Trustpilot Group (LSE:TRST) Debt-to-Equity : 0.36 (As of Dec. 2023)

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What is Trustpilot Group Debt-to-Equity?

Trustpilot Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £3.4 Mil. Trustpilot Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £14.7 Mil. Trustpilot Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £49.9 Mil. Trustpilot Group's debt to equity for the quarter that ended in Dec. 2023 was 0.36.

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

LSE:TRST' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.81 Med: 0.34 Max: 4.22
Current: 0.36

During the past 6 years, the highest Debt-to-Equity Ratio of Trustpilot Group was 4.22. The lowest was -0.81. And the median was 0.34.

LSE:TRST's Debt-to-Equity is ranked worse than
62.73% of 2219 companies
in the Software industry
Industry Median: 0.21 vs LSE:TRST: 0.36

Trustpilot Group Debt-to-Equity Historical Data

The historical data trend for Trustpilot 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.

Trustpilot Group Debt-to-Equity Chart

Trustpilot Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.32

4.22

0.22

0.54

0.36

Trustpilot Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					0.22	0.29	0.54	0.49	0.36

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

For the Software - Application subindustry, Trustpilot 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.

Trustpilot Group's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Trustpilot Group's Debt-to-Equity distribution charts can be found below:

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

Trustpilot Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Trustpilot 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
	=	(3.391	+	14.672)	/	49.859
	=	0.36

Trustpilot 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
	=	(3.391	+	14.672)	/	49.859
	=	0.36

Trustpilot Group (LSE:TRST) 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.

Trustpilot Group Debt-to-Equity Related Terms

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Trustpilot Group (LSE:TRST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Trustpilot Group PLC (LSE:TRST) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TRSTl:UK

Address

21 Mincing Lane, 5th Floor The Minster Building, London, GBR, EC3R 7AG

Website

https://www.trustpilot.com

Trustpilot Group PLC is a global review platform in an emerging and growing category. It seeks to provide a trust layer for the open commerce ecosystem by giving consumers the confidence to purchase goods and services from a wide range of online and offline businesses across the world.