Tirupati Graphite (LSE:TGR) Debt-to-Equity : 0.09 (As of Sep. 2023)

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What is Tirupati Graphite Debt-to-Equity?

Tirupati Graphite's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.00 Mil. Tirupati Graphite's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £2.80 Mil. Tirupati Graphite's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £30.15 Mil. Tirupati Graphite's debt to equity for the quarter that ended in Sep. 2023 was 0.09.

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

LSE:TGR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.13 Max: 0.2
Current: 0.09

During the past 6 years, the highest Debt-to-Equity Ratio of Tirupati Graphite was 0.20. The lowest was 0.01. And the median was 0.13.

LSE:TGR's Debt-to-Equity is ranked better than
56.74% of 1313 companies
in the Metals & Mining industry
Industry Median: 0.13 vs LSE:TGR: 0.09

Tirupati Graphite Debt-to-Equity Historical Data

The historical data trend for Tirupati Graphite'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.

Tirupati Graphite Debt-to-Equity Chart

Tirupati Graphite Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.01

0.20

0.16

0.07

0.17

Tirupati Graphite Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial				0.07	0.07	0.20	0.17	0.09

Competitive Comparison of Tirupati Graphite's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Tirupati Graphite'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.

Tirupati Graphite's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Tirupati Graphite's Debt-to-Equity distribution charts can be found below:

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

Tirupati Graphite Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tirupati Graphite's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(0.909	+	1.894)	/	16.848
	=	0.17

Tirupati Graphite's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	2.8)	/	30.154
	=	0.09

Tirupati Graphite (LSE:TGR) 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.

Tirupati Graphite Debt-to-Equity Related Terms

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

Tirupati Graphite (LSE:TGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tirupati Graphite PLC (LSE:TGR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TGRHF:USA 0WL:Germany

Address

118 Piccadilly, London, GBR, W1J 7NW

Website

https://www.tirupatigraphite.co.uk

Tirupati Graphite Plc is developing its business as a specialist flake graphite company and developing materials, which contributes to the green economy being critical to the energy transition goal. It operates in three primary business segments: Holding Companies Expenses, Mining Exploration and Development and Graphite Mining Extraction. The products and uses for which it is employed include lithiumion batteries, fuel cells, two-dimensional graphene, water purification, electronics, fibre optics, spintronics, refractories, electrical products, electric vehicles, flame retardants, solid-state high-temperature lubricant, conductive polymers and friction materials. The company is focused on developing the Vatomina Project and the Sahamamy Project.

Tirupati Graphite (LSE:TGR) Headlines

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