GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Transtech Industries Inc (OTCPK:TRTI) » Definitions » Debt-to-Equity

Transtech Industries (Transtech Industries) Debt-to-Equity : 0.03 (As of Dec. 2009)


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

What is Transtech Industries Debt-to-Equity?

Transtech Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2009 was $0.02 Mil. Transtech Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2009 was $0.05 Mil. Transtech Industries's Total Stockholders Equity for the quarter that ended in Dec. 2009 was $2.23 Mil. Transtech Industries's debt to equity for the quarter that ended in Dec. 2009 was 0.03.

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

TRTI's Debt-to-Equity is not ranked *
in the Waste Management industry.
Industry Median: 0.73
* Ranked among companies with meaningful Debt-to-Equity only.

Transtech Industries Debt-to-Equity Historical Data

The historical data trend for Transtech Industries'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.

Transtech Industries Debt-to-Equity Chart

Transtech Industries Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.03

Transtech Industries Quarterly Data
Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09
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 0.01 0.01 0.03 0.03 0.03

Competitive Comparison of Transtech Industries's Debt-to-Equity

For the Waste Management subindustry, Transtech Industries'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.


Transtech Industries's Debt-to-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Transtech Industries's Debt-to-Equity distribution charts can be found below:

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



Transtech Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Transtech Industries's Debt to Equity Ratio for the fiscal year that ended in Dec. 2009 is calculated as

Transtech Industries's Debt to Equity Ratio for the quarter that ended in Dec. 2009 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.


Transtech Industries  (OTCPK:TRTI) 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.


Transtech Industries Debt-to-Equity Related Terms

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


Transtech Industries (Transtech Industries) Business Description

Traded in Other Exchanges
N/A
Address
2025 Delsea Drive, Sewell, NJ, USA, 08080
Transtech Industries Inc, through its subsidiaries, supervises and performs landfill monitoring, closure and post-closure procedures, manages methane gas recovery operations and generates electric power utilizing methane gas.

Transtech Industries (Transtech Industries) Headlines

No Headlines