Thruvision Group (LSE:THRU) Debt-to-Equity : 0.10 (As of Sep. 2023)

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What is Thruvision Group Debt-to-Equity?

Thruvision Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.13 Mil. Thruvision Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.56 Mil. Thruvision Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £7.15 Mil. Thruvision Group's debt to equity for the quarter that ended in Sep. 2023 was 0.10.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Thruvision Group's Debt-to-Equity or its related term are showing as below:

LSE:THRU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.07 Max: 0.27
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of Thruvision Group was 0.27. The lowest was 0.01. And the median was 0.07.

LSE:THRU's Debt-to-Equity is ranked better than
78.45% of 928 companies
in the Business Services industry
Industry Median: 0.37 vs LSE:THRU: 0.10

Thruvision Group Debt-to-Equity Historical Data

The historical data trend for Thruvision Group's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Thruvision Group Debt-to-Equity Chart

Thruvision Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.03

0.07

0.08

Thruvision Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															-	0.07	-	0.08	0.10

Competitive Comparison of Thruvision Group's Debt-to-Equity

For the Security & Protection Services subindustry, Thruvision Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Thruvision Group's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Thruvision Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Thruvision Group's Debt-to-Equity falls into.

Thruvision Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Thruvision Group's Debt to Equity Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.121	+	0.604)	/	8.816
	=	0.08

Thruvision Group's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.132	+	0.557)	/	7.149
	=	0.10

Thruvision Group (LSE:THRU) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Thruvision Group Debt-to-Equity Related Terms

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Thruvision Group (LSE:THRU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Thruvision Group PLC (LSE:THRU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DIGTF:USA

Address

121 Olympic Avenue, Milton Park, Abingdon, Oxon, GBR, OX14 4SA

Website

https://www.thruvision.com

Thruvision Group PLC is engaged in developing and selling people-screening technology to the security market. Geographically, it derives a majority of its revenue from the Americas and also has a presence in the UK and Europe, and the Rest of World. Its product includes TS4-C, TS4-SC, TAC, and others. The company serves various markets such as Mass Transit Security, Customs and Border Control, Profit Protection, Visitor-friendly Security, and Entrance Security.

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