GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Thermwood Corp (OTCPK:TOOD) » Definitions » Debt-to-Equity

Thermwood (Thermwood) Debt-to-Equity : 0.89 (As of Jul. 2001)


View and export this data going back to 2001. Start your Free Trial

What is Thermwood Debt-to-Equity?

Thermwood's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2001 was $0.03 Mil. Thermwood's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2001 was $3.08 Mil. Thermwood's Total Stockholders Equity for the quarter that ended in Jul. 2001 was $3.49 Mil. Thermwood's debt to equity for the quarter that ended in Jul. 2001 was 0.89.

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

TOOD's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Thermwood Debt-to-Equity Historical Data

The historical data trend for Thermwood'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.

Thermwood Debt-to-Equity Chart

Thermwood Annual Data
Trend Jul92 Jul93 Jul94 Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.41 1.34 1.39 0.89

Thermwood Quarterly Data
Oct96 Jan97 Apr97 Jul97 Oct97 Jan98 Apr98 Jul98 Oct98 Jan99 Apr99 Jul99 Oct99 Jan00 Apr00 Jul00 Oct00 Jan01 Apr01 Jul01
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 1.39 1.26 1.44 0.78 0.89

Competitive Comparison of Thermwood's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Thermwood'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.


Thermwood's Debt-to-Equity Distribution in the Industrial Products Industry

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

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



Thermwood Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Thermwood's Debt to Equity Ratio for the fiscal year that ended in Jul. 2001 is calculated as

Thermwood's Debt to Equity Ratio for the quarter that ended in Jul. 2001 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.


Thermwood  (OTCPK:TOOD) 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.


Thermwood Debt-to-Equity Related Terms

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


Thermwood (Thermwood) Business Description

Traded in Other Exchanges
N/A
Address
904 Dale-Buffaloville Road, P.O. Box 436, Dale, IN, USA, 47523-9057
Thermwood Corp is engaged in the development, manufacture, and distribute technology-based products and software for manufacturing as well as provide formal technology training. The company caters to the needs of marine industry, medical industry, military/defense, construction industry, among others.

Thermwood (Thermwood) Headlines

No Headlines