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Tracsis (AQSE:TRCS.GB) Debt-to-Equity : 0.03 (As of Jul. 2024)


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What is Tracsis Debt-to-Equity?

Tracsis's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was £1.12 Mil. Tracsis's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was £0.74 Mil. Tracsis's Total Stockholders Equity for the quarter that ended in Jul. 2024 was £68.17 Mil. Tracsis's debt to equity for the quarter that ended in Jul. 2024 was 0.03.

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

AQSE:TRCS.GB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.05
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Tracsis was 0.05. The lowest was 0.01. And the median was 0.03.

AQSE:TRCS.GB's Debt-to-Equity is ranked better than
87.01% of 2210 companies
in the Software industry
Industry Median: 0.22 vs AQSE:TRCS.GB: 0.03

Tracsis Debt-to-Equity Historical Data

The historical data trend for Tracsis'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.

Tracsis Debt-to-Equity Chart

Tracsis Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.05 0.03 0.03

Tracsis Semi-Annual Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
Debt-to-Equity 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 0.05 0.04 0.03 0.03 0.03

Competitive Comparison of Tracsis's Debt-to-Equity

For the Software - Application subindustry, Tracsis'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.


Tracsis's Debt-to-Equity Distribution in the Software Industry

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

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



Tracsis Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tracsis's Debt to Equity Ratio for the fiscal year that ended in Jul. 2024 is calculated as

Tracsis's Debt to Equity Ratio for the quarter that ended in Jul. 2024 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.


Tracsis  (AQSE:TRCS.GB) 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.


Tracsis Debt-to-Equity Related Terms

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


Tracsis Business Description

Traded in Other Exchanges
Address
Discovery Way, Nexus, Leeds, GBR, LS2 3AA
Tracsis PLC is engaged in the business of software development and consultancy for the rail industry. It is organized into two main business segments: Rail Technology and Services and Data, Analytics, Consultancy & Events. The Rail Technology and Services division includes software, consultancy, and remote condition monitoring technology and also includes Ontrac. The Data, Analytics, Consultancy & Events division which derives majority revenue, focuses on data capture and analytics, geographic information systems, earth observation, consultancy and event traffic management within a range of transport and pedestrian rich environments. The company currently operates in three geographical markets: the United Kingdom, Ireland, Europe, North America Australia, and the Rest of the world.

Tracsis Headlines

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