Torotrak (LSE:TRK) Debt-to-Equity: 0.47 (As of Mar. 2017)

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What is Torotrak Debt-to-Equity?

Torotrak LSE:TRK Debt-to-Equity is 0.47 as of Mar. 2017. The stock has 4 warning signs investors should review.

Torotrak's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2017 was £0.12 Mil. Torotrak's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2017 was £1.89 Mil. Torotrak's Total Stockholders Equity for the quarter that ended in Mar. 2017 was £4.31 Mil. Torotrak's debt to equity for the quarter that ended in Mar. 2017 was 0.46.

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

LSE:TRK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0
Current: 0.47

LSE:TRK's Debt-to-Equity is not ranked
in the Vehicles & Parts industry.
Industry Median: 0.46 vs LSE:TRK: 0.47

Torotrak  (LSE:TRK) 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.


Torotrak Debt-to-Equity Related Terms


Torotrak Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Torotrak'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.

Torotrak Debt-to-Equity Chart

Torotrak Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.12 0.17 0.09 0.47

Torotrak Semi-Annual Data
Sep07 Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17
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 0.17 0.08 0.09 0.10 0.47

LSE:TRK vs DLPH: Debt-to-Equity Comparison

For the Auto Parts subindustry, Torotrak'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.


Torotrak Debt-to-Equity vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Torotrak's Debt-to-Equity distribution charts can be found below:

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



Torotrak Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Torotrak's Debt to Equity Ratio for the fiscal year that ended in Mar. 2017 is calculated as

Torotrak's Debt to Equity Ratio for the quarter that ended in Mar. 2017 is calculated as

* 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 0.47 mean?
Torotrak (LSE:TRK) has a Debt-to-Equity of 0.47 as of Mar. 2017. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Torotrak and its competitors.
Is Torotrak's Debt-to-Equity too high?
Torotrak's current Debt-to-Equity is 0.47. The Vehicles & Parts industry median Debt-to-Equity is 0.46. Torotrak's value of 0.47 is 2.2% above this industry median.
How does Torotrak's Debt-to-Equity compare to DLPH?
Torotrak's Debt-to-Equity of 0.47 can be compared against companies in the Vehicles & Parts industry. The industry median Debt-to-Equity is 0.46. Torotrak's value of 0.47 is 2.2% above 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 a Vehicles & Parts company?
The median Debt-to-Equity among Vehicles & Parts companies is 0.46, based on 1,223 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. Torotrak's current Debt-to-Equity of 0.47 is 2.2% above 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 Torotrak and its competitors. For the Vehicles & Parts industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Torotrak's current Debt-to-Equity is 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Torotrak stock overvalued right now?
Torotrak (LSE:TRK) has a current Debt-to-Equity of 0.47. The current Debt-to-Equity is 0.47 and 2.2% above the Vehicles & Parts industry median of 0.46. 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 Torotrak (LSE:TRK), the current Debt-to-Equity is 0.47 as of Mar. 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.

Torotrak Business Description

Comparable Companies LSE:SCELSE:AUTGLSE:GKNDLPH
Address 1 Aston Way, Leyland, Lancs, GBR, PR26 7UX
Torotrak PLC is a technology development company. It designs, develops and offers technologies that are focused on products, such as infinitely variable transmissions (IVTs), variable drive superchargers (V-Charge) and mechanical kinetic energy recovery systems (Flybrid). The company operates its business through the following segments, Licence Agreements, Engineering Services, and Development Activities, Including Research and The Creation of New Intellectual Property. Its Flybrid technology relates to high-speed flywheels which are used vehicles, V-Charge technology is used to control emissions in gasoline and diesel engines, and IVTs improves the performance and fuel economy of the vehicle.