Tritium DCFC (Tritium DCFC) Debt-to-Equity : -1.54 (As of Jun. 2023)

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What is Tritium DCFC Debt-to-Equity?

Tritium DCFC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $66.20 Mil. Tritium DCFC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $154.80 Mil. Tritium DCFC's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-143.66 Mil. Tritium DCFC's debt to equity for the quarter that ended in Jun. 2023 was -1.54.

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

DCFWQ' s Debt-to-Equity Range Over the Past 10 Years
Min: -13.21 Med: -2.2 Max: -1.54
Current: -1.54

During the past 4 years, the highest Debt-to-Equity Ratio of Tritium DCFC was -1.54. The lowest was -13.21. And the median was -2.20.

DCFWQ's Debt-to-Equity is not ranked
in the Industrial Products industry.
Industry Median: 0.28 vs DCFWQ: -1.54

Tritium DCFC Debt-to-Equity Historical Data

The historical data trend for Tritium DCFC'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.

Tritium DCFC Debt-to-Equity Chart

Tritium DCFC Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

-13.21

-1.58

-2.81

-1.54

Tritium DCFC Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial			-1.58	-1.05	-2.81	-2.19	-1.54

Competitive Comparison of Tritium DCFC's Debt-to-Equity

For the Electrical Equipment & Parts subindustry, Tritium DCFC'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.

Tritium DCFC's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tritium DCFC's Debt-to-Equity distribution charts can be found below:

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

Tritium DCFC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tritium DCFC's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 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
	=	(66.2	+	154.797)	/	-143.655
	=	-1.54

Tritium DCFC's Debt to Equity Ratio for the quarter that ended in Jun. 2023 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
	=	(66.2	+	154.797)	/	-143.655
	=	-1.54

Tritium DCFC (OTCPK:DCFWQ) 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.

Tritium DCFC Debt-to-Equity Related Terms

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Tritium DCFC (Tritium DCFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tritium DCFC Ltd (OTCPK:DCFWQ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DCFC:USA

Address

48 Miller Street Murarrie, Murarrie, QLD, AUS, 4172

Website

https://www.tritiumcharging.com

Tritium DCFC Ltd designs and manufactures proprietary hardware and software to create advanced and reliable DC fast chargers for electric vehicles. The company's segment includes Hardware and Service and Maintenance. It generates maximum revenue from the Hardware segment. Geographically, it derives a majority of its revenue from the Netherlands.