Tanga Cement (DAR:TCPLC) Debt-to-Equity: 0.00 (As of . 20)

Author: Vera Yuan Vera Yuan
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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.
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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.

DAR:TCPLC Tanga Cement PLC DAR:TCPLC
33 GF Score
Price TZS4,200.00
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What is Tanga Cement Debt-to-Equity?

Tanga Cement DAR:TCPLC +3.10% 33 Debt-to-Equity is 0.00 as of . 20. GuruFocus rates DAR:TCPLC with a GF Score™ of 33/100. Among 370 Building Materials companies, Tanga Cement ranks worse than 270270% on this metric.

Tanga Cement's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was TZS0.00 Mil. Tanga Cement's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was TZS0.00 Mil. Tanga Cement's Total Stockholders Equity for the quarter that ended in . 20 was TZS0.00 Mil.

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

DAR:TCPLC's Debt-to-Equity is not ranked *
in the Building Materials industry.
Industry Median: 0.355
* Ranked among companies with meaningful Debt-to-Equity only.

Tanga Cement  (DAR:TCPLC) 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.

Tanga Cement Debt-to-Equity Related Terms

Tanga Cement Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Tanga Cement'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.

Tanga Cement Debt-to-Equity Chart

Tanga Cement Annual Data
Trend
Debt-to-Equity

Tanga Cement Semi-Annual Data
Debt-to-Equity

DAR:TCPLC vs : Debt-to-Equity Comparison

For the Building Materials subindustry, Tanga Cement'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.

Tanga Cement Debt-to-Equity vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Tanga Cement's Debt-to-Equity distribution charts can be found below:

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


DAR:TCPLC
33GF Score
Tanga Cement PLC DAR:TCPLC
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Tanga Cement Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tanga Cement's Debt to Equity Ratio for the fiscal year that ended in . 20 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
=( + ) / N/A
=N/A

Tanga Cement's Debt to Equity Ratio for the quarter that ended in . 20 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
=( + ) /
=N/A

* 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 0.00 mean?
Tanga Cement (DAR:TCPLC) has a Debt-to-Equity of 0.00 as of . 20. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tanga Cement and its competitors. According to the industry distribution chart, Tanga Cement ranks #999999 out of 370 companies in the Building Materials industry.
Is Tanga Cement's Debt-to-Equity too high?
Tanga Cement's current Debt-to-Equity is 0.00. Based on the distribution chart, Tanga Cement ranks #999999 out of 370 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Tanga Cement has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Tanga Cement's Debt-to-Equity compare to ?
According to the Building Materials industry distribution chart, Tanga Cement ranks #999999 out of 370 companies for Debt-to-Equity. This places Tanga Cement in the lower half of its industry. The industry median Debt-to-Equity is 0.36. 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 Building Materials company?
The median Debt-to-Equity among Building Materials companies is 0.36, based on 370 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. 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 Tanga Cement and its competitors. For the Building Materials industry, the median Debt-to-Equity is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tanga Cement's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tanga Cement stock overvalued right now?
Tanga Cement (DAR:TCPLC) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. Tanga Cement's overall GF Score™ is 33/100. 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 Tanga Cement (DAR:TCPLC), the current Debt-to-Equity is 0.00 as of . 20. 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.

Tanga Cement Business Description

Comparable Companies
Address Korogwe Road, Pongwe Factory Area, P O Box 5053, Tanga, TZA
Tanga Cement PLC formerly Tanga Cement Co Ltd is a supplier of cement in Tanzania. The company is a manufacturer of Simba cement brand products. Its main products include Simba imara-32.5R, Simba bora-42.5N and Simba barbara-32.5N.
33GF Score

Get the complete analysis for DAR:TCPLC

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

TZS4,200.00
Price