TGGI (Trans Global Group) Debt-to-Equity: 0.00 (As of Sep. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Trans Global Group Debt-to-Equity?

Trans Global Group TGGI Debt-to-Equity is 0.00 as of Sep. 2023.

Trans Global Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Trans Global Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Trans Global Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $7.71 Mil. Trans Global Group's debt to equity for the quarter that ended in Sep. 2023 was 0.00.

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

TGGI's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.18
* Ranked among companies with meaningful Debt-to-Equity only.

Trans Global Group  (OTCPK:TGGI) 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.

Trans Global Group Debt-to-Equity Related Terms

Trans Global Group Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Trans Global Group'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.

Trans Global Group Debt-to-Equity Chart

Trans Global Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial -1.02 0.00 0.00 0.00 0.01

Trans Global Group Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 N/A 0.01 0.00 0.00 0.00

TGGI vs WNFT, SRNW, DHAC: Debt-to-Equity Comparison

For the Shell Companies subindustry, Trans Global Group'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.

Trans Global Group Debt-to-Equity vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Trans Global Group's Debt-to-Equity distribution charts can be found below:

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


Trans Global Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Trans Global Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
=(0.056 + 0) / 9.384
=0.01

Trans Global Group'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
=(0 + 0) / 7.71
=0.00

* 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 0.00 mean?
Trans Global Group (TGGI) has a Debt-to-Equity of 0.00 as of Sep. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Trans Global Group and its competitors.
Is Trans Global Group's Debt-to-Equity too high?
Trans Global Group's current Debt-to-Equity is 0.00.
How does Trans Global Group's Debt-to-Equity compare to WNFT and SRNW?
Trans Global Group's Debt-to-Equity of 0.00 can be compared against companies in the Diversified Financial Services industry. The industry median Debt-to-Equity is 0.18. 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 Diversified Financial Services company?
The median Debt-to-Equity among Diversified Financial Services companies is 0.18, based on 173 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 Trans Global Group and its competitors. For the Diversified Financial Services industry, the median Debt-to-Equity is 0.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trans Global Group's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trans Global Group stock overvalued right now?
Trans Global Group (TGGI) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. 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 Trans Global Group (TGGI), the current Debt-to-Equity is 0.00 as of Sep. 2023. 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.

Trans Global Group Business Description

Address Minzhi Street, Room 2701, Block A, Zhantao Technology Building, Guangdong Province, Shenzhen, CHN, 518000
Trans Global Group Inc is a shell company.