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TKM Grupp AS (OTSE:TKM1T) Debt-to-Equity : 1.31 (As of Mar. 2024)


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What is TKM Grupp AS Debt-to-Equity?

TKM Grupp AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €38.8 Mil. TKM Grupp AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €266.7 Mil. TKM Grupp AS's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €232.5 Mil. TKM Grupp AS's debt to equity for the quarter that ended in Mar. 2024 was 1.31.

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 TKM Grupp AS's Debt-to-Equity or its related term are showing as below:

OTSE:TKM1T' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.43   Med: 0.93   Max: 1.43
Current: 1.31

During the past 13 years, the highest Debt-to-Equity Ratio of TKM Grupp AS was 1.43. The lowest was 0.43. And the median was 0.93.

OTSE:TKM1T's Debt-to-Equity is ranked worse than
76.85% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.61 vs OTSE:TKM1T: 1.31

TKM Grupp AS Debt-to-Equity Historical Data

The historical data trend for TKM Grupp AS'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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TKM Grupp AS Debt-to-Equity Chart

TKM Grupp AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 1.20 1.17 1.19 1.17

TKM Grupp AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.42 1.33 1.23 1.17 1.31

Competitive Comparison of TKM Grupp AS's Debt-to-Equity

For the Department Stores subindustry, TKM Grupp AS'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.


TKM Grupp AS's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, TKM Grupp AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where TKM Grupp AS's Debt-to-Equity falls into.



TKM Grupp AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TKM Grupp AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

TKM Grupp AS's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


TKM Grupp AS  (OTSE:TKM1T) 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.


TKM Grupp AS Debt-to-Equity Related Terms

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TKM Grupp AS (OTSE:TKM1T) Business Description

Traded in Other Exchanges
Address
Kaubamaja 1, Tallinn, EST, 10143
Tallinna Kaubamaja Grupp AS is an Estonia-based company engaged in retail trade and the provision of related services. The company's reportable segments include Supermarkets, Department stores, Car trade, Security, and Real estate. It generates its revenues from the Supermarkets segment.

TKM Grupp AS (OTSE:TKM1T) Headlines

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