TPI Composites Inc (TPIC)
3.53
+0.08
(+2.32%)
USD |
NASDAQ |
Nov 04, 16:00
3.525
0.00 (0.00%)
After-Hours: 20:00
TPI Composites Debt to Equity Ratio: -2.022 for June 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| June 30, 2024 | -2.022 |
| March 31, 2024 | -2.769 |
| December 31, 2023 | -3.967 |
| September 30, 2023 | 0.9133 |
| June 30, 2023 | 0.7237 |
| March 31, 2023 | 0.5914 |
| December 31, 2022 | 0.1698 |
| September 30, 2022 | 0.1566 |
| June 30, 2022 | 0.1576 |
| March 31, 2022 | 0.1273 |
| December 31, 2021 | 0.2002 |
| September 30, 2021 | 2.00 |
| June 30, 2021 | 1.468 |
| March 31, 2021 | 1.204 |
| December 31, 2020 | 1.079 |
| September 30, 2020 | 1.309 |
| June 30, 2020 | 1.846 |
| March 31, 2020 | 1.079 |
| Date | Value |
|---|---|
| December 31, 2019 | 0.6895 |
| September 30, 2019 | 0.6919 |
| June 30, 2019 | 0.7024 |
| March 31, 2019 | 0.7476 |
| December 31, 2018 | 0.6228 |
| September 30, 2018 | 0.581 |
| June 30, 2018 | 0.5547 |
| March 31, 2018 | 0.5174 |
| December 31, 2017 | 0.5504 |
| September 30, 2017 | 0.8805 |
| June 30, 2017 | 0.9932 |
| March 31, 2017 | 1.075 |
| December 31, 2016 | 1.156 |
| September 30, 2016 | 1.010 |
| June 30, 2016 | -0.6519 |
| March 31, 2016 | 6.384 |
| December 31, 2015 | -0.6765 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
-3.967
Minimum
Dec 2023
2.00
Maximum
Sep 2021
0.261
Average
0.6895
Median
Dec 2019
Debt to Equity Ratio Benchmarks
| American Superconductor Corp | 0.00 |
| Enerpac Tool Group Corp | 0.4962 |
| Nordson Corp | 0.5237 |
| Taylor Devices Inc | 0.00 |
| Serve Robotics Inc | 0.0263 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 715.42M |
| Total Liabilities (Quarterly) | 989.68M |
| Shareholders Equity (Quarterly) | -274.26M |
| Current Ratio | 1.002 |
| Net Debt Paydown Yield | -38.38% |