Switch to:

Taylor Devices Debt-to-Equity

: 0.04 (As of Aug. 2020)
View and export this data going back to 1980. Start your Free Trial

Taylor Devices's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2020 was $1.46 Mil. Taylor Devices's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2020 was $0.00 Mil. Taylor Devices's Total Stockholders Equity for the quarter that ended in Aug. 2020 was $39.77 Mil. Taylor Devices's debt to equity for the quarter that ended in Aug. 2020 was 0.04.

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.

NAS:TAYD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.42   Max: 0.94
Current: 0.04

0
0.94

During the past 13 years, the highest Debt-to-Equity Ratio of Taylor Devices was 0.94. The lowest was 0.00. And the median was 0.42.

NAS:TAYD's Debt-to-Equity is ranked higher than
86% of the 2167 Companies
in the Industrial Products industry.

( Industry Median: 0.31 vs. NAS:TAYD: 0.04 )

Taylor Devices Debt-to-Equity Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Taylor Devices Annual Data
May11 May12 May13 May14 May15 May16 May17 May18 May19 May20
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.04

Taylor Devices Quarterly Data
Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20
Debt-to-Equity 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 Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.04 0.04

Competitive Comparison
* 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.


Taylor Devices Debt-to-Equity Distribution

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



Taylor Devices Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Taylor Devices's Debt to Equity Ratio for the fiscal year that ended in May. 2020 is calculated as

Taylor Devices's Debt to Equity Ratio for the quarter that ended in Aug. 2020 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Taylor Devices  (NAS:TAYD) 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.


Taylor Devices Debt-to-Equity Related Terms


Taylor Devices Debt-to-Equity Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)