Tyman (LSE:TYMN) Debt-to-Equity : 0.44 (As of Dec. 2023)

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What is Tyman Debt-to-Equity?

Tyman's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £67.3 Mil. Tyman's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £164.1 Mil. Tyman's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £525.6 Mil. Tyman's debt to equity for the quarter that ended in Dec. 2023 was 0.44.

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

LSE:TYMN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 0.49 Max: 0.65
Current: 0.44

During the past 13 years, the highest Debt-to-Equity Ratio of Tyman was 0.65. The lowest was 0.36. And the median was 0.49.

LSE:TYMN's Debt-to-Equity is ranked better than
50.16% of 1517 companies
in the Construction industry
Industry Median: 0.44 vs LSE:TYMN: 0.44

Tyman Debt-to-Equity Historical Data

The historical data trend for Tyman'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.

Tyman Debt-to-Equity Chart

Tyman Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.65

0.51

0.46

0.44

Tyman Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.46	0.51	0.46	0.47	0.44

Competitive Comparison of Tyman's Debt-to-Equity

For the Building Products & Equipment subindustry, Tyman'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.

Tyman's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tyman's Debt-to-Equity distribution charts can be found below:

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

Tyman Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tyman'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
	=	(67.3	+	164.1)	/	525.6
	=	0.44

Tyman's Debt to Equity Ratio for the quarter 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
	=	(67.3	+	164.1)	/	525.6
	=	0.44

Tyman (LSE:TYMN) 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.

Tyman Debt-to-Equity Related Terms

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

Tyman (LSE:TYMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tyman PLC (LSE:TYMN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TYMNl:UK TYMN.GB:UK LUO1:Germany

Address

29 Queen Anne’s Gate, London, GBR, SW1H 9BU

Website

https://www.tymanplc.com

Tyman PLC operates in the building materials industry. Its product portfolio covers hardware and sealing solutions required for doors and windows and a full suite of solutions for roof, wall, and floor access in residential and commercial buildings. Some of its brands are AmesburyTruth, Access 360, ERA, SchlegelGiesse, ZOO, and Bilco. The company operates in three segments based on its geography: North America, UK & Ireland, and International. The North America segment comprises its operations within the United States, Canada, and Mexico. UK & Ireland comprises the Group's UK and Ireland hardware business, together with Access 360 and Tyman Sourcing Asia. The majority of its revenue comes from its North America segment.

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