Terragen Holdings (ASX:TGH) Debt-to-Equity : 0.06 (As of Dec. 2023)

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What is Terragen Holdings Debt-to-Equity?

Terragen Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.19 Mil. Terragen Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.23 Mil. Terragen Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$6.84 Mil. Terragen Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

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

ASX:TGH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 0.06
Current: 0.06

During the past 5 years, the highest Debt-to-Equity Ratio of Terragen Holdings was 0.06. The lowest was 0.02. And the median was 0.04.

ASX:TGH's Debt-to-Equity is ranked better than
87.04% of 216 companies
in the Agriculture industry
Industry Median: 0.35 vs ASX:TGH: 0.06

Terragen Holdings Debt-to-Equity Historical Data

The historical data trend for Terragen Holdings'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.

Terragen Holdings Debt-to-Equity Chart

Terragen Holdings Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

0.01

0.03

0.04

0.05

Terragen Holdings Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial				0.04	0.04	0.05	0.05	0.06

Competitive Comparison of Terragen Holdings's Debt-to-Equity

For the Agricultural Inputs subindustry, Terragen Holdings'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.

Terragen Holdings's Debt-to-Equity Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Terragen Holdings's Debt-to-Equity distribution charts can be found below:

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

Terragen Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Terragen Holdings's Debt to Equity Ratio for the fiscal year 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
	=	(0.219	+	0.02)	/	5.076
	=	0.05

Terragen Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0.192	+	0.234)	/	6.836
	=	0.06

Terragen Holdings (ASX:TGH) 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.

Terragen Holdings Debt-to-Equity Related Terms

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Terragen Holdings (ASX:TGH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Terragen Holdings Ltd (ASX:TGH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Access Crescent, Unit 6, Coolum Beach, QLD, AUS, 4573

Website

https://www.terragen.com.au

Terragen Holdings Ltd is an Australia based developer of agricultural bio solutions whose core technology platform addresses soil health and productivity, animal health and nutrition without relying on chemical-based fertilizers, pesticides and antibiotics. Its products include Mylo and Great Land Plus. Geographically, it operates within Australia and Newzealand.