Tuga Innovations (FRA:DQ5) Debt-to-Equity : -0.13 (As of Jan. 2025)

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What is Tuga Innovations Debt-to-Equity?

Tuga Innovations's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2025 was €0.14 Mil. Tuga Innovations's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2025 was €0.00 Mil. Tuga Innovations's Total Stockholders Equity for the quarter that ended in Jan. 2025 was €-1.08 Mil. Tuga Innovations's debt to equity for the quarter that ended in Jan. 2025 was -0.13.

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 Tuga Innovations's Debt-to-Equity or its related term are showing as below:

FRA:DQ5' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.13 Med: -0.07 Max: -0.03
Current: -0.13

During the past 4 years, the highest Debt-to-Equity Ratio of Tuga Innovations was -0.03. The lowest was -0.13. And the median was -0.07.

FRA:DQ5's Debt-to-Equity is not ranked
in the Vehicles & Parts industry.
Industry Median: 0.48 vs FRA:DQ5: -0.13

Tuga Innovations Debt-to-Equity Historical Data

The historical data trend for Tuga Innovations'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.

Tuga Innovations Debt-to-Equity Chart

Tuga Innovations Annual Data

Trend

Jul21

Jul22

Jul23

Jul24

Debt-to-Equity

-0.07

Tuga Innovations Quarterly Data
	Jan21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Debt-to-Equity	Get a 7-Day Free Trial											-0.03	-0.03	-0.07	-0.11	-0.13

Competitive Comparison of Tuga Innovations's Debt-to-Equity

For the Auto Manufacturers subindustry, Tuga Innovations'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.

Tuga Innovations's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tuga Innovations's Debt-to-Equity distribution charts can be found below:

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

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Tuga Innovations Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tuga Innovations's Debt to Equity Ratio for the fiscal year that ended in Jul. 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
	=	(0.066	+	0)	/	-0.948
	=	-0.07

Tuga Innovations's Debt to Equity Ratio for the quarter that ended in Jan. 2025 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
	=	(0.143	+	0)	/	-1.083
	=	-0.13

Tuga Innovations (FRA:DQ5) 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.

Tuga Innovations Debt-to-Equity Related Terms

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Tuga Innovations Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tuga Innovations Inc (FRA:DQ5) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TUGAF:USA DQ5:Germany TUGA:Canada

Address

409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2

Website

https://www.tugainnovations.com

Tuga Innovations Inc is a development-stage electric vehicle company involved in the conception, design, and production of specialized EVs to improve the urban mobility experience. It is engaged in the reduction of urban mobility difficulties by developing a three-wheeled, fully electric fore-and-aft 2-seat vehicle.

Tuga Innovations Headlines

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