Turbo Power Systems (LSE:TPS) Debt-to-Equity: 0.13 (As of Jun. 2017)

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What is Turbo Power Systems Debt-to-Equity?

Turbo Power Systems LSE:TPS +16.67% Debt-to-Equity is 0.13 as of Jun. 2017. The stock has 6 warning signs investors should review.

Turbo Power Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was £0.31 Mil. Turbo Power Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was £0.00 Mil. Turbo Power Systems's Total Stockholders Equity for the quarter that ended in Jun. 2017 was £2.48 Mil. Turbo Power Systems's debt to equity for the quarter that ended in Jun. 2017 was 0.13.

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 Turbo Power Systems's Debt-to-Equity or its related term are showing as below:

LSE:TPS's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

Turbo Power Systems  (LSE:TPS) 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.

Turbo Power Systems Debt-to-Equity Related Terms

Turbo Power Systems Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Turbo Power Systems'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.

Turbo Power Systems Debt-to-Equity Chart

Turbo Power Systems Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.09 -1.77 -1.46 0.00 0.11

Turbo Power Systems Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 0.18 0.09 0.11 0.12 0.13

Turbo Power Systems Debt-to-Equity Competitor Comparison

For the Specialty Industrial Machinery subindustry, Turbo Power Systems'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.

Turbo Power Systems Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Turbo Power Systems's Debt-to-Equity distribution charts can be found below:

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


Turbo Power Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Turbo Power Systems's Debt to Equity Ratio for the fiscal year that ended in Dec. 2016 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
=(0.328 + 0) / 3.132
=0.10

Turbo Power Systems's Debt to Equity Ratio for the quarter that ended in Jun. 2017 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
=(0.314 + 0) / 2.481
=0.13

* 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 0.13 mean?
Turbo Power Systems (LSE:TPS) has a Debt-to-Equity of 0.13 as of Jun. 2017. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Turbo Power Systems and its competitors.
Is Turbo Power Systems' Debt-to-Equity too high?
Turbo Power Systems' current Debt-to-Equity is 0.13. The Industrial Products industry median Debt-to-Equity is 0.28. Turbo Power Systems' value of 0.13 is 53.6% below this industry median.
How does Turbo Power Systems' Debt-to-Equity compare to competitors?
Turbo Power Systems' Debt-to-Equity of 0.13 can be compared against companies in the Industrial Products industry. The industry median Debt-to-Equity is 0.28. Turbo Power Systems' value of 0.13 is 53.6% below this benchmark. 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 an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,685 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. Turbo Power Systems's current Debt-to-Equity of 0.13 is 53.6% below the industry median. 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 Turbo Power Systems and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turbo Power Systems's current Debt-to-Equity is 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turbo Power Systems stock overvalued right now?
Turbo Power Systems (LSE:TPS) has a current Debt-to-Equity of 0.13. The current Debt-to-Equity is 0.13 and 53.6% below the Industrial Products industry median of 0.28. 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 Turbo Power Systems (LSE:TPS), the current Debt-to-Equity is 0.13 as of Jun. 2017. 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.

Turbo Power Systems Business Description

Turbo Power Systems Inc was incorporated on March 23, 1987. The Company designs and manufactures high-speed electric motors, generators and power electronics systems and provides bespoke solutions to transport, industrial, energy conversion, and military markets The Company conducts operations through its wholly owned subsidiary company, Turbo Power Systems Limited.