Teteks AD (XMAE:TETE) Debt-to-Equity : 0.00 (As of Dec. 2024)

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What is Teteks AD Debt-to-Equity?

Teteks AD's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was MKD0.00 Mil. Teteks AD's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was MKD0.00 Mil. Teteks AD's Total Stockholders Equity for the quarter that ended in Dec. 2024 was MKD1,601.10 Mil. Teteks AD's debt to equity for the quarter that ended in Dec. 2024 was 0.00.

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

During the past 13 years, the highest Debt-to-Equity Ratio of Teteks AD was 0.03. The lowest was 0.01. And the median was 0.01.

XMAE:TETE's Debt-to-Equity is not ranked ^*
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.41
* Ranked among companies with meaningful Debt-to-Equity only.

Teteks AD Debt-to-Equity Historical Data

The historical data trend for Teteks AD'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.

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Teteks AD Debt-to-Equity Chart

Teteks AD Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.01

N/A

Teteks AD Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															N/A	N/A	-	N/A	-

Competitive Comparison of Teteks AD's Debt-to-Equity

For the Apparel Manufacturing subindustry, Teteks AD'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.

Teteks AD's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Teteks AD's Debt-to-Equity distribution charts can be found below:

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

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Teteks AD Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Teteks AD's Debt to Equity Ratio for the fiscal year that ended in Dec. 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	+	0)	/	1601.1
	=	0.00

Teteks AD's Debt to Equity Ratio for the quarter that ended in Dec. 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	+	0)	/	1601.1
	=	0.00

Teteks AD (XMAE:TETE) 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.

Teteks AD Debt-to-Equity Related Terms

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

Teteks AD Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Teteks AD (XMAE:TETE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

B. Miladinovi No.1, Tetovo, MKD

Website

http://www.teteks.com.mk

Teteks AD is a producer of textiles and clothing. Its business activities include activating fabrics for the production of fabrics and blankets, as well as production of ready-made garments in apparel and knitwear. Its product offerings include confection, knitwear, fabrics, blankets, yarn and wolves. TETEKS production is intended mainly for export to the United States and European countries such as Germany, Greece, Italy, Denmark, Russia, Bulgaria, among others.

Teteks AD Headlines

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