Turnium Technology Group (FRA:E48) Debt-to-Equity: -1.52 (As of Jun. 2026)

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What is Turnium Technology Group Debt-to-Equity?

Turnium Technology Group FRA:E48 Debt-to-Equity is -1.52 as of Jun. 2026. The stock has 8 warning signs investors should review. Among 2,246 Software companies, Turnium Technology Group ranks worse than 44523.55% on this metric.

Turnium Technology Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €2.77 Mil. Turnium Technology Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €9.91 Mil. Turnium Technology Group's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €-8.33 Mil. Turnium Technology Group's debt to equity for the quarter that ended in Jun. 2026 was -1.52.

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 Turnium Technology Group's Debt-to-Equity or its related term are showing as below:

FRA:E48' s Debt-to-Equity Range Over the Past 10 Years
Min: -28.5   Med: -1.2   Max: -0.53
Current: -1.46

During the past 6 years, the highest Debt-to-Equity Ratio of Turnium Technology Group was -0.53. The lowest was -28.50. And the median was -1.20.

FRA:E48's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.205 vs FRA:E48: -1.46

Turnium Technology Group  (FRA:E48) 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.

Turnium Technology Group Debt-to-Equity Related Terms

Turnium Technology Group Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Turnium Technology Group'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.

Turnium Technology Group Debt-to-Equity Chart

Turnium Technology Group Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-Equity
Get a 7-Day Free Trial -0.53 -2.01 -1.30 -28.57 -0.83

Turnium Technology Group 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 -3.19 -0.83 -0.76 -1.46 -1.52

FRA:E48 vs MSFT, PLTR, ORCL: Debt-to-Equity Comparison

For the Software - Infrastructure subindustry, Turnium Technology Group'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.

Turnium Technology Group Debt-to-Equity vs Software Industry

For the Software industry and Technology sector, Turnium Technology Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Turnium Technology Group's Debt-to-Equity falls into.


Turnium Technology Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Turnium Technology Group's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
=(3.466 + 1.673) / -6.196
=-0.83

Turnium Technology Group's Debt to Equity Ratio for the quarter that ended in Jun. 2026 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
=(2.766 + 9.91) / -8.332
=-1.52

* 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 -1.52 mean?
Turnium Technology Group (FRA:E48) has a Debt-to-Equity of -1.52 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Turnium Technology Group and its competitors. According to the industry distribution chart, Turnium Technology Group ranks #999999 out of 2246 companies in the Software industry.
Is Turnium Technology Group's Debt-to-Equity too high?
Turnium Technology Group's current Debt-to-Equity is -1.52. Based on the distribution chart, Turnium Technology Group ranks #999999 out of 2246 companies in the Software industry, which is in the bottom quartile relative to peers.
How does Turnium Technology Group's Debt-to-Equity compare to MSFT and PLTR?
According to the Software industry distribution chart, Turnium Technology Group ranks #999999 out of 2246 companies for Debt-to-Equity. This places Turnium Technology Group in the lower half of its industry. The industry median Debt-to-Equity is 0.21. 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 Software company?
The median Debt-to-Equity among Software companies is 0.21, based on 2,246 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 Turnium Technology Group and its competitors. For the Software industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turnium Technology Group's current Debt-to-Equity is -1.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turnium Technology Group stock overvalued right now?
Based on GuruFocus' analysis, Turnium Technology Group (FRA:E48) is currently considered Possible Value Trap. The stock's GF Value™ is €0.04, compared to a current price of €0.02 — trading 47% below its estimated fair value. The current Debt-to-Equity is -1.52. 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 Turnium Technology Group (FRA:E48), the current Debt-to-Equity is -1.52 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.

Turnium Technology Group Business Description

Other Exchanges TTGI:Canada
Address 3355 Grandview Highway, Vancouver, BC, CAN, V5M 1Z5
Turnium Technology Group Inc invests in companies that are creating software-defined networks for service providers, enterprises, and small-medium business. The company deliver its software-defined wide area networking solution as a white label, containerized, disaggregated software platform that channel partners host, manage, brand, and price and as a managed cloud-native service. The Company's operations consist of two operating and reportable segments being Tenacious Networks Inc and Turnium Network Solutions Inc.