Trenchant Technologies Capital (XCNQ:AITT) Debt-to-Equity : 0.20 (As of Jun. 2024)

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What is Trenchant Technologies Capital Debt-to-Equity?

Trenchant Technologies Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was C$0.07 Mil. Trenchant Technologies Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was C$0.53 Mil. Trenchant Technologies Capital's Total Stockholders Equity for the quarter that ended in Jun. 2024 was C$2.93 Mil. Trenchant Technologies Capital's debt to equity for the quarter that ended in Jun. 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 Trenchant Technologies Capital's Debt-to-Equity or its related term are showing as below:

XCNQ:AITT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 6.48 Max: 16.76
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Trenchant Technologies Capital was 16.76. The lowest was 0.13. And the median was 6.48.

XCNQ:AITT's Debt-to-Equity is ranked better than
50.35% of 991 companies
in the Asset Management industry
Industry Median: 0.2 vs XCNQ:AITT: 0.20

Trenchant Technologies Capital Debt-to-Equity Historical Data

The historical data trend for Trenchant Technologies Capital'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.

Trenchant Technologies Capital Debt-to-Equity Chart

Trenchant Technologies Capital Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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8.81

8.72

7.37

0.14

0.20

Trenchant Technologies Capital Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.13	0.17	0.16	0.20	0.20

Competitive Comparison of Trenchant Technologies Capital's Debt-to-Equity

For the Asset Management subindustry, Trenchant Technologies Capital'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.

Trenchant Technologies Capital's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Trenchant Technologies Capital's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Trenchant Technologies Capital's Debt-to-Equity falls into.

Trenchant Technologies Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Trenchant Technologies Capital's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(0.066	+	0.089)	/	0.793
	=	0.20

Trenchant Technologies Capital's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(0.067	+	0.525)	/	2.931
	=	0.20

Trenchant Technologies Capital (XCNQ:AITT) 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.

Trenchant Technologies Capital Debt-to-Equity Related Terms

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

Trenchant Technologies Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Trenchant Technologies Capital Corp (XCNQ:AITT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AITTF:USA 5730:Germany

Address

1055 West Hastings Street, Suite 2380, Vancouver, BC, CAN, V6E 2E9

Website

https://www.trenchantcapital.net

Trenchant Capital Corp is a Canada-based investment issuer. The company is in the business of providing special situation debt financing to private equity firms. It derives revenue from interest sources.

Executives

Eric Boehnke

Director

Trenchant Technologies Capital Headlines

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