Taylor Maritime Investments (LSE:TMI) Debt-to-Equity : 0.00 (As of Sep. 2023)

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What is Taylor Maritime Investments Debt-to-Equity?

Taylor Maritime Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Taylor Maritime Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Taylor Maritime Investments's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $433.16 Mil. Taylor Maritime Investments's debt to equity for the quarter that ended in Sep. 2023 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 Taylor Maritime Investments's Debt-to-Equity or its related term are showing as below:

LSE:TMI's Debt-to-Equity is not ranked ^*
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Taylor Maritime Investments Debt-to-Equity Historical Data

The historical data trend for Taylor Maritime Investments'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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Taylor Maritime Investments Debt-to-Equity Chart

Taylor Maritime Investments Annual Data

Trend

Mar22

Mar23

Debt-to-Equity

Taylor Maritime Investments Semi-Annual Data
	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	-	-	-	-	-

Competitive Comparison of Taylor Maritime Investments's Debt-to-Equity

For the Asset Management subindustry, Taylor Maritime Investments'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.

Taylor Maritime Investments's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Taylor Maritime Investments's Debt-to-Equity distribution charts can be found below:

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

Taylor Maritime Investments Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Taylor Maritime Investments'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	+	0)	/	566.114
	=	0.00

Taylor Maritime Investments'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	+	0)	/	433.157
	=	0.00

Taylor Maritime Investments (LSE:TMI) 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.

Taylor Maritime Investments Debt-to-Equity Related Terms

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

Taylor Maritime Investments (LSE:TMI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Taylor Maritime Investments Ltd (LSE:TMI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TMIPl:UK

Address

1 Royal Plaza, Royal Avenue, Saint Peter Port, GGY, GY1 2HL

Website

https://www.taylormaritimeinvestments.com

Taylor Maritime Investments Ltd is an internally managed investment company and will invest in a diversified portfolio of vessels that will primarily be second-hand Geared Ships.

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