Tiny (TNYZF) Debt-to-Equity : 0.68 (As of Dec. 2023)

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What is Tiny Debt-to-Equity?

Tiny's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $8.05 Mil. Tiny's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $90.13 Mil. Tiny's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $144.52 Mil. Tiny's debt to equity for the quarter that ended in Dec. 2023 was 0.68.

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

TNYZF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.68 Med: 1.58 Max: 2.49
Current: 0.68

During the past 2 years, the highest Debt-to-Equity Ratio of Tiny was 2.49. The lowest was 0.68. And the median was 1.58.

TNYZF's Debt-to-Equity is ranked worse than
80.49% of 1015 companies
in the Asset Management industry
Industry Median: 0.19 vs TNYZF: 0.68

Tiny Debt-to-Equity Historical Data

The historical data trend for Tiny'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.

Tiny Debt-to-Equity Chart

Tiny Annual Data

Trend

Dec22

Dec23

Debt-to-Equity

2.49

0.68

Tiny Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			2.49	0.43	N/A	0.66	0.68

Competitive Comparison of Tiny's Debt-to-Equity

For the Asset Management subindustry, Tiny'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.

Tiny's Debt-to-Equity Distribution in the Asset Management Industry

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

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

Tiny Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tiny'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
	=	(8.049	+	90.129)	/	144.517
	=	0.68

Tiny'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
	=	(8.049	+	90.129)	/	144.517
	=	0.68

Tiny (OTCPK:TNYZF) 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.

Tiny Debt-to-Equity Related Terms

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

Tiny (TNYZF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Tiny Ltd (OTCPK:TNYZF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

I0B:Germany TINY:Canada

Address

400 - 1152 Mainland Street, Vancouver, BC, CAN, V6B 4X2

Website

https://www.tiny.com

Tiny Ltd operates as a technology holding company with a strategy of acquiring majority stakes in businesses. Tiny has two core business segments, Beam and Dribbble, with other standalone businesses including a private equity investment fund.

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