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Total Telcom (TSXV:TTZ) Debt-to-Equity : 0.02 (As of Dec. 2023)


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What is Total Telcom Debt-to-Equity?

Total Telcom's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.04 Mil. Total Telcom's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.04 Mil. Total Telcom's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$4.69 Mil. Total Telcom's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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

TSXV:TTZ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.07   Max: 0.13
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Total Telcom was 0.13. The lowest was 0.02. And the median was 0.07.

TSXV:TTZ's Debt-to-Equity is ranked better than
93.89% of 2193 companies
in the Hardware industry
Industry Median: 0.28 vs TSXV:TTZ: 0.02

Total Telcom Debt-to-Equity Historical Data

The historical data trend for Total Telcom'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.

Total Telcom Debt-to-Equity Chart

Total Telcom Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.12 0.09 0.07 0.04

Total Telcom Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.05 0.05 0.04 0.03 0.02

Competitive Comparison of Total Telcom's Debt-to-Equity

For the Communication Equipment subindustry, Total Telcom'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.


Total Telcom's Debt-to-Equity Distribution in the Hardware Industry

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

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



Total Telcom Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Total Telcom's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Total Telcom's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Total Telcom  (TSXV:TTZ) 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.


Total Telcom Debt-to-Equity Related Terms

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


Total Telcom (TSXV:TTZ) Business Description

Traded in Other Exchanges
Address
1632 Dickson Avenue, Suite 540, Kelowna, BC, CAN, V1Y 7T2
Total Telcom Inc along with its subsidiaries is engaged in the development and sale of remote asset monitoring and tracking products and services. Geographically, the company derives a majority of revenue from the United States and also has a presence in Canada, and other countries.
Executives
Scott Allen Director

Total Telcom (TSXV:TTZ) Headlines

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