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Teka-Tecelagem Kuehnrich (BSP:TEKA4) Debt-to-Equity : -0.26 (As of Dec. 2023)


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What is Teka-Tecelagem Kuehnrich Debt-to-Equity?

Teka-Tecelagem Kuehnrich's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$519.8 Mil. Teka-Tecelagem Kuehnrich's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$25.8 Mil. Teka-Tecelagem Kuehnrich's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R$-2,070.0 Mil. Teka-Tecelagem Kuehnrich's debt to equity for the quarter that ended in Dec. 2023 was -0.26.

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 Teka-Tecelagem Kuehnrich's Debt-to-Equity or its related term are showing as below:

BSP:TEKA4' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.33   Med: -0.3   Max: -0.26
Current: -0.26

During the past 13 years, the highest Debt-to-Equity Ratio of Teka-Tecelagem Kuehnrich was -0.26. The lowest was -0.33. And the median was -0.30.

BSP:TEKA4's Debt-to-Equity is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.44 vs BSP:TEKA4: -0.26

Teka-Tecelagem Kuehnrich Debt-to-Equity Historical Data

The historical data trend for Teka-Tecelagem Kuehnrich'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.

Teka-Tecelagem Kuehnrich Debt-to-Equity Chart

Teka-Tecelagem Kuehnrich Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.30 -0.31 -0.32 -0.26 -0.26

Teka-Tecelagem Kuehnrich Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.26 -0.26 -0.27 -0.27 -0.26

Competitive Comparison of Teka-Tecelagem Kuehnrich's Debt-to-Equity

For the Textile Manufacturing subindustry, Teka-Tecelagem Kuehnrich'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.


Teka-Tecelagem Kuehnrich's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Teka-Tecelagem Kuehnrich's Debt-to-Equity distribution charts can be found below:

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



Teka-Tecelagem Kuehnrich Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Teka-Tecelagem Kuehnrich's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Teka-Tecelagem Kuehnrich's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Teka-Tecelagem Kuehnrich  (BSP:TEKA4) 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.


Teka-Tecelagem Kuehnrich Debt-to-Equity Related Terms

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


Teka-Tecelagem Kuehnrich (BSP:TEKA4) Business Description

Traded in Other Exchanges
Address
R Paulo Kuehnrich 68, Bairro Itoupava Norte, Blumenau, SC, BRA, 89052900
Teka-Tecelagem Kuehnrich SA is engaged in the textile industry. Through its three lines of business - Home, Profiline and Exports - it produces and offers bed, table and bath textile products, among others.

Teka-Tecelagem Kuehnrich (BSP:TEKA4) Headlines

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