TomTom NV (TomTom NV) Debt-to-Equity : 0.30 (As of Mar. 2024)

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What is TomTom NV Debt-to-Equity?

TomTom NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $8.7 Mil. TomTom NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $42.4 Mil. TomTom NV's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $173.5 Mil. TomTom NV's debt to equity for the quarter that ended in Mar. 2024 was 0.29.

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 TomTom NV's Debt-to-Equity or its related term are showing as below:

TMOAY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.07 Max: 0.3
Current: 0.3

During the past 13 years, the highest Debt-to-Equity Ratio of TomTom NV was 0.30. The lowest was 0.00. And the median was 0.07.

TMOAY's Debt-to-Equity is ranked worse than
57.83% of 2222 companies
in the Software industry
Industry Median: 0.21 vs TMOAY: 0.30

TomTom NV Debt-to-Equity Historical Data

The historical data trend for TomTom NV'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.

TomTom NV Debt-to-Equity Chart

TomTom NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.05

0.11

0.12

0.19

0.26

TomTom NV Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.16	0.24	0.24	0.26	0.30

Competitive Comparison of TomTom NV's Debt-to-Equity

For the Software - Application subindustry, TomTom NV'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.

TomTom NV's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, TomTom NV's Debt-to-Equity distribution charts can be found below:

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

TomTom NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TomTom NV'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
	=	(9.021	+	41.92)	/	198.024
	=	0.26

TomTom NV's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(8.737	+	42.436)	/	173.537
	=	0.29

TomTom NV (OTCPK:TMOAY) 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.

TomTom NV Debt-to-Equity Related Terms

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TomTom NV (TomTom NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TomTom NV (OTCPK:TMOAY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TMOAF:USA TOM2:Netherlands TOM2a:UK 0MKS:UK OEMA:Germany

Address

De Ruijterkade 154, Amsterdam, NLD, 1011 AC

Website

https://www.tomtom.com

TomTom NV is a software company specializing in Developing and selling navigation and location-based products and services, including maps, traffic, navigation software, and portable navigation devices. The company operates in two reporting segments; Location Technology and Consumer. The Location Technology Segment is engaged in developing and selling location-based application components such as maps, services, and navigation software to customers in different market segments. The Consumer segment generates revenue mainly from the sale of portable navigation devices and mobile applications. The majority of revenue is derived from Location Technology Segment.

TomTom NV (TomTom NV) Headlines

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