Track & Field Co (BSP:TFCO4) Debt-to-Equity: 0.28 (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:TFCO4 Track & Field Co SA BSP:TFCO4
96 GF Score
Price R$13.35
GF Value R$19.16
Valuation Significantly Undervalued
View Full Analysis

What is Track & Field Co Debt-to-Equity?

Track & Field Co BSP:TFCO4 +4.46% 96 Debt-to-Equity is 0.28 as of Jun. 2026, which is 3% below its 10-year median of 0.29. GuruFocus rates BSP:TFCO4 with a GF Score™ of 96/100 and a GF Value™ of R$19.16 (Significantly Undervalued). Among 1,009 Retail - Cyclical companies, Track & Field Co ranks better than 70.07% on this metric.

Track & Field Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was R$17 Mil. Track & Field Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was R$154 Mil. Track & Field Co's Total Stockholders Equity for the quarter that ended in Jun. 2026 was R$613 Mil. Track & Field Co's debt to equity for the quarter that ended in Jun. 2026 was 0.28.

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 Track & Field Co's Debt-to-Equity or its related term are showing as below:

BSP:TFCO4' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.29   Max: 4.21
Current: 0.28

During the past 9 years, the highest Debt-to-Equity Ratio of Track & Field Co was 4.21. The lowest was 0.02. And the median was 0.29.

BSP:TFCO4's Debt-to-Equity is ranked better than
70.07% of 1009 companies
in the Retail - Cyclical industry
Industry Median: 0.57 vs BSP:TFCO4: 0.28

Track & Field Co  (BSP:TFCO4) 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.


Track & Field Co Debt-to-Equity Related Terms


Track & Field Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Track & Field Co'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.

Track & Field Co Debt-to-Equity Chart

Track & Field Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.31 0.29 0.25 0.32 0.30

Track & Field Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.29 0.32 0.30 0.30 0.28

BSP:TFCO4 vs TJX, ROST, BURL: Debt-to-Equity Comparison

For the Apparel Retail subindustry, Track & Field Co'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.


Track & Field Co Debt-to-Equity vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Track & Field Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Track & Field Co's Debt-to-Equity falls into.


BSP:TFCO4
96GF Score
Track & Field Co SA BSP:TFCO4
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Track & Field Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Track & Field Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Track & Field Co's Debt to Equity Ratio for the quarter that ended in Jun. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.28 mean?
Track & Field Co (BSP:TFCO4) has a Debt-to-Equity of 0.28 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Track & Field Co and its competitors. This is near median its historical median of 0.29. Over the past decade, Track & Field Co's Debt-to-Equity has ranged from 0.02 to 4.21. According to the industry distribution chart, Track & Field Co ranks #302 out of 1009 companies in the Retail - Cyclical industry, placing it in the top 29.9%.
Is Track & Field Co's Debt-to-Equity too high?
Track & Field Co's current Debt-to-Equity of 0.28 is near median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 4.21. The Retail - Cyclical industry median Debt-to-Equity is 0.57. Track & Field Co's value of 0.28 is 50.9% below this industry median. Based on the distribution chart, Track & Field Co ranks #302 out of 1009 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Track & Field Co has a GF Score™ of 96/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Track & Field Co's Debt-to-Equity compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Track & Field Co ranks #302 out of 1009 companies for Debt-to-Equity. This puts Track & Field Co in the upper half of its industry. The industry median Debt-to-Equity is 0.57. Track & Field Co's value of 0.28 is 50.9% below this benchmark. Historically, Track & Field Co's own Debt-to-Equity has ranged from 0.02 to 4.21 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 0.57, Track & Field Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Retail - Cyclical company?
The median Debt-to-Equity among Retail - Cyclical companies is 0.57, based on 1,009 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Track & Field Co's current Debt-to-Equity of 0.28 is 50.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Track & Field Co and its competitors. For the Retail - Cyclical industry, the median Debt-to-Equity is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Track & Field Co's current Debt-to-Equity is 0.28, which is near median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Track & Field Co stock overvalued right now?
Based on GuruFocus' analysis, Track & Field Co (BSP:TFCO4) is currently considered Significantly Undervalued. The stock's GF Value™ is R$19.16, compared to a current price of R$13.35 — trading 30.3% below its estimated fair value. The current Debt-to-Equity is 0.28, which is near median its 10-year median of 0.29 and 50.9% below the Retail - Cyclical industry median of 0.57. Track & Field Co's overall GF Score™ is 96/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Track & Field Co (BSP:TFCO4), the current Debt-to-Equity is 0.28 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Track & Field Co (BSP:TFCO4) Overvalued in 2026?

Based on GuruFocus' analysis, Track & Field Co stock appears to be undervalued. The current stock price of R$13.35 is trading 30.3% below its estimated GF Value™ of R$19.16. GuruFocus considers Track & Field Co to be Significantly Undervalued.

Key valuation signals for BSP:TFCO4:

  • Debt-to-Equity: 0.28 (near median its 10-year median of 0.29)
  • GF Value™: R$19.16 vs. price of R$13.35 (30.3% below fair value)
  • GF Score™: 96/100
  • Industry Position: 50.9% below the Retail - Cyclical median (#302 of 1009)

No single metric tells the full story. See the BSP:TFCO4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Track & Field Co Business Description

Address No. 387, 8th and 9th Floor, Rua Dr. Eduardo Souza Aranha, Edificio Juscelino Plaza, Itaim Bibi, Sao Paulo, SP, BRA, 04543-121
Track & Field Co SA is a sports apparel retailer. The company is engaged in the development and sale of sports and general leisure products (footwear, apparel, equipment, and accessories) originating from the domestic and foreign markets, and holding interests in other entities, conducting business franchise management, franchising, and promoting and organizing sporting events, and operating in the food industry. It operates in single segment, i.e., the retail industry, which comprises the development and sale of clothing, accessories and sporting experiences aimed at reinforcing the brand positioning and boosting the flow of customers to the stores.
96GF Score

Get the complete analysis for BSP:TFCO4

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$13.35
Price
R$19.16
GF Value