TripBorn (TripBorn) Debt-to-Equity : -0.39 (As of Dec. 2020)

TripBorn Debt-to-Equity Chart

TripBorn Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Debt-to-Equity	Get a 7-Day Free Trial													10.24	-0.45	-0.41	-0.40	-0.39

Competitive Comparison of TripBorn's Debt-to-Equity

For the Lodging subindustry, TripBorn'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.

TripBorn's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, TripBorn's Debt-to-Equity distribution charts can be found below:

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

TripBorn Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TripBorn's Debt to Equity Ratio for the fiscal year that ended in Mar. 2020 is calculated as

TripBorn's Debt to Equity Ratio for the quarter that ended in Dec. 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.

TripBorn  (OTCPK:TRRB) 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.

TripBorn Debt-to-Equity Related Terms

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TripBorn (TripBorn) Business Description