TMP Group SpA (MIL:TMP) Debt-to-Equity : 0.16 (As of Jun. 2023)

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What is TMP Group SpA Debt-to-Equity?

TMP Group SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.50 Mil. TMP Group SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.54 Mil. TMP Group SpA's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €6.49 Mil. TMP Group SpA's debt to equity for the quarter that ended in Jun. 2023 was 0.16.

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 TMP Group SpA's Debt-to-Equity or its related term are showing as below:

MIL:TMP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.47 Max: 0.5
Current: 0.22

During the past 3 years, the highest Debt-to-Equity Ratio of TMP Group SpA was 0.50. The lowest was 0.22. And the median was 0.47.

MIL:TMP's Debt-to-Equity is ranked better than
55.56% of 846 companies
in the Media - Diversified industry
Industry Median: 0.28 vs MIL:TMP: 0.22

TMP Group SpA Debt-to-Equity Historical Data

The historical data trend for TMP Group SpA'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.

TMP Group SpA Debt-to-Equity Chart

TMP Group SpA Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

0.47

0.50

0.22

TMP Group SpA Quarterly Data
	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	0.45	0.50	0.16	0.22

Competitive Comparison of TMP Group SpA's Debt-to-Equity

For the Advertising Agencies subindustry, TMP Group SpA'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.

TMP Group SpA's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, TMP Group SpA's Debt-to-Equity distribution charts can be found below:

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

TMP Group SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TMP Group SpA'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
	=	(0.45	+	0.721)	/	5.327
	=	0.22

TMP Group SpA's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(0.498	+	0.542)	/	6.492
	=	0.16

TMP Group SpA (MIL:TMP) 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.

TMP Group SpA Debt-to-Equity Related Terms

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TMP Group SpA (MIL:TMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » TMP Group SpA (MIL:TMP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Tortona, 27, Milan, ITA, 20144

Website

https://www.tmpgroup.it

TMP Group SpA operates as a media company. It supports companies in the Manufactory, Fin-tech, Sport, and Fashion and Design industries in the management of positioning projects, business innovation, identity, and digital transformation through Digital Marketing, Experience and Events, Production, and Metaverse and NFT activities.