TIPS (Tianrong Internet Products And Services) Debt-to-Equity: -0.81 (As of Sep. 2023)

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What is Tianrong Internet Products And Services Debt-to-Equity?

Tianrong Internet Products And Services TIPS Debt-to-Equity is -0.81 as of Sep. 2023.

Tianrong Internet Products And Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Tianrong Internet Products And Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.72 Mil. Tianrong Internet Products And Services's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-0.89 Mil. Tianrong Internet Products And Services's debt to equity for the quarter that ended in Sep. 2023 was -0.81.

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 Tianrong Internet Products And Services's Debt-to-Equity or its related term are showing as below:

TIPS's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

Tianrong Internet Products And Services  (OTCPK:TIPS) 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.

Tianrong Internet Products And Services Debt-to-Equity Related Terms

Tianrong Internet Products And Services Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Tianrong Internet Products And Services'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.

Tianrong Internet Products And Services Debt-to-Equity Chart

Tianrong Internet Products And Services Annual Data
Trend
Debt-to-Equity

Tianrong Internet Products And Services Semi-Annual Data
Sep22 Sep23
Debt-to-Equity N/A -0.81

TIPS vs TPIC, BW, HNOI: Debt-to-Equity Comparison

For the Specialty Industrial Machinery subindustry, Tianrong Internet Products And Services'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.

Tianrong Internet Products And Services Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tianrong Internet Products And Services's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tianrong Internet Products And Services's Debt-to-Equity falls into.


Tianrong Internet Products And Services Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tianrong Internet Products And Services's Debt to Equity Ratio for the fiscal year that ended in . 20 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
=( + ) / N/A
=N/A

Tianrong Internet Products And Services'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 + 0.719) / -0.889
=-0.81

* 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 -0.81 mean?
Tianrong Internet Products And Services (TIPS) has a Debt-to-Equity of -0.81 as of Sep. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tianrong Internet Products And Services and its competitors.
Is Tianrong Internet Products And Services' Debt-to-Equity too high?
Tianrong Internet Products And Services' current Debt-to-Equity is -0.81.
How does Tianrong Internet Products And Services' Debt-to-Equity compare to TPIC and BW?
Tianrong Internet Products And Services' Debt-to-Equity of -0.81 can be compared against companies in the Industrial Products industry. The industry median Debt-to-Equity is 0.28. 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 an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,676 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 Tianrong Internet Products And Services and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianrong Internet Products And Services's current Debt-to-Equity is -0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianrong Internet Products And Services stock overvalued right now?
Tianrong Internet Products And Services (TIPS) has a current Debt-to-Equity of -0.81. The current Debt-to-Equity is -0.81. 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 Tianrong Internet Products And Services (TIPS), the current Debt-to-Equity is -0.81 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.

Tianrong Internet Products And Services Business Description

Address 2374 Route 390, Mountainhome, PA, USA, 18342
Tianrong Internet Products And Services Inc is a United States-based holding company whose planning is the acquisition and management of assets in the heavy equipment industry.