TravelCenters Of America (STU:T8A1) Debt-to-Equity : 2.49 (As of Mar. 2023)

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What is TravelCenters Of America Debt-to-Equity?

TravelCenters Of America's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was €104 Mil. TravelCenters Of America's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was €1,917 Mil. TravelCenters Of America's Total Stockholders Equity for the quarter that ended in Mar. 2023 was €811 Mil. TravelCenters Of America's debt to equity for the quarter that ended in Mar. 2023 was 2.49.

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 TravelCenters Of America's Debt-to-Equity or its related term are showing as below:

STU:T8A1' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 1.19 Max: 18.05
Current: 2.49

During the past 13 years, the highest Debt-to-Equity Ratio of TravelCenters Of America was 18.05. The lowest was 0.24. And the median was 1.19.

STU:T8A1's Debt-to-Equity is not ranked
in the Retail - Cyclical industry.
Industry Median: 0.62 vs STU:T8A1: 2.49

TravelCenters Of America Debt-to-Equity Historical Data

The historical data trend for TravelCenters Of America'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.

* Premium members only.

TravelCenters Of America Debt-to-Equity Chart

TravelCenters Of America Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.77

4.05

3.75

3.27

2.51

TravelCenters Of America Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Debt-to-Equity	Get a 7-Day Free Trial															3.16	2.86	2.69	2.51	2.49

Competitive Comparison of TravelCenters Of America's Debt-to-Equity

For the Specialty Retail subindustry, TravelCenters Of America'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.

TravelCenters Of America's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, TravelCenters Of America's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where TravelCenters Of America's Debt-to-Equity falls into.

TravelCenters Of America Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TravelCenters Of America's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(110.249	+	1959.02)	/	824.306
	=	2.51

TravelCenters Of America's Debt to Equity Ratio for the quarter 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
	=	(104.403	+	1916.639)	/	811.171
	=	2.49

TravelCenters Of America (STU:T8A1) 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.

TravelCenters Of America Debt-to-Equity Related Terms

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TravelCenters Of America (STU:T8A1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » TravelCenters Of America Inc (STU:T8A1) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

24601 Center Ridge Road, Suite 200, Westlake, OH, USA, 44145-5639

Website

https://www.ta-petro.com

TravelCenters Of America Inc is a United states based company which operates travel centers and standalone restaurants. It operated or franchised several travel centers, few standalone truck service facilities, and some standalone restaurants. The company's customers include trucking fleets and their drivers, independent truck drivers, highway and local motorists and casual diners. It generates revenue from fuel operations, non-fuel operations, rents, royalties and other fees from tenants and franchisees.

TravelCenters Of America (STU:T8A1) Headlines

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