Tonner Drones (XPAR:ALTD) Debt-to-Equity : 1.43 (As of Dec. 2022)

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What is Tonner Drones Debt-to-Equity?

Tonner Drones's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was €0.98 Mil. Tonner Drones's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was €6.53 Mil. Tonner Drones's Total Stockholders Equity for the quarter that ended in Dec. 2022 was €5.25 Mil. Tonner Drones's debt to equity for the quarter that ended in Dec. 2022 was 1.43.

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 Tonner Drones's Debt-to-Equity or its related term are showing as below:

XPAR:ALTD's Debt-to-Equity is not ranked ^*
in the Aerospace & Defense industry.
Industry Median: 0.43
* Ranked among companies with meaningful Debt-to-Equity only.

Tonner Drones Debt-to-Equity Historical Data

The historical data trend for Tonner Drones'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.

Tonner Drones Debt-to-Equity Chart

Tonner Drones Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.16

0.18

0.21

0.28

1.43

Tonner Drones Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Debt-to-Equity	Get a 7-Day Free Trial														0.21	0.31	0.28	0.31	1.43

Competitive Comparison of Tonner Drones's Debt-to-Equity

For the Aerospace & Defense subindustry, Tonner Drones'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.

Tonner Drones's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Tonner Drones's Debt-to-Equity distribution charts can be found below:

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

Tonner Drones Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tonner Drones's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(0.975	+	6.53)	/	5.253
	=	1.43

Tonner Drones's Debt to Equity Ratio for the quarter that ended in Dec. 2022 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
	=	(0.975	+	6.53)	/	5.253
	=	1.43

Tonner Drones (XPAR:ALTD) 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.

Tonner Drones Debt-to-Equity Related Terms

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

Tonner Drones (XPAR:ALTD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Tonner Drones SA (XPAR:ALTD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

1DD:Germany

Address

12 Rue Ampère, Cémoi – Bâtiment A, Grenoble, FRA, 38000

Website

https://www.tonnerdrones.com

Tonner Drones SA is engaged in the developing and marketing of security and surveillance solutions intended for the military field as well as private and public security: the ISS SPOTTER Wired captive surveillance drone, the automatic drone for surveillance of sensitive sites ISS SPOTTER Automatic or even trailers SPOTTER BOT mobile video security systems.

Tonner Drones (XPAR:ALTD) Headlines

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