is 2026 97.05 % . Equity Ratio of Spruce Ridge Resources was 2025 94.20 % . It decreases by 3.03% higher compared to the previous year.

The Spruce Ridge Resources Equity Ratio history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Equity Ratio
Date
Equity Ratio
Jan 1, 2019
71.75 CAD
Jan 1, 2020
96.74 CAD
Jan 1, 2021
94.39 CAD
Jan 1, 2022
96.36 CAD
Jan 1, 2023
98.49 CAD
Jan 1, 2024
90.81 CAD
Jan 1, 2025
94.20 CAD
Jan 1, 2026
97.05 CAD
The Spruce Ridge Resources Equity Ratio history
YEAREquity RatioYoY
97.05 %+3.03%
94.20 %+3.74%
90.81 %-7.81%
98.49 %+2.21%
96.36 %+2.09%
94.39 %-2.42%
96.74 %+34.82%
71.75 %+25.87%
57.01 %-20.51%
71.72 %+40.25%
51.14 %-13.27%
58.96 %-8.88%
64.70 %—
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Spruce Ridge Resources Stock analysis

What does Spruce Ridge Resources do? Spruce Ridge Resources is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Spruce Ridge Resources stock

Equity Ratio of Spruce Ridge Resources is 97.05 % in 2026.

Equity Ratio of Spruce Ridge Resources changed from 94.20 % to 97.05 %, representing a 3.03% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Equity Ratio Spruce Ridge Resources since 2006 – with annual values, charts, and detailed analysis.

The equity ratio measures the proportion of total assets financed by shareholders' equity. Higher ratios indicate stronger financial independence and lower leverage.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Equity Ratio's Spruce Ridge Resources with sector peers and the industry average to assess whether it is attractive.

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Leverage — Spruce Ridge Resources

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