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Turbodyne Technologies (Turbodyne Technologies) Debt-to-Equity : -0.03 (As of Dec. 2010)


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What is Turbodyne Technologies Debt-to-Equity?

Turbodyne Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2010 was $0.23 Mil. Turbodyne Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2010 was $0.00 Mil. Turbodyne Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2010 was $-7.85 Mil. Turbodyne Technologies's debt to equity for the quarter that ended in Dec. 2010 was -0.03.

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 Turbodyne Technologies's Debt-to-Equity or its related term are showing as below:

TRBD's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

Turbodyne Technologies Debt-to-Equity Historical Data

The historical data trend for Turbodyne Technologies'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.

Turbodyne Technologies Debt-to-Equity Chart

Turbodyne Technologies Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.14 -0.06 -0.06 -0.03 -0.09

Turbodyne Technologies Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Dec10 Dec11
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 -0.06 -0.08 -0.04 -0.03 -0.09

Competitive Comparison of Turbodyne Technologies's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Turbodyne Technologies'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.


Turbodyne Technologies's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Turbodyne Technologies's Debt-to-Equity distribution charts can be found below:

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



Turbodyne Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Turbodyne Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 2011 is calculated as

Turbodyne Technologies's Debt to Equity Ratio for the quarter that ended in Dec. 2010 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.


Turbodyne Technologies  (GREY:TRBD) 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.


Turbodyne Technologies Debt-to-Equity Related Terms

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Turbodyne Technologies (Turbodyne Technologies) Business Description

Traded in Other Exchanges
N/A
Address
888 Seventh Avenue, 17th Floor, New York, NY, USA, 10106
Turbodyne Technologies Inc designs and develops forced-air induction (air-charging) technologies that improve the performance of gas and diesel internal combustion engines.

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