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Team (TISI) Debt-to-Equity : 7.80 (As of Dec. 2023)


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What is Team Debt-to-Equity?

Team's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $19.4 Mil. Team's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $336.2 Mil. Team's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $45.6 Mil. Team's debt to equity for the quarter that ended in Dec. 2023 was 7.80.

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

TISI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24   Med: 0.87   Max: 9.04
Current: 7.8

During the past 13 years, the highest Debt-to-Equity Ratio of Team was 9.04. The lowest was 0.24. And the median was 0.87.

TISI's Debt-to-Equity is ranked worse than
97.96% of 930 companies
in the Business Services industry
Industry Median: 0.4 vs TISI: 7.80

Team Debt-to-Equity Historical Data

The historical data trend for Team'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.

Team Debt-to-Equity Chart

Team Annual Data
Trend May14 May15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 1.78 9.04 2.88 7.80

Team 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 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 2.88 3.62 4.51 5.39 7.80

Competitive Comparison of Team's Debt-to-Equity

For the Specialty Business Services subindustry, Team'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.


Team's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Team's Debt-to-Equity distribution charts can be found below:

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



Team Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Team's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Team  (NYSE:TISI) 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.


Team Debt-to-Equity Related Terms

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


Team (TISI) Business Description

Traded in Other Exchanges
Address
13131 Dairy Ashford, Suite 600, Sugar Land, TX, USA, 77478
Team Inc is a provider of specialty industrial services, including inspection, engineering assessment and mechanical repair and remediation required in maintaining high temperature and high-pressure piping systems and vessels that are utilized in refining, petrochemical, and others. The company operates in two segments namely Inspection and Heat Treating Group and Mechanical Services Group. Inspection and Heat Treating Group provides non-destructive testing services for the process, pipeline and power sectors and others. The Mechanical Services Group provides call-out and turnaround services under both on-stream and shut down circumstances.
Executives
Evan S. Lederman director C/O FIR TREE PARTNERS, 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
Edward J. Stenger director C/O MOTORS LIQUIDATION COMPANY, 300 RENAISSANCE DRIVE, DETROIT MI 48625
Nelson M Haight officer: Chief Financial Officer 110 B JACKSON BLVD, HOUSTON TX 77006
Jeffery Gerald Davis director PO BOX 336, BURTON TX 77835
Anthony R Horton director 12377 MERIT DRIVE, SUITE 1700, DALLAS TX 75251
Michael J Caliel director 1800 WEST LOOP SOUTH, SUITE 500, HOUSTON TX 77027
Corre Opportunities Qualified Master Fund, Lp 10 percent owner 12 EAST 49TH STREET, 40TH FLOOR, NEW YORK NY 10017
Corre Horizon Fund, Lp 10 percent owner CONYERS TRUST COMPANY (CAYMAN) LTD, CRICKET SQUARE, HUTCHINS DR, BOX 2681, GRAND CAYMAN E9 KY1-1111
Corre Horizon Ii Fund, Lp 10 percent owner 12 EAST 49TH STREET, 40TH FLOOR, NEW YORK NY 10017
Corre Partners Management, Llc 10 percent owner 12 EAST 49TH STREET, SUITE 4003, NEW YORK NY 10017
J Michael Anderson director
Matthew E Acosta officer: VP & Chief Accounting Officer 13131 DAIRY ASHFORD, SUITE 600, SUGAR LAND TX 77478
Candice Koederitz director 937 TAHOE BOULEVARD, INCLINE VILLAGE NV 89451
Young Robert James Iii officer: President, AID 13131 DAIRY ASHFORD, SUITE 600, SUGAR LAND TX 77478
James Chadwick Murray officer: President, MOS 13131 DAIRY ASHFORD, SUITE 600, SUGAR LAND TX 77478

Team (TISI) Headlines

From GuruFocus

Keith Tucker Appointed as Chief Executive Officer at Team, Inc.

By Value_Insider Value_Insider 11-29-2022

Team, Inc. Announces Successful Closing of Refinancing Transactions

By sperokesalga sperokesalga 06-20-2023

Team, Inc. Announces One-for-Ten Reverse Stock Split

By Value_Insider Value_Insider 12-09-2022

TEAM, INC. NAMES NELSON M. HAIGHT AS CHIEF FINANCIAL OFFICER

By PRNewswire PRNewswire 06-23-2022

TEAM, INC. RECEIVES CONTINUED LISTING NOTICE FROM NYSE

By PRNewswire PRNewswire 02-04-2022

Team, Inc. Announces Commitment for Refinancing of Capital Structure

By sperokesalga sperokesalga 05-25-2023

Team, Inc. Receives Continued Listing Notice From NYSE

By GlobeNewswire GlobeNewswire 07-15-2022

TEAM, INC. Receives Continued Listing Notice From NYSE

By Value_Insider Value_Insider 11-04-2022

TEAM, INC. NAMES NELSON M. HAIGHT AS CHIEF FINANCIAL OFFICER

By PRNewswire PRNewswire 06-13-2022

TEAM, INC. NAMES NELSON M. HAIGHT AS CHIEF FINANCIAL OFFICER

By PRNewswire PRNewswire 07-13-2022