What is Trans-Lux Debt-to-Equity?
Trans-Lux's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.13 Mil. Trans-Lux's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.18 Mil. Trans-Lux's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-14.21 Mil.
Trans-Lux's debt to equity for the quarter that ended in Dec. 2023 was -0.44.
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 Trans-Lux's Debt-to-Equity or its related term are showing as below:
TNLX'
s Debt-to-Equity Range Over the Past 10 Years
Min: -8.29 Med: -0.81 Max: -0.43
Current: -0.44
During the past 13 years, the highest Debt-to-Equity Ratio of Trans-Lux was -0.43. The lowest was -8.29. And the median was -0.81.
Trans-Lux Debt-to-Equity Historical Data
The historical data trend for Trans-Lux'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.
Trans-Lux Debt-to-Equity Chart
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Trans-Lux Annual Data
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Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
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Get a 7-Day Free Trial
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-1.95 |
-0.53 |
-0.43 |
-0.49 |
-0.44 |
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Trans-Lux Quarterly Data
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Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Debt-to-Equity |
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-0.49 |
-0.45 |
-0.54 |
-0.49 |
-0.44 |
Competitive Comparison of Trans-Lux's Debt-to-Equity
For the Electronic Components subindustry, Trans-Lux'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.
Trans-Lux's Debt-to-Equity Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Trans-Lux's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Trans-Lux's Debt-to-Equity falls into.
Trans-Lux Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Trans-Lux's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Trans-Lux's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.
Trans-Lux (Trans-Lux) Business Description
Traded in Other Exchanges
N/A
Address
254 West 31st Street, 12th Floor, New York, NY, USA, 10001
Trans-Lux Corp is engaged in the design, manufacture, market, and services of light-emitting diode display and lighting solutions. The company operates through two segments, namely Digital product sales and Digital product lease and maintenance. Its Digital product sales segment is involved in the sale of equipment. The Digital product lease and maintenance segment is comprised of the lease and maintenance of equipment. Digital product sales contribute to the majority of the revenue. It serves various sectors such as sports arenas and stadiums, financial institutions, educational institutions, advertising, corporate and government communication centers, retail outlets, and others. The company conducts its business operations in the United States and Canada.
Executives
| Durkin Thomas E Iii |
officer: EVP & General Counsel |
|
| Yantao Yu |
director |
C/O TRANS-LUX CORPORATION, 135 EAST 57TH STREET, 14TH FLOOR, NEW YORK NY 10022 |
| Nicholas J Fazio |
director, 10 percent owner |
C/O TRANS-LUX CORPORATION, 135 EAST 57TH STREET, 14TH FLOOR, NEW YORK NY 10022 |
| Unilumin North America, Inc. |
10 percent owner |
C/O UNILUMIN LED TECHNOLOGY FL LLC, 254 WEST 31ST STREET, NEW YORK NY 10001 |
| Trans Lux Corp |
officer: Vice President |
135 EAST 57TH STREET, 14TH FLOOR, NEW YORK NY 10022 |
| Todd Dupee |
officer: Vice President |
216 EAST 36TH ST, APT 2R, NEW YORK NY 10016 |
| George W Schiele |
director |
19 HILL ROAD, GREENWICH CT 06830 |
| David Pavlik |
officer: President of TL Energy |
3301 N HAMILTON AVE, CHICAGO IL 60618 |
| Marco M Elser |
director |
VIA SISTINA 121, ROME L6 00187 |
| Ryan J. Morris |
director |
531 E. STATE ST., ITHACA NY 14850 |
| Yaozhong Shi |
director |
950 THIRD AVENUE, SUITE 2804, NEW YORK NY 10022 |
| David Joseph Osher |
officer: Chief Operating Officer |
950 THIRD AVE SUITE 2804, NEW YORK NY 10022 |
| Robert J Conologue |
officer: Chief Financial Officer |
216 LEROY AVENUE, DARIEN CT 06820 |
| Alberto Shaio |
director |
|
| Alan K Greene |
director |
|
Trans-Lux (Trans-Lux) Headlines
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