Towerstream (Towerstream) Debt-to-Equity

: -1.61 (As of Dec. 2018)

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Towerstream's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $39.04 Mil. Towerstream's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $0.30 Mil. Towerstream's Total Stockholders Equity for the quarter that ended in Dec. 2018 was $-24.44 Mil. Towerstream's debt to equity for the quarter that ended in Dec. 2018 was -1.61.

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

TWER's Debt-to-Equity is not ranked ^*
in the Telecommunication Services industry.
Industry Median: 0.66
* Ranked among companies with meaningful Debt-to-Equity only.

Towerstream Debt-to-Equity Historical Data

The historical data trend for Towerstream'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.

Towerstream Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Debt-to-Equity

0.82

13.72

-11.37

-2.40

-1.61

Towerstream Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Debt-to-Equity																-2.40	-2.05	-1.85	-1.72	-1.61

Competitive Comparison

For the Telecom Services subindustry, Towerstream'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.

Towerstream Debt-to-Equity Distribution

For the Telecommunication Services industry and Communication Services sector, Towerstream's Debt-to-Equity distribution charts can be found below:

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

Towerstream Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Towerstream's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 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
	=	(39.041	+	0.296)	/	-24.44
	=	-1.61

Towerstream's Debt to Equity Ratio for the quarter that ended in Dec. 2018 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
	=	(39.041	+	0.296)	/	-24.44
	=	-1.61

Towerstream (OTCPK:TWER) 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.

Towerstream Debt-to-Equity Related Terms

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

Towerstream (Towerstream) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Towerstream Corp (OTCPK:TWER) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

76 Hammarlund Way, Middletown, RI, USA, 02842

Website

http://www.towerstream.com

Towerstream Corp is a US-based company providing fixed wireless services. The company operates through the Fixed Wireless Services business segment. Its fixed wireless service provides bandwidth on demand, wireless redundancy, virtual private networks, disaster recovery, bundled data and video services. The company installs receivers and antennas on rooftops to establish a wireless connection between the customer Location to one or more of its points of presence.

Executives

William John Bush	director	539 BRYANT STREET, SUITE 403, SAN FRANCISCO CA 94107
Paul Koehler	director	C/O TOWERSTREAM CORPORATION, 55 HAMMARLUND WAY, MIDDLETOWN RI 02842
Don Macneil	director	311 BROADWAY, POINT PLEASANT BEACH NJ 08742
Ernest Ortega	officer: Chief Executive Officer	18934 CANOE LANDING COURT, LEESBURG VA 20176
Jeffrey M Thompson	director, officer: President and CEO	5 SHELL CASTLE CLUB, PALMAS DEL MAR PR 00791
Joseph P Hernon	officer: Chief Financial Officer	1607 PONCE DE LEON AVENUE, SUITE 407, SAN JUAN PR 00909
Kilguss George E Iii	officer: Chief Financial Officer	C/O VERISIGN, INC., 12061 BLUEMONT WAY, RESTON VA 20190