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TX Rail Products (TX Rail Products) Debt-to-Equity : -1.25 (As of Sep. 2020)


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What is TX Rail Products Debt-to-Equity?

TX Rail Products's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $0.43 Mil. TX Rail Products's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $2.00 Mil. TX Rail Products's Total Stockholders Equity for the quarter that ended in Sep. 2020 was $-1.95 Mil. TX Rail Products's debt to equity for the quarter that ended in Sep. 2020 was -1.25.

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 TX Rail Products's Debt-to-Equity or its related term are showing as below:

TXRP's Debt-to-Equity is not ranked *
in the Industrial Distribution industry.
Industry Median: 0.5
* Ranked among companies with meaningful Debt-to-Equity only.

TX Rail Products Debt-to-Equity Historical Data

The historical data trend for TX Rail Products'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.

TX Rail Products Debt-to-Equity Chart

TX Rail Products Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.47 -1.34 -1.28 -1.28 -1.25

TX Rail Products Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Sep20
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 -1.27 -1.30 -1.31 -1.28 -1.25

Competitive Comparison of TX Rail Products's Debt-to-Equity

For the Industrial Distribution subindustry, TX Rail Products'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.


TX Rail Products's Debt-to-Equity Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, TX Rail Products's Debt-to-Equity distribution charts can be found below:

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



TX Rail Products Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TX Rail Products's Debt to Equity Ratio for the fiscal year that ended in Sep. 2020 is calculated as

TX Rail Products's Debt to Equity Ratio for the quarter that ended in Sep. 2020 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.


TX Rail Products  (OTCPK:TXRP) 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.


TX Rail Products Debt-to-Equity Related Terms

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


TX Rail Products (TX Rail Products) Business Description

Traded in Other Exchanges
N/A
Address
12080 Virginia Boulevard, Ashland, KY, USA, 41102
TX Holdings Inc is engaged in the business of supplying, distributing and selling drill bits, related tools, and other mining supplies and rail material directly and through other suppliers to the United States coal mining industry which are used in production and transportation processes. The company's product profile includes Miner Bits, Block and Sleeves, and Miscellaneous parts.

TX Rail Products (TX Rail Products) Headlines

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