Thalassa Holdings (LSE:THAL) Debt-to-Equity : 0.00 (As of Jun. 2024)

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What is Thalassa Holdings Debt-to-Equity?

Thalassa Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £0.00 Mil. Thalassa Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was £0.00 Mil. Thalassa Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was £9.46 Mil. Thalassa Holdings'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 Thalassa Holdings's Debt-to-Equity or its related term are showing as below:

LSE:THAL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16 Med: 0.28 Max: 0.59
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Thalassa Holdings was 0.59. The lowest was 0.16. And the median was 0.28.

LSE:THAL's Debt-to-Equity is ranked better than
72.48% of 825 companies
in the Oil & Gas industry
Industry Median: 0.45 vs LSE:THAL: 0.17

Thalassa Holdings Debt-to-Equity Historical Data

The historical data trend for Thalassa Holdings'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.

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Thalassa Holdings Debt-to-Equity Chart

Thalassa Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.30

0.51

0.16

0.17

Thalassa Holdings 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															0.16	0.16	0.16	0.17	-

Competitive Comparison of Thalassa Holdings's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Thalassa Holdings'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.

Thalassa Holdings's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Thalassa Holdings's Debt-to-Equity distribution charts can be found below:

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

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Thalassa Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Thalassa Holdings'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
	=	(0.173	+	1.404)	/	9.206
	=	0.17

Thalassa Holdings'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)	/	9.463
	=	0.00

Thalassa Holdings (LSE:THAL) 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.

Thalassa Holdings Debt-to-Equity Related Terms

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

Thalassa Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Thalassa Holdings Ltd (LSE:THAL) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Folio Chambers, P.O. Box 800, Tortola, Road Town, VGB, VG1110

Website

https://www.thalassaholdingsltd.com

Thalassa Holdings Ltd is an international business company. It is a holding company with interests in property, and marine seismic/defense R&D. The company has two operating segments comprised of rental income through the Aperion Group and Product Development through the rest of the Group.

Thalassa Holdings Headlines

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