Technoplus Ventures (XTAE:TNPV) Debt-to-Equity : 0.06 (As of Dec. 2023)

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What is Technoplus Ventures Debt-to-Equity?

Technoplus Ventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪0.45 Mil. Technoplus Ventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪0.64 Mil. Technoplus Ventures's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪19.32 Mil. Technoplus Ventures'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 Technoplus Ventures's Debt-to-Equity or its related term are showing as below:

XTAE:TNPV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.09 Max: 0.12
Current: 0.06

During the past 11 years, the highest Debt-to-Equity Ratio of Technoplus Ventures was 0.12. The lowest was 0.06. And the median was 0.09.

XTAE:TNPV's Debt-to-Equity is ranked better than
80.12% of 1011 companies
in the Asset Management industry
Industry Median: 0.19 vs XTAE:TNPV: 0.06

Technoplus Ventures Debt-to-Equity Historical Data

The historical data trend for Technoplus Ventures'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.

Technoplus Ventures Debt-to-Equity Chart

Technoplus Ventures Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.09

0.07

0.06

Technoplus Ventures Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.07	0.06	0.07	0.08	0.06

Competitive Comparison of Technoplus Ventures's Debt-to-Equity

For the Asset Management subindustry, Technoplus Ventures'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.

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

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

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

Technoplus Ventures Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Technoplus Ventures'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
	=	(0.454	+	0.641)	/	19.315
	=	0.06

Technoplus Ventures'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
	=	(0.454	+	0.641)	/	19.315
	=	0.06

Technoplus Ventures (XTAE:TNPV) 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.

Technoplus Ventures Debt-to-Equity Related Terms

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

Technoplus Ventures (XTAE:TNPV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Technoplus Ventures Ltd (XTAE:TNPV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

132, Menachem Begin Street, Triangle Tower, 31st floor, Three Azrieli Center, Tel-Aviv, ISR, 67023

Website

http://www.technoplusvc.com

Technoplus Ventures Ltd acts as an independent investment company. It focuses its investments in small to mid-sized mature and innovative companies that entail very small market and technology risks. It is focused on identifying and investing in small to mid-sized profitable growth companies, seeking equity or debt investment to support continuous growth.

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