Tecnoglass Holdings Debt-to-Equity Ratio Growth & History (TGLS)
Tecnoglass Holdings's debt-to-equity ratio was 0.24 for fiscal 2025.
View full Tecnoglass Holdings company overviewTecnoglass Holdings annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.24 | 0.07 | +38.99% |
| 2024 | 2024-12-31 | 0.17 | −0.14 | −44.18% |
| 2023 | 2023-12-31 | 0.31 | −0.18 | −36.15% |
| 2022 | 2022-12-31 | 0.49 | −0.33 | −40.57% |
| 2021 | 2021-12-31 | 0.82 | −0.26 | −24.38% |
| 2020 | 2020-12-31 | 1.08 | −0.31 | −22.50% |
| 2019 | 2019-12-31 | 1.39 | −0.44 | −23.92% |
| 2018 | 2018-12-31 | 1.83 | 1.83 | +89897.19% |
| 2017 | 2017-12-31 | 0.00 | −0.21 | −99.02% |
| 2016 | 2016-12-31 | 0.21 | −0.48 | −69.75% |
| 2015 | 2015-12-31 | 0.69 | 0.35 | +105.51% |
| 2014 | 2014-12-31 | 0.34 | −1.32 | −79.79% |
| 2013 | 2013-12-31 | 1.66 | 0.45 | +37.13% |
| 2012 · Dec 31 | 2012-12-31 | 1.21 | — | — |
Tecnoglass Holdings quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.29 | 0.14 | +95.91% |
| Q1 2026 | 2026-03-31 | 0.28 | 0.12 | +74.68% |
| Q4 2025 | 2025-12-31 | 0.24 | 0.07 | +38.99% |
| Q3 2025 | 2025-09-30 | 0.15 | −0.06 | −27.94% |
| Q2 2025 | 2025-06-30 | 0.15 | −0.10 | −40.03% |
| Q1 2025 | 2025-03-31 | 0.16 | −0.12 | −42.18% |
| Q4 2024 | 2024-12-31 | 0.17 | −0.14 | −44.18% |
| Q3 2024 | 2024-09-30 | 0.20 | −0.12 | −38.07% |
| Q2 2024 | 2024-06-30 | 0.25 | −0.11 | −30.58% |
| Q1 2024 | 2024-03-31 | 0.28 | −0.15 | −35.40% |
| Q4 2023 | 2023-12-31 | 0.31 | −0.18 | −36.15% |
| Q3 2023 | 2023-09-30 | 0.33 | −0.21 | −39.37% |
| Q2 2023 | 2023-06-30 | 0.36 | −0.29 | −44.91% |
| Q1 2023 | 2023-03-31 | 0.43 | −0.24 | −35.73% |
| Q4 2022 | 2022-12-31 | 0.49 | −0.33 | −40.57% |
| Q3 2022 | 2022-09-30 | 0.54 | −0.32 | −36.99% |
| Q2 2022 | 2022-06-30 | 0.65 | −0.41 | −38.73% |
| Q1 2022 | 2022-03-31 | 0.66 | −0.50 | −42.77% |
| Q4 2021 | 2021-12-31 | 0.82 | −0.26 | −24.38% |
| Q3 2021 | 2021-09-30 | 0.86 | −0.60 | −41.26% |
| Q2 2021 | 2021-06-30 | 1.06 | −0.54 | −33.65% |
| Q1 2021 | 2021-03-31 | 1.16 | −0.65 | −36.03% |
| Q4 2020 | 2020-12-31 | 1.08 | −0.31 | −22.50% |
| Q3 2020 | 2020-09-30 | 1.46 | −0.11 | −7.02% |
| Q2 2020 | 2020-06-30 | 1.59 | 0.13 | +9.20% |
| Q1 2020 | 2020-03-31 | 1.81 | 0.38 | +26.50% |
| Q4 2019 | 2019-12-31 | 1.39 | −0.44 | −23.92% |
| Q3 2019 | 2019-09-30 | 1.57 | 1.57 | +55083.42% |
| Q2 2019 | 2019-06-30 | 1.46 | 1.46 | +104423.10% |
| Q1 2019 | 2019-03-31 | 1.43 | 1.43 | +89308.62% |
| Q4 2018 | 2018-12-31 | 1.83 | 1.83 | +89897.19% |
| Q3 2018 | 2018-09-30 | 0.00 | −1.84 | −99.85% |
| Q2 2018 | 2018-06-30 | 0.00 | −2.04 | −99.93% |
| Q1 2018 | 2018-03-31 | 0.00 | −1.89 | −99.92% |
| Q4 2017 | 2017-12-31 | 0.00 | −0.21 | −99.02% |
| Q3 2017 | 2017-09-30 | 1.84 | 1.57 | +585.35% |
| Q2 2017 | 2017-06-30 | 2.04 | 1.71 | +513.06% |
| Q1 2017 | 2017-03-31 | 1.89 | −1.94 | −50.62% |
| Q4 2016 | 2016-12-31 | 0.21 | −0.48 | −69.75% |
| Q3 2016 | 2016-09-30 | 0.27 | −3.87 | −93.51% |
| Q2 2016 | 2016-06-30 | 0.33 | −2.75 | −89.22% |
| Q1 2016 | 2016-03-31 | 3.83 | 2.00 | +109.07% |
| Q4 2015 | 2015-12-31 | 0.69 | 0.35 | +105.51% |
| Q3 2015 | 2015-09-30 | 4.14 | 2.68 | +182.95% |
| Q2 2015 | 2015-06-30 | 3.08 | 1.53 | +98.64% |
| Q1 2015 | 2015-03-31 | 1.83 | 0.48 | +34.99% |
| Q4 2014 | 2014-12-31 | 0.34 | −1.32 | −79.79% |
| Q3 2014 | 2014-09-30 | 1.46 | — | — |
| Q2 2014 | 2014-06-30 | 1.55 | — | — |
| Q1 2014 | 2014-03-31 | 1.36 | — | — |
| Q4 2013 | 2013-12-31 | 1.66 | 0.45 | +37.13% |
| Q4 2012 · Dec 31 | 2012-12-31 | 1.21 | — | — |
Tecnoglass Holdings debt-to-equity ratio trends
Over the last five fiscal years, Tecnoglass Holdings's debt-to-equity ratio decreased from 1.08 to 0.24, a change of −0.84. The latest reported quarter, Q2 2026, shows 0.29.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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