TIM (TIMB) Debt-to-Equity : N/A (As of Sep. 2023)

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What is TIM Debt-to-Equity?

TIM's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0 Mil. TIM's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0 Mil. TIM's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $0 Mil.

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

TIMB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.47 Max: 0.72
Current: 0.7

During the past 13 years, the highest Debt-to-Equity Ratio of TIM was 0.72. The lowest was 0.17. And the median was 0.47.

TIMB's Debt-to-Equity is ranked worse than
53.01% of 349 companies
in the Telecommunication Services industry
Industry Median: 0.65 vs TIMB: 0.70

TIM Debt-to-Equity Historical Data

The historical data trend for TIM'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.

TIM Debt-to-Equity Chart

TIM Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.44

0.46

0.51

0.70

N/A

TIM 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															0.70	0.72	0.71	N/A	N/A

Competitive Comparison of TIM's Debt-to-Equity

For the Telecom Services subindustry, TIM'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.

TIM's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, TIM's Debt-to-Equity distribution charts can be found below:

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

TIM Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TIM'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
	=	(671.479	+	2722.292)	/	4841.836
	=	0.70

TIM's Debt to Equity Ratio for the quarter that ended in Sep. 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	+	0)	/	0
	=	N/A

TIM (NYSE:TIMB) 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.

TIM Debt-to-Equity Related Terms

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

TIM (TIMB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » TIM SA (NYSE:TIMB) » Definitions » Debt-to-Equity

Comparable Companies

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TIMS3:Brazil

Address

Avenida Joao Cabral de Melo Neto, 850, Torre Norte, 12th Floor, Room 1212, Barra da Tijuca, Rio de Janeiro, RJ, BRA, 22775-057

Website

https://ri.tim.com.br

TIM, which is 67%-owned by Telecom Italia, is the third largest wireless carrier in Brazil, with 61 million subscribers, equal to about 24% of the market. The firm also owns 49% of I-Systems, an infrastructure partnership that is expanding its network footprint across Brazil. I-Systems can provide broadband service to about 9 million locations, equal to a bit less than 15% of the country. TIM leases capacity on the venture's network to serve retail broadband customers under the UltraFibra brand.