Tassal Group (Tassal Group) Debt-to-Equity : 0.67 (As of Jun. 2022)

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What is Tassal Group Debt-to-Equity?

Tassal Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $38.0 Mil. Tassal Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $356.4 Mil. Tassal Group's Total Stockholders Equity for the quarter that ended in Jun. 2022 was $591.0 Mil. Tassal Group's debt to equity for the quarter that ended in Jun. 2022 was 0.67.

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

TSLLF's Debt-to-Equity is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 0.4
* Ranked among companies with meaningful Debt-to-Equity only.

Tassal Group Debt-to-Equity Historical Data

The historical data trend for Tassal Group'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.

Tassal Group Debt-to-Equity Chart

Tassal Group Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Debt-to-Equity

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0.23

0.32

0.55

0.70

0.67

Tassal Group Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Debt-to-Equity	Get a 7-Day Free Trial															0.55	0.63	0.70	0.67	0.67

Competitive Comparison of Tassal Group's Debt-to-Equity

For the Farm Products subindustry, Tassal Group'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.

Tassal Group's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tassal Group's Debt-to-Equity distribution charts can be found below:

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

Tassal Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tassal Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 2022 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
	=	(37.976	+	356.42)	/	591.045
	=	0.67

Tassal Group's Debt to Equity Ratio for the quarter that ended in Jun. 2022 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
	=	(37.976	+	356.42)	/	591.045
	=	0.67

Tassal Group (OTCPK:TSLLF) 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.

Tassal Group Debt-to-Equity Related Terms

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Tassal Group (Tassal Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tassal Group Ltd (OTCPK:TSLLF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Franklin Wharf, Level 9, Marine Board Building, GPO Box 1645, Hobart, TAS, AUS, 7000

Website

https://www.tassalgroup.com.au

Tassal Group Ltd is a seafood producer. The company's activities are to farm, process, market, and sell salmon and to procure, process, market and sell other seafood species. Its Salmon products include a Fresh deli, Fresh packaged Salmon, Smoked Salmon, and Roasted Salmon. The company operates under the business segments of Domestic and Export market. It derives maximum revenue from the domestic segment.