Tatatu SPA (XPAR:ALTTU) Debt-to-Equity : 0.85 (As of Jun. 2023)

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What is Tatatu SPA Debt-to-Equity?

Tatatu SPA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €3.7 Mil. Tatatu SPA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €25.2 Mil. Tatatu SPA's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €34.0 Mil. Tatatu SPA's debt to equity for the quarter that ended in Jun. 2023 was 0.85.

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 Tatatu SPA's Debt-to-Equity or its related term are showing as below:

XPAR:ALTTU' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.85 Max: 0.87
Current: 0.85

During the past 3 years, the highest Debt-to-Equity Ratio of Tatatu SPA was 0.87. The lowest was 0.18. And the median was 0.85.

XPAR:ALTTU's Debt-to-Equity is ranked worse than
82.63% of 2217 companies
in the Software industry
Industry Median: 0.21 vs XPAR:ALTTU: 0.85

Tatatu SPA Debt-to-Equity Historical Data

The historical data trend for Tatatu SPA'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.

Tatatu SPA Debt-to-Equity Chart

Tatatu SPA Annual Data

Trend

Dec20

Dec21

Dec22

Debt-to-Equity

0.18

Tatatu SPA Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial			N/A	0.18	0.87	-	0.85

Competitive Comparison of Tatatu SPA's Debt-to-Equity

For the Software - Application subindustry, Tatatu SPA'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.

Tatatu SPA's Debt-to-Equity Distribution in the Software Industry

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

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

Tatatu SPA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tatatu SPA'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	+	0)	/	31.538
	=	0.00

Tatatu SPA's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(3.71	+	25.219)	/	33.971
	=	0.85

Tatatu SPA (XPAR:ALTTU) 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.

Tatatu SPA Debt-to-Equity Related Terms

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

Tatatu SPA (XPAR:ALTTU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tatatu SPA (XPAR:ALTTU) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Barberini 29, Rome, ITA, 00187

Website

https://www.tatatu.com

Tatatu SPA is the social media and entertainment application. It rewards users for the value they generate by spending time on the platform. Users receive TTU Coins for viewing content and social media interactions. Users can post photos and videos and earn even more TTU Coins when someone likes, comments, views, or shares a post or when users invite a friend. Rewards can be redeemed by bidding at auctions for the chance to win exclusive products and experiences through affiliated merchants.

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