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Tower International (Tower International) Debt-to-Equity : 1.71 (As of Jun. 2019)


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What is Tower International Debt-to-Equity?

Tower International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was $40 Mil. Tower International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was $500 Mil. Tower International's Total Stockholders Equity for the quarter that ended in Jun. 2019 was $317 Mil. Tower International's debt to equity for the quarter that ended in Jun. 2019 was 1.71.

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

TOWR's Debt-to-Equity is not ranked *
in the Vehicles & Parts industry.
Industry Median: 0.48
* Ranked among companies with meaningful Debt-to-Equity only.

Tower International Debt-to-Equity Historical Data

The historical data trend for Tower International'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.

Tower International Debt-to-Equity Chart

Tower International Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.22 2.25 1.88 1.30 0.99

Tower International Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 1.25 1.00 0.99 1.66 1.71

Competitive Comparison of Tower International's Debt-to-Equity

For the Auto Parts subindustry, Tower International'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.


Tower International's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tower International's Debt-to-Equity distribution charts can be found below:

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



Tower International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tower International's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Tower International's Debt to Equity Ratio for the quarter that ended in Jun. 2019 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.


Tower International  (NYSE:TOWR) 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.


Tower International Debt-to-Equity Related Terms

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


Tower International (Tower International) Business Description

Traded in Other Exchanges
N/A
Address
17672 Laurel Park Drive North, Suite 400 E, Livonia, MI, USA, 48152
Tower International is a manufacturer of structural metal components and assemblies used in the automotive industry. The company offers body-structure stampings, frame and other chassis structures, complex welded assemblies, and suspension components for small and large cars, crossovers, pickups, and sport utility vehicles. Tower International supplies its products directly to original equipment manufacturers. Its largest end markets are the Americas.
Executives
English Frank E. Jr. director C/O ARTHUR J. GALLAGHER & CO., TWO PIERCE PLACE, ITASCA IL 60143
Thomas K Brown director FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
James N Chapman director 14 ALPINE ROAD, GREENWICH CT 06830
James C Gouin officer: CEO and President TOWER INTERNATIONAL, INC., 17672 LAUREL PARK DRIVE N., SUITE 400E, LIVONIA MI 48152
Mark Malcolm director TOWER INTERNATIONAL, INC., 17672 LAUREL PARK DRIVE N., SUITE 400E, LIVONIA MI 48152
Dev Kapadia director TOWER INTERNATIONAL, INC., 17672 LAUREL PARK DRIVE N., SUITE 400E, LIVONIA MI 48152
Nicholas D Chabraja director
Jonathan Gallen director 450 PARK AVENUE, 28TH FLOOR, NEW YORK NY 10022
Stephen Feinberg 10 percent owner 875 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10022
Ronald Kolka director 17672 LAUREL PARK DRIVE NORTH, SUITE 400E, LIVONIA MI 48152
Rande S Somma other: Board Advisor
William Pumphrey officer: President, Americas 27175 HAGGERTY ROAD, NOVI MI 48377
Chan Galbato director 191 E NORTH AVENUE, CAROL STREAM IL 60188
Dennis M Donovan director 2455 PACES FERRY ROAD, ATLANTA GA 30339
Allan D Gilmour other: Board Advisor FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126