Tiger Brands (Tiger Brands) Debt-to-Equity : 0.12 (As of Sep. 2023)

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What is Tiger Brands Debt-to-Equity?

Tiger Brands's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $47 Mil. Tiger Brands's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $64 Mil. Tiger Brands's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $902 Mil. Tiger Brands's debt to equity for the quarter that ended in Sep. 2023 was 0.12.

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

TBLMF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.08 Max: 0.35
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Tiger Brands was 0.35. The lowest was 0.02. And the median was 0.08.

TBLMF's Debt-to-Equity is ranked better than
77.64% of 1637 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs TBLMF: 0.12

Tiger Brands Debt-to-Equity Historical Data

The historical data trend for Tiger Brands'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.

Tiger Brands Debt-to-Equity Chart

Tiger Brands Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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0.03

0.02

0.04

0.10

0.12

Tiger Brands Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.04	0.05	0.10	0.17	0.12

Competitive Comparison of Tiger Brands's Debt-to-Equity

For the Packaged Foods subindustry, Tiger Brands'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.

Tiger Brands's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tiger Brands's Debt-to-Equity distribution charts can be found below:

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

Tiger Brands Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tiger Brands's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(46.595	+	63.852)	/	901.823
	=	0.12

Tiger Brands's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(46.595	+	63.852)	/	901.823
	=	0.12

Tiger Brands (OTCPK:TBLMF) 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.

Tiger Brands Debt-to-Equity Related Terms

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

Tiger Brands (Tiger Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tiger Brands Ltd (OTCPK:TBLMF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TBS:South Africa TBLMY:USA UG5A:Germany

Address

3010 William Nicol Drive, P.O. Box 78056, Bryanston, Sandton, Johannesburg, GT, ZAF, 2146

Website

https://www.tigerbrands.com

Tiger Brands Ltd is an African manufacturer of branded food, home-care, and personal-care products. Present in 22 African countries, the company also has global distribution in the rest of the world: Germany, the United Kingdom, Sweden, Ireland, Canada, Sweden, the Philippines, Singapore, and Taiwan, among others. The product offering includes perishables, personal-care products, home-care products, snacks, baby care, beverages, grains, groceries, and out-of-home meals. The company reports under the following segments: grains, consumer brands, Home, Personal Care and Baby (HPCB), and export and international. The Grains segment is the largest segment. Some of the best-known brands are Oros, Hall's, Rose's, Ace, Albany, Purity, Ice Cap, Hugo's, and All Good.

Tiger Brands (Tiger Brands) Headlines

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