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Trillium Acquisition (TSXV:TCK.P) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Trillium Acquisition Debt-to-Equity?

Trillium Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Trillium Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Trillium Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$0.49 Mil. Trillium Acquisition's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Trillium Acquisition's Debt-to-Equity or its related term are showing as below:

TSXV:TCK.P's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.125
* Ranked among companies with meaningful Debt-to-Equity only.

Trillium Acquisition Debt-to-Equity Historical Data

The historical data trend for Trillium Acquisition'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.

Trillium Acquisition Debt-to-Equity Chart

Trillium Acquisition Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Trillium Acquisition Quarterly Data
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 - - - - -

Competitive Comparison of Trillium Acquisition's Debt-to-Equity

For the Shell Companies subindustry, Trillium Acquisition'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.


Trillium Acquisition's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Trillium Acquisition's Debt-to-Equity distribution charts can be found below:

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



Trillium Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Trillium Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Trillium Acquisition'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.


Trillium Acquisition  (TSXV:TCK.P) 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.


Trillium Acquisition Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Trillium Acquisition's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Trillium Acquisition (TSXV:TCK.P) Business Description

Traded in Other Exchanges
N/A
Address
231 Wedgewood Drive, Oakville, ON, CAN, L6J 4R6
Website
Trillium Acquisition Corp is a capital pool company.

Trillium Acquisition (TSXV:TCK.P) Headlines

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