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TTFB Co (ROCO:2729) Debt-to-Equity : 0.68 (As of Mar. 2024)


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What is TTFB Co Debt-to-Equity?

TTFB Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$712 Mil. TTFB Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,087 Mil. TTFB Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was NT$2,650 Mil. TTFB Co's debt to equity for the quarter that ended in Mar. 2024 was 0.68.

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

ROCO:2729' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.92   Max: 1.49
Current: 0.68

During the past 13 years, the highest Debt-to-Equity Ratio of TTFB Co was 1.49. The lowest was 0.00. And the median was 0.92.

ROCO:2729's Debt-to-Equity is ranked better than
60.6% of 302 companies
in the Restaurants industry
Industry Median: 0.925 vs ROCO:2729: 0.68

TTFB Co Debt-to-Equity Historical Data

The historical data trend for TTFB Co'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.

TTFB Co Debt-to-Equity Chart

TTFB Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.49 1.23 1.26 0.58 0.66

TTFB Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.48 0.58 0.63 0.66 0.68

Competitive Comparison of TTFB Co's Debt-to-Equity

For the Restaurants subindustry, TTFB Co'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.


TTFB Co's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, TTFB Co's Debt-to-Equity distribution charts can be found below:

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



TTFB Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TTFB Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

TTFB Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


TTFB Co  (ROCO:2729) 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.


TTFB Co Debt-to-Equity Related Terms

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


TTFB Co (ROCO:2729) Business Description

Traded in Other Exchanges
N/A
Address
7th Floor-1, No. 176, Jian 1st Road, Zhonghe District, New Taipei, TWN, 235
TTFB Co Ltd is engaged in the operation of the oriental food chain restaurant. It operates three brands which are 'Thai Town Cuisine', 'VeryThai Restaurant' and Hunan Cuisine '1010xiang'. The company generates maximum revenue from the Restaurant service segment.

TTFB Co (ROCO:2729) Headlines

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