TRUK (Truck Hero) Debt-to-Equity: 34.97 (As of Jun. 2015)

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 Truck Hero Debt-to-Equity?

Truck Hero TRUK Debt-to-Equity is 34.97 as of Jun. 2015.

Truck Hero's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was $18.78 Mil. Truck Hero's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was $420.90 Mil. Truck Hero's Total Stockholders Equity for the quarter that ended in Jun. 2015 was $12.57 Mil. Truck Hero's debt to equity for the quarter that ended in Jun. 2015 was 34.97.

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

TRUK's Debt-to-Equity is not ranked *
in the Vehicles & Parts industry.
Industry Median: 0.46
* Ranked among companies with meaningful Debt-to-Equity only.

Truck Hero  (NYSE:TRUK) 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.

Truck Hero Debt-to-Equity Related Terms

Truck Hero Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Truck Hero'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.

Truck Hero Debt-to-Equity Chart

Truck Hero Annual Data
Trend Dec13 Dec14
Debt-to-Equity
29.76 72.17

Truck Hero Semi-Annual Data
Dec13 Jun14 Jun15
Debt-to-Equity 29.76 N/A 34.97

TRUK vs IMLE, PFTI, OMTK: Debt-to-Equity Comparison

For the Auto Parts subindustry, Truck Hero'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.

Truck Hero Debt-to-Equity vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Truck Hero's Debt-to-Equity distribution charts can be found below:

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


Truck Hero Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Truck Hero's Debt to Equity Ratio for the fiscal year that ended in Dec. 2014 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
=(3.4 + 385.498) / 5.389
=72.17

Truck Hero's Debt to Equity Ratio for the quarter that ended in Jun. 2015 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
=(18.78 + 420.9) / 12.572
=34.97

* 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 34.97 mean?
Truck Hero (TRUK) has a Debt-to-Equity of 34.97 as of Jun. 2015. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Truck Hero and its competitors.
Is Truck Hero's Debt-to-Equity too high?
Truck Hero's current Debt-to-Equity is 34.97. The Vehicles & Parts industry median Debt-to-Equity is 0.46. Truck Hero's value of 34.97 is 7502.2% above this industry median.
How does Truck Hero's Debt-to-Equity compare to IMLE and PFTI?
Truck Hero's Debt-to-Equity of 34.97 can be compared against companies in the Vehicles & Parts industry. The industry median Debt-to-Equity is 0.46. Truck Hero's value of 34.97 is 7502.2% above this benchmark. 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 Vehicles & Parts company?
The median Debt-to-Equity among Vehicles & Parts companies is 0.46, based on 1,218 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. Truck Hero's current Debt-to-Equity of 34.97 is 7502.2% above the industry median. 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 Truck Hero and its competitors. For the Vehicles & Parts industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Truck Hero's current Debt-to-Equity is 34.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Truck Hero stock overvalued right now?
Truck Hero (TRUK) has a current Debt-to-Equity of 34.97. The current Debt-to-Equity is 34.97 and 7502.2% above the Vehicles & Parts industry median of 0.46. 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 Truck Hero (TRUK), the current Debt-to-Equity is 34.97 as of Jun. 2015. 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.

Truck Hero Business Description

Truck Hero Inc was incorporated in Delaware in November 2007. The Company designs, manufactures and markets consumer accessories for pickup trucks. It offers a portfolio of branded and private label truck bed covers and accessories that include truck bed covers, truck caps, and bed liners custom-made fiberglass and aluminum truck caps and fiberglass truck bed covers to consumer and commercial markets and a line of retractable aluminum slat and hard-rolling truck bed covers, as well as bed rails and storage boxes. It also sells third party branded vehicle accessories online, which include floor mats, grill guards, steps, tool boxes, and towing product. The Company competes with the companies that manufacture and retail accessory and appearance products. It is subject to governmental laws and regulations.