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Theon International (XAMS:THEON) Debt-to-Equity : 0.46 (As of Jun. 2022)


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What is Theon International Debt-to-Equity?

Theon International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was €14.76 Mil. Theon International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was €4.16 Mil. Theon International's Total Stockholders Equity for the quarter that ended in Jun. 2022 was €41.41 Mil. Theon International's debt to equity for the quarter that ended in Jun. 2022 was 0.46.

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

XAMS:THEON's Debt-to-Equity is not ranked *
in the Aerospace & Defense industry.
Industry Median: 0.43
* Ranked among companies with meaningful Debt-to-Equity only.

Theon International Debt-to-Equity Historical Data

The historical data trend for Theon International'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.

Theon International Debt-to-Equity Chart

Theon International Annual Data
Trend Dec20 Dec21
Debt-to-Equity
1.39 0.54

Theon International Quarterly Data
Dec20 Jun21 Dec21 Jun22
Debt-to-Equity 1.39 N/A 0.54 0.46

Competitive Comparison of Theon International's Debt-to-Equity

For the Aerospace & Defense subindustry, Theon International'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.

Theon International's Debt-to-Equity Distribution in the Aerospace & Defense Industry

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

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


Theon International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Theon International's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
=(9.922 + 8.356) / 33.845
=0.54

Theon International's Debt to Equity Ratio for the quarter that ended in Jun. 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
=(14.756 + 4.16) / 41.412
=0.46

* 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.

Theon International  (XAMS:THEON) 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.

Theon International Debt-to-Equity Related Terms

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

Theon International (XAMS:THEON) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Theon International PLC (XAMS:THEON) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
57, Ioannou Metaxa Street, Koropi, GRC, GR-19441
Website
http://www.theon.com
Theon International Plc is engaged in providing Night Vision and Thermal Imaging Systems for military and security applications. The main product lines of the company include Night Vision Monoculars and Binoculars, Family of Night Vision Sights, Clip-on Night Sights, Night Driver's Viewers, Digital day and night cameras and upgrade kits for armoured vehicles, Thermal Stand-alone and Clip-on uncooled Sights, and Vehicle and Platform based Thermal imaging systems.

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