Trencor (JSE:TRE) Debt-to-Equity : 0.00 (As of Jun. 2024)

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What is Trencor Debt-to-Equity?

Trencor's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was R0.00 Mil. Trencor's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was R0.00 Mil. Trencor's Total Stockholders Equity for the quarter that ended in Jun. 2024 was R1,427.00 Mil. Trencor's debt to equity for the quarter that ended in Jun. 2024 was 0.00.

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

During the past 13 years, the highest Debt-to-Equity Ratio of Trencor was 5.56. The lowest was 0.00. And the median was 2.08.

JSE:TRE's Debt-to-Equity is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 0.15
* Ranked among companies with meaningful Debt-to-Equity only.

Trencor Debt-to-Equity Historical Data

The historical data trend for Trencor'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.

Trencor Debt-to-Equity Chart

Trencor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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Trencor Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Trencor's Debt-to-Equity

For the Shell Companies subindustry, Trencor'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.

Trencor's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Trencor's Debt-to-Equity distribution charts can be found below:

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

Trencor Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Trencor'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	+	0)	/	1410
	=	0.00

Trencor's Debt to Equity Ratio for the quarter that ended in Jun. 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	+	0)	/	1427
	=	0.00

Trencor (JSE:TRE) 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.

Trencor Debt-to-Equity Related Terms

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Trencor Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Trencor Ltd (JSE:TRE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

11 Kloof Road, Suite 304, Sea Point Medical Centre, Sea Point, Cape Town, ZAF, 8005

Website

https://www.trencor.net

Trencor Ltd is a South Africa-based cash company. The company intends to distribute its cash resources to shareholders as and when these become commercially available. Its subsidiaries include TAC Limited, which is engaged in container asset-owning business, and Trencor Services Proprietary Limited, which provides corporate administration services.

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