Strip Tinning Holdings (LSE:STG) Debt-to-Equity : 0.50 (As of Dec. 2023)

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What is Strip Tinning Holdings Debt-to-Equity?

Strip Tinning Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £1.17 Mil. Strip Tinning Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £1.73 Mil. Strip Tinning Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £5.80 Mil. Strip Tinning Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.50.

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

LSE:STG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 0.5 Max: 0.72
Current: 0.5

During the past 7 years, the highest Debt-to-Equity Ratio of Strip Tinning Holdings was 0.72. The lowest was 0.36. And the median was 0.50.

LSE:STG's Debt-to-Equity is ranked worse than
51.45% of 1176 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs LSE:STG: 0.50

Strip Tinning Holdings Debt-to-Equity Historical Data

The historical data trend for Strip Tinning 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.

Strip Tinning Holdings Debt-to-Equity Chart

Strip Tinning Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.36

0.57

0.72

0.42

0.50

Strip Tinning Holdings Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					0.72	0.32	0.42	0.42	0.50

Competitive Comparison of Strip Tinning Holdings's Debt-to-Equity

For the Auto Parts subindustry, Strip Tinning 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.

Strip Tinning Holdings's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Strip Tinning Holdings's Debt-to-Equity distribution charts can be found below:

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

Strip Tinning Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Strip Tinning Holdings's Debt to Equity Ratio for the fiscal year 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
	=	(1.174	+	1.734)	/	5.796
	=	0.50

Strip Tinning 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
	=	(1.174	+	1.734)	/	5.796
	=	0.50

Strip Tinning Holdings (LSE:STG) 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.

Strip Tinning Holdings Debt-to-Equity Related Terms

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Strip Tinning Holdings (LSE:STG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Strip Tinning Holdings PLC (LSE:STG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Arden Road, Arden Business Park, Frankley, Birmingham, West Midlands, GBR, B45 0JA

Website

https://www.striptinning.com

Strip Tinning Holdings PLC manufactures specialist flexible electrical connectors related primarily to heating and antennae systems embedded within automotive glazing and to the connection of the cells within electric vehicle battery packs, increasingly using flexible and lightweight printed circuit technology that also has growing applications elsewhere within vehicles. The group consists of two business lines: Glazing and EV.