Topps Tiles (Topps Tiles) Debt-to-Equity

: 4.07 (As of Sep. 2023)

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Topps Tiles's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $19.4 Mil. Topps Tiles's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $97.6 Mil. Topps Tiles's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $28.7 Mil. Topps Tiles's debt to equity for the quarter that ended in Sep. 2023 was 4.07.

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

TPTJF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.99 Med: 3.97 Max: 58.82
Current: 4.07

During the past 13 years, the highest Debt-to-Equity Ratio of Topps Tiles was 58.82. The lowest was 0.99. And the median was 3.97.

TPTJF's Debt-to-Equity is ranked worse than
93.92% of 1004 companies
in the Retail - Cyclical industry
Industry Median: 0.64 vs TPTJF: 4.07

Topps Tiles Debt-to-Equity Historical Data

The historical data trend for Topps Tiles'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.

Topps Tiles Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

0.99

9.17

4.46

3.87

4.07

Topps Tiles Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity																4.46	4.42	3.87	4.39	4.07

Competitive Comparison

For the Home Improvement Retail subindustry, Topps Tiles'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.

Topps Tiles Debt-to-Equity Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Topps Tiles's Debt-to-Equity distribution charts can be found below:

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

Topps Tiles Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Topps Tiles's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(19.368	+	97.59)	/	28.72
	=	4.07

Topps Tiles's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(19.368	+	97.59)	/	28.72
	=	4.07

Topps Tiles (OTCPK:TPTJF) 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.

Topps Tiles Debt-to-Equity Related Terms

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Topps Tiles (Topps Tiles) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Topps Tiles PLC (OTCPK:TPTJF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TPTl:UK TPT.GB:UK TPT:UK

Address

Thorpe Way, Grove Park, Enderby, Leicestershire, GBR, LE19 1SU

Website

https://www.toppstiles.co.uk

Topps Tiles PLC is a tile and flooring retailer in the UK. The company focuses on selling ceramic and porcelain tiles, natural stone, and related products for homes and businesses. It offers products such as bathroom tiles, kitchen tiles, floor tiles, wall tiles, mosaic tiles, natural stone, and other tools and essentials. The company generates the majority of its revenues from sales in the UK.

Topps Tiles (Topps Tiles) Headlines

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