TriplePoint Venture Growth BDC (FRA:6JS) Debt-to-Equity : 1.27 (As of Mar. 2024)

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What is TriplePoint Venture Growth BDC Debt-to-Equity?

TriplePoint Venture Growth BDC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.00 Mil. TriplePoint Venture Growth BDC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €397.56 Mil. TriplePoint Venture Growth BDC's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €313.97 Mil. TriplePoint Venture Growth BDC's debt to equity for the quarter that ended in Mar. 2024 was 1.27.

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 TriplePoint Venture Growth BDC's Debt-to-Equity or its related term are showing as below:

FRA:6JS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.69 Max: 1.76
Current: 1.27

During the past 11 years, the highest Debt-to-Equity Ratio of TriplePoint Venture Growth BDC was 1.76. The lowest was 0.22. And the median was 0.69.

FRA:6JS's Debt-to-Equity is ranked worse than
90.81% of 1012 companies
in the Asset Management industry
Industry Median: 0.19 vs FRA:6JS: 1.27

TriplePoint Venture Growth BDC Debt-to-Equity Historical Data

The historical data trend for TriplePoint Venture Growth BDC'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.

TriplePoint Venture Growth BDC Debt-to-Equity Chart

TriplePoint Venture Growth BDC Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.01

0.65

1.08

1.35

1.76

TriplePoint Venture Growth BDC Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															1.48	1.67	1.61	1.76	1.27

Competitive Comparison of TriplePoint Venture Growth BDC's Debt-to-Equity

For the Asset Management subindustry, TriplePoint Venture Growth BDC'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.

TriplePoint Venture Growth BDC's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, TriplePoint Venture Growth BDC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where TriplePoint Venture Growth BDC's Debt-to-Equity falls into.

TriplePoint Venture Growth BDC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TriplePoint Venture Growth BDC's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(0	+	557.441)	/	317.563
	=	1.76

TriplePoint Venture Growth BDC's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(0	+	397.559)	/	313.966
	=	1.27

TriplePoint Venture Growth BDC (FRA:6JS) 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.

TriplePoint Venture Growth BDC Debt-to-Equity Related Terms

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

TriplePoint Venture Growth BDC (FRA:6JS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » TriplePoint Venture Growth BDC Corp (FRA:6JS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TPVG:USA

Address

2755 Sand Hill Road, Suite 150, Menlo Park, CA, USA, 94025

Website

https://www.tpvg.com

TriplePoint Venture Growth BDC Corp is a closed-end, non-diversified management investment company. Its investment objective is to maximize its total return to stockholders primarily in the form of current income and, to a lesser extent, capital appreciation. The fund focuses on companies operating in the fields of biofuels, business applications software, wireless communications equipment, e-commerce, clothing and accessories, conferencing equipment and services, personal goods, financial institutions and services, entertainment, mixed retailing, and healthcare services. Geographically, all the operations of the firm function through the region of the US.

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