TP ICAP GROUP (TP ICAP GROUP) Debt-to-Equity : 0.53 (As of Dec. 2023)

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What is TP ICAP GROUP Debt-to-Equity?

TP ICAP GROUP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $153 Mil. TP ICAP GROUP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,224 Mil. TP ICAP GROUP's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,592 Mil. TP ICAP GROUP's debt to equity for the quarter that ended in Dec. 2023 was 0.53.

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 TP ICAP GROUP's Debt-to-Equity or its related term are showing as below:

TCAPF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.48 Max: 0.58
Current: 0.53

During the past 13 years, the highest Debt-to-Equity Ratio of TP ICAP GROUP was 0.58. The lowest was 0.29. And the median was 0.48.

TCAPF's Debt-to-Equity is ranked worse than
58.22% of 608 companies
in the Capital Markets industry
Industry Median: 0.37 vs TCAPF: 0.53

TP ICAP GROUP Debt-to-Equity Historical Data

The historical data trend for TP ICAP GROUP'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.

TP ICAP GROUP Debt-to-Equity Chart

TP ICAP GROUP Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.48

0.56

0.58

0.50

0.53

TP ICAP GROUP Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.58	0.58	0.50	0.52	0.53

Competitive Comparison of TP ICAP GROUP's Debt-to-Equity

For the Capital Markets subindustry, TP ICAP GROUP'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.

TP ICAP GROUP's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, TP ICAP GROUP's Debt-to-Equity distribution charts can be found below:

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

TP ICAP GROUP Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TP ICAP GROUP's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(153.165	+	1224.051)	/	2592.405
	=	0.53

TP ICAP GROUP's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(153.165	+	1224.051)	/	2592.405
	=	0.53

TP ICAP GROUP (OTCPK:TCAPF) 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.

TP ICAP GROUP Debt-to-Equity Related Terms

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

TP ICAP GROUP (TP ICAP GROUP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » TP ICAP GROUP PLC (OTCPK:TCAPF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TCAPl:UK TCAP:UK 8D7:Germany

Address

135 Bishopsgate, London, GBR, EC2M 3TP

Website

http://www.tpicap.com

TP ICAP GROUP PLC provides broking professional intermediary services to match buyers and sellers of different financial, energy and commodities products. Its role includes to create liquidity and price discovery in markets and provide insight and context to the clients. The company provides proprietary over the counter ('OTC') pricing information in the world with the data on financial, energy and commodities products. Its clients include banks, insurance companies, pension funds, asset managers, hedge funds, central banks, energy producers and refiners, risk and compliance managers and charities.

TP ICAP GROUP (TP ICAP GROUP) Headlines

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