Thunder Energies (Thunder Energies) Debt-to-Equity : -0.08 (As of Dec. 2023)

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What is Thunder Energies Debt-to-Equity?

Thunder Energies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.75 Mil. Thunder Energies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Thunder Energies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-9.23 Mil. Thunder Energies's debt to equity for the quarter that ended in Dec. 2023 was -0.08.

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 Thunder Energies's Debt-to-Equity or its related term are showing as below:

TNRG' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.24 Med: -0.37 Max: -0.08
Current: -0.08

During the past 12 years, the highest Debt-to-Equity Ratio of Thunder Energies was -0.08. The lowest was -3.24. And the median was -0.37.

TNRG's Debt-to-Equity is not ranked
in the Asset Management industry.
Industry Median: 0.195 vs TNRG: -0.08

Thunder Energies Debt-to-Equity Historical Data

The historical data trend for Thunder Energies'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.

Thunder Energies Debt-to-Equity Chart

Thunder Energies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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-3.24

-0.17

-0.20

-0.24

-0.08

Thunder Energies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-0.24	-0.24	-0.19	-0.18	-0.08

Competitive Comparison of Thunder Energies's Debt-to-Equity

For the Asset Management subindustry, Thunder Energies'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.

Thunder Energies's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Thunder Energies's Debt-to-Equity distribution charts can be found below:

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

Thunder Energies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Thunder Energies'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
	=	(0.751	+	0)	/	-9.226
	=	-0.08

Thunder Energies'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
	=	(0.751	+	0)	/	-9.226
	=	-0.08

Thunder Energies (OTCPK:TNRG) 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.

Thunder Energies Debt-to-Equity Related Terms

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Thunder Energies (Thunder Energies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Thunder Energies Corp (OTCPK:TNRG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

PMB 388, 8570 Stirling Road, Suite 102, Hollywood, FL, USA, 33024

Website

https://www.thunderenergiescorp.com

Thunder Energies Corp is engaged in increasing the shareholder value by divesting from its CBD/Hemp retail cannabidiol business model and expanding its investments footprint into the following business sectors to create a diversified portfolio of the following: 1) Diversified cash flowing assets such as fixed-income, 2) Commercial real estate projects that include resorts and associated timeshare and condo developments, 3) Entertainment venues including indoor outdoor water parks, family entertainment centers, adventure parks, 4) Residential real estate projects that include eco-friendly multi-family housing and Precious metal/mineral mining ventures.

Executives

Saveene Corp	10 percent owner	224 DATURA ST. #1015, WEST PALM BEACH FL 33401
Ruggero M Santilli	director, 10 percent owner, officer: Chief Executive Officer	35246 US 19 NORTH N.215, PALM HARBOR FL 34684
Brian Keith Buckley	10 percent owner	4637 MURCROSS LN, NEW PORT RICHEY FL 34653
William George Gaines	officer: President, COO	1444 RAINVILLE ROAD, TARPON SPRINGS FL 34689
Margaret Haberlin Currey	officer: Chief Executive Officer	1444 RAINVILLE ROAD, TARPON SPRINGS FL 34689
Hadronic Technologies Press, Inc.	10 percent owner	35246 US HIGHWAY 19 NORTH, SUITE #215, PALM HARBOR FL 34684
R.m. Santilli Foundation, Inc.	10 percent owner	35246 US HIGHWAY 19 NORTH, SUITE #215, PALM HARBOR FL 34684
Global Beta, Llc	10 percent owner	150 RAINVILLE ROAD, TARPON SPRINGS FL 34689
Clean Energies Tech Co.	10 percent owner	35246 US 19 NORTH, SUITE 215, PALM HARBOR FL 34684
Carla Santilli	director, 10 percent owner, officer: Secretary, Treasurer	90 EASTWINDS CT., PALM HARBOR FL 34683