TOR Minerals International (TOR Minerals International) Debt-to-Equity : 0.12 (As of Dec. 2017)

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What is TOR Minerals International Debt-to-Equity?

TOR Minerals International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was $1.11 Mil. TOR Minerals International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was $2.44 Mil. TOR Minerals International's Total Stockholders Equity for the quarter that ended in Dec. 2017 was $28.85 Mil. TOR Minerals International's debt to equity for the quarter that ended in Dec. 2017 was 0.12.

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 TOR Minerals International's Debt-to-Equity or its related term are showing as below:

TORM's Debt-to-Equity is not ranked ^*
in the Chemicals industry.
Industry Median: 0.35
* Ranked among companies with meaningful Debt-to-Equity only.

TOR Minerals International Debt-to-Equity Historical Data

The historical data trend for TOR Minerals International'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.

TOR Minerals International Debt-to-Equity Chart

TOR Minerals International Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Debt-to-Equity

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0.24

0.18

0.23

0.14

0.12

TOR Minerals International Semi-Annual Data
	Dec98	Dec99	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17
Debt-to-Equity	Get a 7-Day Free Trial															0.24	0.18	0.23	0.14	0.12

Competitive Comparison of TOR Minerals International's Debt-to-Equity

For the Specialty Chemicals subindustry, TOR Minerals International'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.

TOR Minerals International's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, TOR Minerals International's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where TOR Minerals International's Debt-to-Equity falls into.

TOR Minerals International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TOR Minerals International's Debt to Equity Ratio for the fiscal year that ended in Dec. 2017 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
	=	(1.109	+	2.443)	/	28.852
	=	0.12

TOR Minerals International's Debt to Equity Ratio for the quarter that ended in Dec. 2017 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
	=	(1.109	+	2.443)	/	28.852
	=	0.12

TOR Minerals International (OTCPK:TORM) 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.

TOR Minerals International Debt-to-Equity Related Terms

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

TOR Minerals International (TOR Minerals International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » TOR Minerals International Inc (OTCPK:TORM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

615 N Upper Broadway, Suite 410, Corpus Christi, TX, USA, 78401

Website

https://www.torminerals.com

TOR Minerals International Inc is engaged in the manufacture and sale of mineral products for use as pigments and extenders, majorly in the manufacture of paints, industrial coatings plastics, and solid surface applications. It has a business presence in the U.S., Pacific Rim; Canada, Mexico and South/Central America; Europe, Africa and the Middle East countries. Some of its products are Aluprem, Hitox and Tioprem, BARTEX and Haltex, among others.

Executives

Steven E Paulson	director	722 BURLESON STREET, CORPUS CHRISTI TX 78402
Mark A Graber	10 percent owner	2220 NORTHSTAR STREET, NUMBER 17, ANCHORAGE AK 99503

TOR Minerals International (TOR Minerals International) Headlines

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