TPG (TPG) Debt-to-Equity : 2.18 (As of Dec. 2023)

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What is TPG Debt-to-Equity?

TPG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. TPG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,264 Mil. TPG's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $579 Mil. TPG's debt to equity for the quarter that ended in Dec. 2023 was 2.18.

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

TPG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.2 Med: 0.39 Max: 2.18
Current: 2.18

During the past 6 years, the highest Debt-to-Equity Ratio of TPG was 2.18. The lowest was 0.20. And the median was 0.39.

TPG's Debt-to-Equity is ranked worse than
95.1% of 1021 companies
in the Asset Management industry
Industry Median: 0.19 vs TPG: 2.18

TPG Debt-to-Equity Historical Data

The historical data trend for TPG'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.

TPG Debt-to-Equity Chart

TPG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.23

0.20

0.39

1.16

2.18

TPG Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial											1.16	0.87	0.84	0.83	2.18

Competitive Comparison of TPG's Debt-to-Equity

For the Asset Management subindustry, TPG'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.

TPG's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, TPG's Debt-to-Equity distribution charts can be found below:

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

TPG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TPG'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
	=	(0	+	1263.925)	/	579.157
	=	2.18

TPG'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
	=	(0	+	1263.925)	/	579.157
	=	2.18

TPG (NAS:TPG) 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.

TPG Debt-to-Equity Related Terms

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

TPG (TPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » TPG Inc (NAS:TPG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

B81:Germany B81:Germany

Address

301 Commerce Street, Suite 3300, Fort Worth, TX, USA, 76102

Website

https://www.tpg.com

TPG Inc is an alternative asset firm. It invests across five multi-product platforms namely Capital, Growth, Impact, Real Estate, and Market Solutions. TPG aims to build dynamic products and options for its clients while also instituting discipline and operational excellence across the investment and performance of its portfolio.

Executives

Gunther Bright	director	C/O WARBURG PINCUS CAPITAL CORPORATION I, 450 LEXINGTON AVENUE, NEW YORK NY 10017
Anilu Vazquez-ubarri	director, officer: Chief Human Resources Officer	C/O UPWORK INC., 2625 AUGUSTINE DRIVE, SUITE 601, SANTA CLARA CA 95054
Tpg Group Holdings (sbs) Advisors, Llc	10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Tpg Group Holdings (sbs), L.p.	10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Tpg Partner Holdings, L.p.	10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Ganendran Sarvananthan	director	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Bradford Berenson	officer: General Counsel	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Ken N. Murphy	officer: Chief Operating Officer	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Jack Weingart	director, officer: Chief Financial Officer	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Maya Chorengel	director	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Joann Harris	officer: Chief Compliance Officer	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
David Bonderman	director, 10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Tpg Gp A, Llc	10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
David Trujillo	director	1455 MARKET STREET, 4TH FLOOR, SAN FRANCISCO CA 94103
Martin Davidson	officer: Chief Accounting Officer	C/O TPG PACE ENERGY HOLDINGS CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102