Triumph Group Inc (TGI)
Debt-to-equity ratio
| Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | -104,414 | -670,280 | -668,216 | -751,864 | -797,396 | -688,063 | -702,103 | -805,287 | -787,423 | -812,038 | -828,869 | -826,226 | -818,853 | -1,069,830 | -1,064,360 | -1,047,380 | -781,264 | -532,897 | -590,824 | -557,919 |
| Debt-to-equity ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
March 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $-104,414K
= —
The lack of data in the table provided prevents a detailed analysis of Triumph Group Inc's debt-to-equity ratio over time. However, the debt-to-equity ratio is a key financial metric that provides insights into a company's leverage and financial risk. It compares the amount of debt a company has relative to its equity. A high ratio indicates higher financial risk, as it suggests the company is relying more on debt to finance its operations. Conversely, a low ratio indicates lower financial risk and a stronger financial position.
In order to analyze Triumph Group Inc's debt-to-equity ratio effectively, historical data points are required to track any trends or fluctuations over time. An increasing ratio may suggest the company is taking on more debt relative to equity, which could indicate potential financial challenges or aggressive growth strategies. On the other hand, a decreasing ratio may signal a deleveraging strategy or improved financial stability.
Without specific data points from the table, it is not possible to provide a thorough analysis of Triumph Group Inc's debt-to-equity ratio dynamics. For a more accurate assessment of the company's leverage position, additional financial information would need to be available for comparison and trend analysis.
Peer comparison
Mar 31, 2024