Tech Data (Tech Data) Debt-to-Equity : 0.47 (As of Apr. 2020)

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What is Tech Data Debt-to-Equity?

Tech Data's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2020 was $108 Mil. Tech Data's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2020 was $1,338 Mil. Tech Data's Total Stockholders Equity for the quarter that ended in Apr. 2020 was $3,106 Mil. Tech Data's debt to equity for the quarter that ended in Apr. 2020 was 0.47.

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 Tech Data's Debt-to-Equity or its related term are showing as below:

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

Tech Data Debt-to-Equity Historical Data

The historical data trend for Tech Data'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.

Tech Data Debt-to-Equity Chart

Tech Data Annual Data

Trend

Jan11

Jan12

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Debt-to-Equity

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0.18

0.63

0.56

0.48

0.47

Tech Data Quarterly Data
	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20
Debt-to-Equity	Get a 7-Day Free Trial															0.49	0.49	0.48	0.47	0.47

Competitive Comparison of Tech Data's Debt-to-Equity

For the Electronics & Computer Distribution subindustry, Tech Data'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.

Tech Data's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Tech Data's Debt-to-Equity distribution charts can be found below:

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

Tech Data Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tech Data's Debt to Equity Ratio for the fiscal year that ended in Jan. 2020 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
	=	(112.882	+	1338.136)	/	3119.455
	=	0.47

Tech Data's Debt to Equity Ratio for the quarter that ended in Apr. 2020 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
	=	(108.157	+	1337.541)	/	3106.491
	=	0.47

Tech Data (NAS:TECD) 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.

Tech Data Debt-to-Equity Related Terms

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

Tech Data (Tech Data) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Tech Data Corp (NAS:TECD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5350 Tech Data Drive, Clearwater, FL, USA, 33760

Website

http://www.techdata.com

Tech Data Corp is a wholesale distributor of technology products. It acts as an intermediary in the technology supply chain by bringing products from technology vendors to market and providing customers with logistics capabilities. The firm's customers include value-added resellers, direct marketers, retailers, and corporate resellers. Nearly half of its product mix is broadline products including notebooks, desktops, and printers; the rest includes data center, software, mobility, and consumer electronics products. More than half of the firm's revenue is generated in the Americas and the rest from Europe.

Executives

Karen M Dahut	director	8283 GREENSBORO DRIVE, MCLEAN VA 22102
Bridgette P Heller	director	TECH DATA CORPORATION, 5350 TECH DATA DRIVE, CLEARWATER FL 33760
Richard T Hume	officer: Chief Executive Officer	5350 TECH DATA DRIVE, CLEARWATER FL 33760
Robert M Dutkowsky	director	JD EDWARDS & CO, ONE TECHNOLOGY WAY, DENVER CO 80237
Charles E Adair	director
Thomas I Morgan	director	30541 CARNEY CREEK ROAD, BIGFORK MT 59911
Savio Tung	director	280 PARK AVE, 37TH FLR WEST TOWER, NEW YORK NY 10017
Kathy Misunas	director
Patrick Zammit	officer: President, Europe	KOUTERVELDSTRAAT 20, DIEGEM C9 B-1831
Harczak Harry J Jr	director	C/O XA INVESTMENTS, 1290 BROADWAY STE 1100, DENVER CO 80203
Steven A Raymund	director	C/O TECH DATA CORP, 5350 TECH DATA DRIVE, CLEARWATER FL 33760
Murray N Wright	officer: President, Americas	11126 MCCORMICK ROAD, HUNT VALLEY MD 21031
Kenneth T Lamneck	officer: President, The Americas	INSIGHT ENTERPRISES, INC., 6820 SOUTH HARL AVENUE, TEMPE AZ 85283
Sharon P Nadeau	officer: Senior Vice President HR	6240 SEA HARBOR DR, ORLANDO FL 32821
James M Cracchiolo	director