TCHC (Tech Central) Debt-to-Equity: -0.09 (As of Sep. 2019)

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What is Tech Central Debt-to-Equity?

Tech Central TCHC -99.50% Debt-to-Equity is -0.09 as of Sep. 2019.

Tech Central's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $0.06 Mil. Tech Central's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2019 was $0.00 Mil. Tech Central's Total Stockholders Equity for the quarter that ended in Sep. 2019 was $-0.68 Mil. Tech Central's debt to equity for the quarter that ended in Sep. 2019 was -0.09.

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

TCHC's Debt-to-Equity is not ranked *
in the Media - Diversified industry.
Industry Median: 0.25
* Ranked among companies with meaningful Debt-to-Equity only.

Tech Central  (OTCPK:TCHC) 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.

Tech Central Debt-to-Equity Related Terms

Tech Central Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Tech Central'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.

Tech Central Debt-to-Equity Chart

Tech Central Annual Data
Trend Dec15 Dec16 Dec17 Dec18
Debt-to-Equity
0.00 0.00 0.00 0.00

Tech Central Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.00 0.00 0.00 -0.05 -0.09

TCHC vs HLWD, WRIT: Debt-to-Equity Comparison

For the Entertainment subindustry, Tech Central'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.

Tech Central Debt-to-Equity vs Media - Diversified Industry

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

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


Tech Central Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tech Central's Debt to Equity Ratio for the fiscal year that ended in Dec. 2018 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 + 0) / 0.099
=0.00

Tech Central's Debt to Equity Ratio for the quarter that ended in Sep. 2019 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
=(0.06 + 0) / -0.681
=-0.09

* 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 -0.09 mean?
Tech Central (TCHC) has a Debt-to-Equity of -0.09 as of Sep. 2019. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tech Central and its competitors.
Is Tech Central's Debt-to-Equity too high?
Tech Central's current Debt-to-Equity is -0.09.
How does Tech Central's Debt-to-Equity compare to HLWD and WRIT?
Tech Central's Debt-to-Equity of -0.09 can be compared against companies in the Media - Diversified industry. The industry median Debt-to-Equity is 0.25. 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 Media - Diversified company?
The median Debt-to-Equity among Media - Diversified companies is 0.25, based on 833 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. 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 Tech Central and its competitors. For the Media - Diversified industry, the median Debt-to-Equity is 0.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tech Central's current Debt-to-Equity is -0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tech Central stock overvalued right now?
Tech Central (TCHC) has a current Debt-to-Equity of -0.09. The current Debt-to-Equity is -0.09. 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 Tech Central (TCHC), the current Debt-to-Equity is -0.09 as of Sep. 2019. 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.

Tech Central Business Description

Address 43537 Ridge Park Drive, Abundance Building, Temecula, CA, USA, 92590
Tech Central Inc is active in the multi-media industry in the United States. Its business involves assisting its clients in website content development, especially video shots and photography. It produces high-quality video content for corporate interviews, applications and celebrity endorsements. In addition, it offers ad copywriting and voiceovers. The company's major revenue component is the fees earned from movies and commercial video work offered to its customers in the United States.