Terra Firma Capital (Terra Firma Capital) Debt-to-Equity : 1.85 (As of Jun. 2023)

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What is Terra Firma Capital Debt-to-Equity?

Terra Firma Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. Terra Firma Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $81.84 Mil. Terra Firma Capital's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $44.28 Mil. Terra Firma Capital's debt to equity for the quarter that ended in Jun. 2023 was 1.85.

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 Terra Firma Capital's Debt-to-Equity or its related term are showing as below:

TFCCF' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.06 Med: 2.09 Max: 3.9
Current: 1.85

During the past 13 years, the highest Debt-to-Equity Ratio of Terra Firma Capital was 3.90. The lowest was 1.06. And the median was 2.09.

TFCCF's Debt-to-Equity is not ranked
in the Banks industry.
Industry Median: 0.66 vs TFCCF: 1.85

Terra Firma Capital Debt-to-Equity Historical Data

The historical data trend for Terra Firma Capital'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.

Terra Firma Capital Debt-to-Equity Chart

Terra Firma Capital Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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2.53

2.58

1.99

2.00

2.21

Terra Firma Capital Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															2.10	2.02	2.21	1.98	1.85

Competitive Comparison of Terra Firma Capital's Debt-to-Equity

For the Mortgage Finance subindustry, Terra Firma Capital'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.

Terra Firma Capital's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Terra Firma Capital's Debt-to-Equity distribution charts can be found below:

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

Terra Firma Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Terra Firma Capital's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(-0.05	+	97.411)	/	44.145
	=	2.21

Terra Firma Capital's Debt to Equity Ratio for the quarter that ended in Jun. 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	+	81.838)	/	44.277
	=	1.85

Terra Firma Capital (OTCPK:TFCCF) 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.

Terra Firma Capital Debt-to-Equity Related Terms

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

Terra Firma Capital (Terra Firma Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Terra Firma Capital Corp (OTCPK:TFCCF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Saint Clair Avenue East, Weston Centre, Suite 200, Toronto, ON, CAN, M4T 2S5

Website

https://www.tfcc.ca

Terra Firma Capital Corp is a real estate finance company that provides real estate financings secured by investment properties and real estate developments throughout Canada and the U.S. These financings are made to real estate developers and owners who require shorter-term loans to bridge a transitional period of one to five years where it requires capital at various stages of development or redevelopment properties, for such development or redevelopment, properties repairs or the purchase of investment properties.

Terra Firma Capital (Terra Firma Capital) Headlines

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