Tectonic Financial (Tectonic Financial) Debt-to-Equity : 0.67 (As of Mar. 2019)

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What is Tectonic Financial Debt-to-Equity?

Tectonic Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2019 was $0.00 Mil. Tectonic Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2019 was $20.13 Mil. Tectonic Financial's Total Stockholders Equity for the quarter that ended in Mar. 2019 was $30.15 Mil. Tectonic Financial's debt to equity for the quarter that ended in Mar. 2019 was 0.67.

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 Tectonic Financial's Debt-to-Equity or its related term are showing as below:

TECTP.PFD's Debt-to-Equity is not ranked ^*
in the Banks industry.
Industry Median: 0.65
* Ranked among companies with meaningful Debt-to-Equity only.

Tectonic Financial Debt-to-Equity Historical Data

The historical data trend for Tectonic Financial'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.

Tectonic Financial Debt-to-Equity Chart

Tectonic Financial Annual Data

Trend

Debt-to-Equity

Tectonic Financial Semi-Annual Data
	Mar18	Mar19
Debt-to-Equity	N/A	0.67

Competitive Comparison of Tectonic Financial's Debt-to-Equity

For the Banks - Regional subindustry, Tectonic Financial'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.

Tectonic Financial's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Tectonic Financial's Debt-to-Equity distribution charts can be found below:

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

Tectonic Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tectonic Financial's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

Tectonic Financial's Debt to Equity Ratio for the quarter that ended in Mar. 2019 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	+	20.129)	/	30.148
	=	0.67

Tectonic Financial (NAS:TECTP.PFD) 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.

Tectonic Financial Debt-to-Equity Related Terms

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

Tectonic Financial (Tectonic Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Tectonic Financial Inc (NAS:TECTP.PFD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

16200 Dallas Parkway, Suite 190, Dallas, TX, USA, 75248

Website

https://www.t.financial

Tectonic Financial Inc is a financial holding company that offers banking, trust, investment advisory, securities brokerage, and insurance services to high net worth individuals, small businesses, and institutions. It operates through three business segments including Banking; Other Financial Services and HoldCo. The company generates maximum revenue from the Banking segment.

Executives

George L Ball	director, officer: Executive Co-Chairman	C/O SANDERS MORRIS HARRIS INC 600 TRAVIS #3100 HOUSTON TX 77002
A Haag Sherman	director, 10 percent owner, officer: Chairman	600 TRAVIS STREET, SUITE 5900, HOUSTON TX 77002

Tectonic Financial (Tectonic Financial) Headlines

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