Talgo (XMAD:TLGO) Debt-to-Equity : 1.63 (As of Dec. 2023)

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What is Talgo Debt-to-Equity?

Talgo's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €116.2 Mil. Talgo's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €337.8 Mil. Talgo's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €278.0 Mil. Talgo's debt to equity for the quarter that ended in Dec. 2023 was 1.63.

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

XMAD:TLGO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35 Med: 0.96 Max: 1.63
Current: 1.63

During the past 11 years, the highest Debt-to-Equity Ratio of Talgo was 1.63. The lowest was 0.35. And the median was 0.96.

XMAD:TLGO's Debt-to-Equity is ranked worse than
83.22% of 882 companies
in the Transportation industry
Industry Median: 0.55 vs XMAD:TLGO: 1.63

Talgo Debt-to-Equity Historical Data

The historical data trend for Talgo'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.

Talgo Debt-to-Equity Chart

Talgo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.98

1.22

1.11

1.34

1.63

Talgo Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.11	1.14	1.34	1.24	1.63

Competitive Comparison of Talgo's Debt-to-Equity

For the Railroads subindustry, Talgo'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.

Talgo's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Talgo's Debt-to-Equity distribution charts can be found below:

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

Talgo Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Talgo's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(116.185	+	337.776)	/	277.995
	=	1.63

Talgo's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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
	=	(116.185	+	337.776)	/	277.995
	=	1.63

Talgo (XMAD:TLGO) 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.

Talgo Debt-to-Equity Related Terms

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

Talgo (XMAD:TLGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Talgo SA (XMAD:TLGO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0R99:UK XTG:Germany

Address

Paseo del tren Talgo, 2, Las Matas, Madrid, ESP, 28290

Website

https://www.talgo.com

Talgo SA is a Spain-based company engaged in the design and manufacture of rolling stock. It operates in three business segments: Rolling stock, which accounts for the majority of revenue; Auxiliary machines & Others; and General. The Rolling stock segment is responsible for train production, as well as for the maintenance of trains that use the company's technology. The Auxiliary Machines & Others segment provides the manufacture and technical service of lathes, as well as the sale of related spare parts. The company's product range comprises high-speed rolling stock, intercity trains, and locomotives, among others. Talgo's geographical segments are Spain, the Rest of Europe, America, the Middle East & North Africa, the Commonwealth of Independent States, and APAC.

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