TPTW (TPT Global Tech) Debt-to-Equity: -0.20 (As of Sep. 2024)

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What is TPT Global Tech Debt-to-Equity?

TPT Global Tech TPTW -99.00% Debt-to-Equity is -0.20 as of Sep. 2024.

TPT Global Tech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $18.38 Mil. TPT Global Tech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.38 Mil. TPT Global Tech's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $-95.56 Mil. TPT Global Tech's debt to equity for the quarter that ended in Sep. 2024 was -0.20.

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

TPTW's Debt-to-Equity is not ranked *
in the Hardware industry.
Industry Median: 0.27
* Ranked among companies with meaningful Debt-to-Equity only.

TPT Global Tech  (OTCPK:TPTW) 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.

TPT Global Tech Debt-to-Equity Related Terms

TPT Global Tech Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for TPT Global Tech'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.

TPT Global Tech Debt-to-Equity Chart

TPT Global Tech Annual Data
Trend Dec05 Dec06 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.97 -0.80 -0.71 -0.20 -0.19

TPT Global Tech Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.20 -0.19 -0.19 -0.19 -0.20

TPTW vs BDRL, MLRT, ELST: Debt-to-Equity Comparison

For the Communication Equipment subindustry, TPT Global Tech'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.

TPT Global Tech Debt-to-Equity vs Hardware Industry

For the Hardware industry and Technology sector, TPT Global Tech's Debt-to-Equity distribution charts can be found below:

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


TPT Global Tech Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TPT Global Tech's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
=(18.41 + 0.68) / -100.441
=-0.19

TPT Global Tech's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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
=(18.379 + 0.375) / -95.562
=-0.20

* 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 -0.20 mean?
TPT Global Tech (TPTW) has a Debt-to-Equity of -0.20 as of Sep. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on TPT Global Tech and its competitors.
Is TPT Global Tech's Debt-to-Equity too high?
TPT Global Tech's current Debt-to-Equity is -0.20.
How does TPT Global Tech's Debt-to-Equity compare to BDRL and MLRT?
TPT Global Tech's Debt-to-Equity of -0.20 can be compared against companies in the Hardware industry. The industry median Debt-to-Equity is 0.27. 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.27, based on 2,218 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 TPT Global Tech and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPT Global Tech's current Debt-to-Equity is -0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPT Global Tech stock overvalued right now?
TPT Global Tech (TPTW) has a current Debt-to-Equity of -0.20. The current Debt-to-Equity is -0.20. 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 TPT Global Tech (TPTW), the current Debt-to-Equity is -0.20 as of Sep. 2024. 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.

TPT Global Tech Business Description

Address 501 West Broadway, Suite 800, San Diego, CA, USA, 92101
TPT Global Tech Inc is engaged in the business of distribution of cell phones and telecommunications equipment. The company's operating segment includes TPT SpeedConnect; Blue Collar, and TPT MedTech and QuikLABS. It generates maximum revenue from the TPT SpeedConnect segment. The company offers offer Software as a Service (SaaS), Technology Platform as a Service (PAAS), Cloud-based Unified Communication as a Service (UCaaS) and carrier-grade performance and support for businesses over private IP MPLS fiber and wireless network in the United States. It also operates as a Master distributor for Nationwide Mobile Virtual Network Operators (MVNO) and Independent Sales Organization (ISO).