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Taurus Armas (BSP:TASA3) Debt-to-Equity : 0.49 (As of Dec. 2023)


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What is Taurus Armas Debt-to-Equity?

Taurus Armas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$413 Mil. Taurus Armas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$116 Mil. Taurus Armas's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R$1,092 Mil. Taurus Armas's debt to equity for the quarter that ended in Dec. 2023 was 0.48.

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

BSP:TASA3' s Debt-to-Equity Range Over the Past 10 Years
Min: -8.98   Med: -0.54   Max: 20.5
Current: 0.49

During the past 13 years, the highest Debt-to-Equity Ratio of Taurus Armas was 20.50. The lowest was -8.98. And the median was -0.54.

BSP:TASA3's Debt-to-Equity is ranked worse than
53.7% of 257 companies
in the Aerospace & Defense industry
Industry Median: 0.44 vs BSP:TASA3: 0.49

Taurus Armas Debt-to-Equity Historical Data

The historical data trend for Taurus Armas'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.

Taurus Armas Debt-to-Equity Chart

Taurus Armas Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.46 20.50 0.92 0.48 0.49

Taurus Armas 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 0.41 0.43 0.45 0.49

Competitive Comparison of Taurus Armas's Debt-to-Equity

For the Aerospace & Defense subindustry, Taurus Armas'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.


Taurus Armas's Debt-to-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Taurus Armas's Debt-to-Equity distribution charts can be found below:

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



Taurus Armas Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Taurus Armas's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Taurus Armas's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Taurus Armas  (BSP:TASA3) 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.


Taurus Armas Debt-to-Equity Related Terms

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Taurus Armas (BSP:TASA3) Business Description

Traded in Other Exchanges
Address
Avenida Sao Borja, Floor 2181, Building A - Fazenda Sao Borja, Sao Leopoldo, RS, BRA, 93035-411
Taurus Armas SA is a company engaged in the manufacturing of small firearms. The company operates in three segments: Firearms; Helmets; and Others, with industrial plants in the Rio Grande do Su, Brazil, and Miami, Florida, United States. The Firearms segment, which is the key revenue driver, includes handguns, long guns, and sub-machine guns.

Taurus Armas (BSP:TASA3) Headlines

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