Triumph Group Inc (TGI)
Debt-to-equity ratio
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | -104,414 | -797,396 | -787,423 | -818,853 | -781,264 |
| Debt-to-equity ratio | — | — | — | — | — |
March 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $-104,414K
= —
As the debt-to-equity ratio data for Triumph Group Inc is not provided across the years ending on March 31 from 2020 to 2024, a specific analysis of the trend and comparison cannot be conducted. The debt-to-equity ratio is a key financial metric used to evaluate a company's capital structure and financial leverage. It reflects the proportion of debt used to finance the company's assets relative to the amount of equity. A lower ratio indicates lower financial risk as it suggests less reliance on debt financing, while a higher ratio may indicate higher risk due to increased debt levels.
Without the specific values for the debt-to-equity ratio over the years in question, it is challenging to assess Triumph Group Inc's leverage position and financial risk profile accurately. Stakeholders would typically look for consistency or improvements in this ratio over time to ensure a healthy balance between debt and equity financing. Analyzing the debt-to-equity ratio alongside other financial ratios and performance metrics would provide a more comprehensive understanding of Triumph Group Inc's financial health and capital structure.
Peer comparison
Mar 31, 2024