Statistics Canada
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Table 1-7
Summary table — Debt to equity ratio by industries

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Debt to equity ratio by industries
  2004 2005 2006 2007 2008
  ratio
Total all industries 1.094 1.038 0.990 0.991 1.064
Total finance and insurance industries 0.969 0.947 0.919 0.950 0.978
Banking and other depository credit intermediation 1.025 0.704 0.676 0.783 0.795
Local credit unions 0.593 0.607 0.604 0.637 0.613
Non-depository credit intermediation 5.004 5.223 4.584 3.850 4.375
Central credit unions 0.668 0.564 0.767 0.676 0.349
Financial transactions processing, loan brokers and other activities related to credit intermediation 0.118 0.264 0.323 1.032 0.766
Securities and commodity contracts intermediation and brokerage 0.860 1.335 1.764 2.284 1.553
Securities and commodity exchanges and other financial investment activities 0.587 0.585 0.602 0.611 0.613
Life, health and medical insurance carriers 0.178 0.242 0.272 0.272 0.245
Property and casualty insurance carriers 0.027 0.021 0.013 0.021 0.024
Agencies, brokerages and other insurance related activities 0.674 0.743 0.671 0.677 0.770
Total non-financial industries 1.140 1.073 1.017 1.006 1.098
Agriculture, fishing, hunting, trapping and support activities 1.411 1.344 1.327 1.247 1.168
Forestry, logging and support activities 0.924 1.282 1.313 1.249 1.008
Oil and gas extraction and support activities 1.035 0.777 0.689 0.621 0.589
Mining and quarrying (except oil and gas) 0.510 0.508 0.564 0.503 0.798
Utilities 3.355 3.012 2.659 2.547 2.408
Construction 1.837 1.699 1.570 1.593 1.569
Food and soft drink manufacturing 0.953 0.940 0.925 0.869 0.917
Alcoholic beverage and tobacco manufacturing 0.931 0.816 0.818 1.025 1.187
Clothing, textile and leather manufacturing 1.099 1.043 0.979 0.979 1.531
Wood product manufacturing 0.622 0.715 0.651 0.609 0.612
Paper manufacturing 0.958 0.973 1.010 0.965 1.241
Printing and related support activities 0.496 0.486 0.535 0.614 0.813
Petroleum and coal products manufacturing 0.300 0.263 0.267 0.226 0.357
Basic chemical manufacturing 1.053 1.257 1.921 1.170 0.903
Resin, synthetic rubber, and artificial and synthetic fibres and filaments manufacturing 0.705 0.694 4.521 2.565 2.465
Pharmaceutical and medicine manufacturing 0.417 0.728 0.706 0.686 0.454
Soap, agriculture, paint and other chemical products manufacturing 0.774 0.816 0.790 0.795 0.957
Plastics and rubber products manufacturing 0.712 0.755 0.796 0.732 0.797
Non-metallic mineral product manufacturing 0.579 0.752 0.696 0.495 0.628
Primary metal manufacturing 0.578 0.540 0.457 0.322 1.220
Fabricated metal product and machinery manufacturing 0.750 0.765 0.750 0.846 0.699
Computer and electronic product manufacturing 0.272 0.255 0.598 0.714 0.660
Electrical equipment, appliance and component manufacturing 0.380 0.383 0.380 3.621 3.671
Motor vehicle and trailer manufacturing 0.774 0.897 0.925 1.290 2.609
Motor vehicle parts manufacturing 0.552 0.511 0.463 0.424 0.477
Air, rail and ship products and other transportation equipment manufacturing 0.930 0.772 0.815 1.042 1.645
Furniture and related product manufacturing 0.815 0.719 0.674 0.682 0.657
Miscellaneous manufacturing 1.058 1.036 1.114 0.992 1.112
Food, beverage, tobacco and farm product wholesaler-distributors 2.484 1.952 1.313 1.112 1.050
Petroleum product wholesaler-distributors 1.032 1.060 1.003 1.020 1.172
Motor vehicle and parts wholesaler-distributors 0.994 1.048 0.915 1.031 0.932
Building material and supplies wholesaler-distributors 0.877 0.890 0.800 0.729 0.723
Farm, construction, forestry, mining and other industrial machinery and equipment and supplies wholesaler-distributors 0.799 0.884 0.872 0.852 1.274
Computer, communications and other machinery and equipment wholesaler-distributors 0.745 0.701 0.603 1.171 1.260
Miscellaneous wholesaler-distributors 0.932 0.874 0.851 0.756 0.808
Motor vehicle and parts dealers 2.842 2.656 2.516 2.629 2.395
Furniture, home furnishings, electronics and appliance stores 1.514 1.027 0.932 0.930 0.998
Building material and garden equipment and supplies dealers 0.987 0.977 1.006 1.000 0.900
Food and beverage stores 0.946 0.892 0.865 0.919 0.836
Gasoline stations 1.408 1.392 1.298 1.076 1.062
Clothing, department and other general merchandise stores 0.803 0.839 0.900 0.913 0.938
Miscellaneous retailers 1.402 0.961 0.889 0.920 0.948
Air transportation 3.159 2.239 1.832 1.358 2.096
Rail, truck, water and other transportation 0.937 0.973 0.996 0.928 1.108
Pipelines, warehousing and transportation support activities 2.444 2.543 2.298 1.904 1.860
Publishing industries (except Internet) 1.376 1.919 1.186 1.008 1.166
Broadcasting, motion pictures, sound recording and information services 1.272 1.379 1.019 0.942 1.443
Telecommunications 1.176 1.169 1.165 1.153 1.366
Real estate 2.146 2.134 1.944 1.869 1.998
Automotive, machinery and equipment and other rental and leasing 2.981 1.904 1.962 1.975 1.835
Professional, scientific and technical services 0.907 0.860 0.547 0.560 0.765
Administrative and support, waste management and remediation services 1.487 1.316 1.141 1.135 1.081
Educational, healthcare and social assistance services 0.901 0.810 0.770 0.681 0.693
Arts, entertainment and recreation 1.810 1.433 1.349 1.593 1.570
Accommodation services 2.094 2.291 2.121 1.901 2.220
Food services and drinking places 4.482 3.663 3.384 3.256 2.608
Repair, maintenance and personal services 0.767 0.730 0.722 0.829 0.780
Note(s):
Debt to Equity = (short-term loans + long-term loans + debt) / (shareholders' equity)