Tandem Group (LSE:TND) Debt-to-Equity : 0.17 (As of Dec. 2023)

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What is Tandem Group Debt-to-Equity?

Tandem Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £4.02 Mil. Tandem Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil. Tandem Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £23.81 Mil. Tandem Group's debt to equity for the quarter that ended in Dec. 2023 was 0.17.

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

LSE:TND' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.3 Max: 0.97
Current: 0.17

During the past 13 years, the highest Debt-to-Equity Ratio of Tandem Group was 0.97. The lowest was 0.14. And the median was 0.30.

LSE:TND's Debt-to-Equity is ranked better than
75.29% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs LSE:TND: 0.17

Tandem Group Debt-to-Equity Historical Data

The historical data trend for Tandem Group'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.

Tandem Group Debt-to-Equity Chart

Tandem Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.22

0.14

0.18

0.17

Tandem Group 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															0.18	0.21	0.18	0.20	0.17

Competitive Comparison of Tandem Group's Debt-to-Equity

For the Leisure subindustry, Tandem Group'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.

Tandem Group's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

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

Tandem Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tandem Group'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
	=	(4.015	+	0)	/	23.811
	=	0.17

Tandem Group'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
	=	(4.015	+	0)	/	23.811
	=	0.17

Tandem Group (LSE:TND) 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.

Tandem Group Debt-to-Equity Related Terms

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

Tandem Group (LSE:TND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Tandem Group PLC (LSE:TND) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

35 Tameside Drive, Castle Bromwich, Birmingham, GBR, B35 7AG

Website

https://www.tandemgroupplc.co.uk

Tandem Group PLC is a designer, developer, distributor, and retailer of sports, leisure, and mobility products. Its Products include bicycles and accessories, football training equipment, garden and camping, homewares and household appliances, mobility, outdoor play, snooker, pool and table sports, wheeled toys, and golf equipment which are sold under various brands including Boss, Exile, Scorpion, Carpzone, Kickmaster, Windbar, Airwave, Disney, Shopkins, and Trolls. It has four segments Toys, Sports & Leisure, eMobility, Bicycles, Home & Garden, and the majority of the revenue comes from Toys, Sports & Leisure.

Tandem Group (LSE:TND) Headlines

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