Tritech Group (SGX:5G9) Debt-to-Equity : 4.93 (As of Sep. 2023)

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What is Tritech Group Debt-to-Equity?

Tritech Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was S$3.11 Mil. Tritech Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was S$8.16 Mil. Tritech Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was S$2.29 Mil. Tritech Group's debt to equity for the quarter that ended in Sep. 2023 was 4.93.

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

SGX:5G9' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 0.62 Max: 4.93
Current: 4.93

During the past 13 years, the highest Debt-to-Equity Ratio of Tritech Group was 4.93. The lowest was 0.24. And the median was 0.62.

SGX:5G9's Debt-to-Equity is ranked worse than
97.56% of 1519 companies
in the Construction industry
Industry Median: 0.44 vs SGX:5G9: 4.93

Tritech Group Debt-to-Equity Historical Data

The historical data trend for Tritech 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.

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Tritech Group Debt-to-Equity Chart

Tritech Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.33

0.84

1.00

0.82

2.80

Tritech Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.93	0.82	0.91	2.80	4.93

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

For the Engineering & Construction subindustry, Tritech 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.

Tritech Group's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tritech Group's Debt-to-Equity distribution charts can be found below:

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

Tritech Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tritech Group's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(3.001	+	8.812)	/	4.217
	=	2.80

Tritech Group's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(3.109	+	8.164)	/	2.287
	=	4.93

Tritech Group (SGX:5G9) 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.

Tritech Group Debt-to-Equity Related Terms

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Tritech Group (SGX:5G9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tritech Group Ltd (SGX:5G9) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

31 Changi South Avenue 2, Singapore, SGP, 486478

Website

https://www.tritech.com.sg

Tritech Group Ltd engaged in providing Specialist Engineering Services. It operates through three segments: Smart Urban Development segment which earns most of the firm's revenue and comprises a one-stop integrated service provider for smart urban development, covering urban planning, site investigation, design and consultancy, engineering survey, instrumentation and monitoring, project management, construction supervision, data collection, big data analytics, artificial intelligence and cloud computing digital platform. Water-related and environmental business, which comprises water treatment consultancy; Corporate business segment which comprises Group-level corporate services and treasury functions; and Other. The company generates most of the revenue from the Engineering business.

Tritech Group (SGX:5G9) Headlines

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