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TGI Infrastructures (XTAE:TGI) Debt-to-Asset : 0.29 (As of Jun. 2024)


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What is TGI Infrastructures Debt-to-Asset?

TGI Infrastructures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₪15.6 Mil. TGI Infrastructures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₪50.3 Mil. TGI Infrastructures's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was ₪228.0 Mil. TGI Infrastructures's debt to asset for the quarter that ended in Jun. 2024 was 0.29.


TGI Infrastructures Debt-to-Asset Historical Data

The historical data trend for TGI Infrastructures's Debt-to-Asset 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.

TGI Infrastructures Debt-to-Asset Chart

TGI Infrastructures Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.57 0.57 0.35 0.31

TGI Infrastructures Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.45 0.35 0.34 0.31 0.29

Competitive Comparison of TGI Infrastructures's Debt-to-Asset

For the Auto Parts subindustry, TGI Infrastructures's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.


TGI Infrastructures's Debt-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, TGI Infrastructures's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where TGI Infrastructures's Debt-to-Asset falls into.



TGI Infrastructures Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

TGI Infrastructures's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(29.545 + 58.501) / 281.579
=0.31

TGI Infrastructures's Debt-to-Asset for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(15.64 + 50.277) / 228.016
=0.29

* 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.


TGI Infrastructures  (XTAE:TGI) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


TGI Infrastructures Debt-to-Asset Related Terms

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TGI Infrastructures Business Description

Traded in Other Exchanges
N/A
Address
Alon Tavor Industrial Area, POB 2001, Afula, ISR, 1812001
TGI Infrastructures Ltd, formerly Tadir-Gan (Precision Products) 1993 Ltd manufactures machined and assembled aluminum high-pressure die cast products. Its product categories include Aluminium and Magnesium products. The company's products include powertrain, transmission, steering, structural products, oil pans, valve covers, transmission parts, and other products.