Tubos Reunidos (XMAD:TRG) Debt-to-Equity: -1.86 (As of Jun. 2026)

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XMAD:TRG Tubos Reunidos SA XMAD:TRG
13 GF Score
Price €0.14
GF Value €0.49
! 4 Warning Signs
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What is Tubos Reunidos Debt-to-Equity?

Tubos Reunidos XMAD:TRG 13 Debt-to-Equity is -1.86 as of Jun. 2026. GuruFocus rates XMAD:TRG with a GF Score™ of 13/100 and a GF Value™ of €0.49. The stock has 4 warning signs investors should review.

Tubos Reunidos's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €325.3 Mil. Tubos Reunidos's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €0.0 Mil. Tubos Reunidos's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €-174.7 Mil. Tubos Reunidos's debt to equity for the quarter that ended in Jun. 2026 was -1.86.

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

XMAD:TRG' s Debt-to-Equity Range Over the Past 10 Years
Min: -9.43   Med: 1.84   Max: 358.52
Current: -1.86

During the past 13 years, the highest Debt-to-Equity Ratio of Tubos Reunidos was 358.52. The lowest was -9.43. And the median was 1.84.

XMAD:TRG's Debt-to-Equity is not ranked
in the Steel industry.
Industry Median: 0.41 vs XMAD:TRG: -1.86

Tubos Reunidos  (XMAD:TRG) 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.


Tubos Reunidos Debt-to-Equity Related Terms


Tubos Reunidos Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Tubos Reunidos'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.

Tubos Reunidos Debt-to-Equity Chart

Tubos Reunidos Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.01 -7.85 106.46 10.47 -3.55

Tubos Reunidos Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 6.50 10.47 59.12 -3.55 -1.86

XMAD:TRG vs NUE, STLD, RS: Debt-to-Equity Comparison

For the Steel subindustry, Tubos Reunidos'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.


Tubos Reunidos Debt-to-Equity vs Steel Industry

For the Steel industry and Basic Materials sector, Tubos Reunidos's Debt-to-Equity distribution charts can be found below:

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


XMAD:TRG
13GF Score
Tubos Reunidos SA XMAD:TRG
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tubos Reunidos Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tubos Reunidos's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Tubos Reunidos's Debt to Equity Ratio for the quarter that ended in Jun. 2026 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -1.86 mean?
Tubos Reunidos (XMAD:TRG) has a Debt-to-Equity of -1.86 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Tubos Reunidos and its competitors.
Is Tubos Reunidos' Debt-to-Equity too high?
Tubos Reunidos' current Debt-to-Equity is -1.86. Overall, Tubos Reunidos has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Tubos Reunidos' Debt-to-Equity compare to NUE and STLD?
Tubos Reunidos' Debt-to-Equity of -1.86 can be compared against companies in the Steel industry. The industry median Debt-to-Equity is 0.41. 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 Steel company?
The median Debt-to-Equity among Steel companies is 0.41, based on 547 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. 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 Tubos Reunidos and its competitors. For the Steel industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tubos Reunidos's current Debt-to-Equity is -1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tubos Reunidos stock overvalued right now?
Tubos Reunidos (XMAD:TRG) has a current Debt-to-Equity of -1.86. The stock's GF Value™ is €0.49, compared to a current price of €0.14 — trading 70.7% below its estimated fair value. The current Debt-to-Equity is -1.86. Tubos Reunidos' overall GF Score™ is 13/100 with 4 warning signs to review. 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 Tubos Reunidos (XMAD:TRG), the current Debt-to-Equity is -1.86 as of Jun. 2026. 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.

Is Tubos Reunidos (XMAD:TRG) Overvalued in 2026?

Based on GuruFocus' analysis, Tubos Reunidos stock appears to be undervalued. The current stock price of €0.14 is trading 70.7% below its estimated GF Value™ of €0.49.

Key valuation signals for XMAD:TRG:

  • Debt-to-Equity: -1.86
  • GF Value™: €0.49 vs. price of €0.14 (70.7% below fair value)
  • GF Score™: 13/100 with 4 warning signs

No single metric tells the full story. See the XMAD:TRG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tubos Reunidos Business Description

Other Exchanges 0KD2:UKTU1:Germany
Address Barrio de Sagarribai, 2, Amurrio, Alava, ESP, 01470
Tubos Reunidos SA is a holding company. The company operates in the areas of the seamless tube, distribution, automotive and other sectors. Its products are essentially required by the energy sector; Oil and Gas, electrical power generation and petrochemical industry, as well as by machinery and special industrial applications. The product portfolio includes tubes manufactured in carbon, alloyed, high allowed and stainless, steels.
13GF Score

Get the complete analysis for XMAD:TRG

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.14
Price
€0.49
GF Value