TAT Technologies (TAT Technologies) Debt-to-Equity

: 0.33 (As of Dec. 2023)

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TAT Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $15.4 Mil. TAT Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $14.6 Mil. TAT Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $90.7 Mil. TAT Technologies's debt to equity for the quarter that ended in Dec. 2023 was 0.33.

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

TATT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.21 Max: 0.4
Current: 0.33

During the past 13 years, the highest Debt-to-Equity Ratio of TAT Technologies was 0.40. The lowest was 0.08. And the median was 0.21.

TATT's Debt-to-Equity is ranked better than
56.08% of 255 companies
in the Aerospace & Defense industry
Industry Median: 0.44 vs TATT: 0.33

TAT Technologies Debt-to-Equity Historical Data

The historical data trend for TAT 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.

TAT Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.08

0.19

0.21

0.40

0.33

TAT Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.40	0.38	0.36	0.37	0.33

Competitive Comparison

For the Aerospace & Defense subindustry, TAT 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.

TAT Technologies Debt-to-Equity Distribution

For the Aerospace & Defense industry and Industrials sector, TAT Technologies's Debt-to-Equity distribution charts can be found below:

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

TAT Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TAT Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(15.371	+	14.583)	/	90.683
	=	0.33

TAT Technologies's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(15.371	+	14.583)	/	90.683
	=	0.33

TAT Technologies (NAS:TATT) 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.

TAT Technologies Debt-to-Equity Related Terms

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TAT Technologies (TAT Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » TAT Technologies Ltd (NAS:TATT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TATT:Israel

Address

Hamelacha 5, Netanya, ISR, 4250540

Website

https://www.tat-technologies.com

TAT Technologies Ltd is a provider of solutions and services to the aerospace and defence industries focused mainly on the four segments: Original equipment manufacturing (OEM); MRO services for heat transfer; MRO services for aviation components; Overhaul and coating of jet engine components. The company design, develop and manufacture Heat Exchangers, Cooling Systems, Cold Plates, Vapor-Cycle Air Conditioning Systems (for both land and airborne applications) and flow accessories.