Turism Covasna Covasna (BSE:TUAA) Debt-to-Equity : 0.00 (As of . 20)

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What is Turism Covasna Covasna Debt-to-Equity?

Turism Covasna Covasna's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was lei0.00 Mil. Turism Covasna Covasna's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was lei0.00 Mil. Turism Covasna Covasna's Total Stockholders Equity for the quarter that ended in . 20 was lei0.00 Mil.

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

BSE:TUAA's Debt-to-Equity is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 0.46
* Ranked among companies with meaningful Debt-to-Equity only.

Turism Covasna Covasna Debt-to-Equity Historical Data

The historical data trend for Turism Covasna Covasna'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.

Turism Covasna Covasna Debt-to-Equity Chart

Turism Covasna Covasna Annual Data

Trend

Debt-to-Equity

Turism Covasna Covasna Semi-Annual Data

Debt-to-Equity

Competitive Comparison of Turism Covasna Covasna's Debt-to-Equity

For the Lodging subindustry, Turism Covasna Covasna'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.

Turism Covasna Covasna's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Turism Covasna Covasna's Debt-to-Equity distribution charts can be found below:

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

Turism Covasna Covasna Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Turism Covasna Covasna's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

Turism Covasna Covasna's Debt to Equity Ratio for the quarter that ended in . 20 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
	=	(	+	)	/
	=	N/A

Turism Covasna Covasna (BSE:TUAA) 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.

Turism Covasna Covasna Debt-to-Equity Related Terms

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Turism Covasna Covasna (BSE:TUAA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Turism Covasna SA Covasna (BSE:TUAA) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Street no.1, Decembrie 1918, Nr. 1-2, Covasna, ROU

Website

https://www.turismcovasna.ro

Turism Covasna SA Covasna is engaged in providing hotel and similar accommodation services in Covasna. It is also involved in providing spa treatment for cardiovascular diseases.

Turism Covasna Covasna (BSE:TUAA) Headlines

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