Tennant CompanyTNCNYSE
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Debt to Assets Over Time
Below historical average, strong compound growth.
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Debt-to-assets ratio
Latest
0.21
↓ 17% below average
Average (9y)
0.26
Historical baseline
Range
High:0.38
Low:0.06
CAGR
+15.8%
Consistent expansion
| Period | Value | Change |
|---|---|---|
| 2024 | 0.21 | -1.9% |
| 2023 | 0.22 | -28.9% |
| 2022 | 0.31 | +5.1% |
| 2021 | 0.29 | -10.8% |
| 2020 | 0.33 | -10.0% |
| 2019 | 0.36 | +1.5% |
| 2018 | 0.36 | -5.6% |
| 2017 | 0.38 | +392.4% |
| 2016 | 0.08 | +35.0% |
| 2015 | 0.06 | - |