TDH Holdings (TDH Holdings) Debt-to-Equity : 0.04 (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is TDH Holdings Debt-to-Equity?

TDH Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.58 Mil. TDH Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.46 Mil. TDH Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $24.62 Mil. TDH Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

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 TDH Holdings's Debt-to-Equity or its related term are showing as below:

PETZ' s Debt-to-Equity Range Over the Past 10 Years
Min: -11.13 Med: 0.25 Max: 29.46
Current: 0.04

During the past 9 years, the highest Debt-to-Equity Ratio of TDH Holdings was 29.46. The lowest was -11.13. And the median was 0.25.

PETZ's Debt-to-Equity is ranked better than
90.79% of 1639 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs PETZ: 0.04

TDH Holdings Debt-to-Equity Historical Data

The historical data trend for TDH Holdings'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.

TDH Holdings Debt-to-Equity Chart

TDH Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

29.46

-11.13

0.42

0.06

0.04

TDH Holdings Semi-Annual Data
	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												0.42	0.50	0.06	0.05	0.04

Competitive Comparison of TDH Holdings's Debt-to-Equity

For the Packaged Foods subindustry, TDH Holdings'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.

TDH Holdings's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, TDH Holdings's Debt-to-Equity distribution charts can be found below:

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

TDH Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TDH Holdings'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
	=	(0.575	+	0.463)	/	24.619
	=	0.04

TDH Holdings'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
	=	(0.575	+	0.463)	/	24.619
	=	0.04

TDH Holdings (NAS:PETZ) 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.

TDH Holdings Debt-to-Equity Related Terms

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

TDH Holdings (TDH Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » TDH Holdings Inc (NAS:PETZ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2521 Tiejueshan Road, Huangdao District, Shandong Province, Qingdao, CHN

Website

http://www.tiandihui.com

TDH Holdings Inc is engaged in the business of manufacturing and selling of petfood and restaurant operations. The company has two operating segments which include Petfood sales and Restaurant business. It has a focus on the Restaurant business segment and generates the majority of its revenue.