Tandy Leather Factory Debt-to-Equity Ratio Growth & History (TLF)
Tandy Leather Factory's debt-to-equity ratio was 0.52 for fiscal 2025.
View full Tandy Leather Factory company overviewTandy Leather Factory annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.52 | 0.33 | +176.38% |
| 2024 | 2024-12-31 | 0.19 | 0.02 | +12.60% |
| 2023 | 2023-12-31 | 0.17 | −0.03 | −16.95% |
| 2022 | 2022-12-31 | 0.20 | −0.03 | −11.06% |
| 2021 | 2021-12-31 | 0.23 | −0.03 | −10.88% |
| 2020 | 2020-12-31 | 0.25 | −0.00 | −0.96% |
| 2019 | 2019-12-31 | 0.26 | 0.10 | +66.78% |
| 2018 | 2018-12-31 | 0.15 | 0.02 | +16.66% |
| 2017 | 2017-12-31 | 0.13 | −0.01 | −6.92% |
| 2016 | 2016-12-31 | 0.14 | 0.07 | +86.94% |
| 2015 | 2015-12-31 | 0.08 | −0.04 | −34.02% |
| 2014 | 2014-12-31 | 0.11 | 0.06 | +97.25% |
| 2013 | 2013-12-31 | 0.06 | −0.02 | −29.62% |
| 2012 | 2012-12-31 | 0.08 | −0.01 | −13.85% |
| 2011 | 2011-12-31 | 0.10 | −0.02 | −18.56% |
| 2010 | 2010-12-31 | 0.12 | — | — |
Tandy Leather Factory quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.60 | 0.40 | +195.64% |
| Q1 2026 | 2026-03-31 | 0.60 | 0.40 | +209.16% |
| Q4 2025 | 2025-12-31 | 0.52 | 0.33 | +176.38% |
| Q3 2025 | 2025-09-30 | 0.47 | 0.29 | +169.85% |
| Q2 2025 | 2025-06-30 | 0.20 | 0.03 | +19.01% |
| Q1 2025 | 2025-03-31 | 0.19 | 0.02 | +11.05% |
| Q4 2024 | 2024-12-31 | 0.19 | 0.02 | +12.60% |
| Q3 2024 | 2024-09-30 | 0.17 | −0.01 | −5.70% |
| Q2 2024 | 2024-06-30 | 0.17 | −0.04 | −20.69% |
| Q1 2024 | 2024-03-31 | 0.17 | −0.05 | −21.64% |
| Q4 2023 | 2023-12-31 | 0.17 | −0.03 | −16.95% |
| Q3 2023 | 2023-09-30 | 0.18 | −0.02 | −10.96% |
| Q2 2023 | 2023-06-30 | 0.22 | 0.01 | +2.50% |
| Q1 2023 | 2023-03-31 | 0.22 | 0.00 | +1.35% |
| Q4 2022 | 2022-12-31 | 0.20 | −0.03 | −11.06% |
| Q3 2022 | 2022-09-30 | 0.21 | −0.02 | −8.95% |
| Q2 2022 | 2022-06-30 | 0.21 | −0.02 | −10.36% |
| Q1 2022 | 2022-03-31 | 0.22 | −0.03 | −11.18% |
| Q4 2021 | 2021-12-31 | 0.23 | −0.03 | −10.88% |
| Q3 2021 | 2021-09-30 | 0.23 | −0.04 | −14.82% |
| Q2 2021 | 2021-06-30 | 0.24 | −0.04 | −15.24% |
| Q1 2021 | 2021-03-31 | 0.25 | −0.01 | −2.65% |
| Q4 2020 | 2020-12-31 | 0.25 | −0.00 | −0.96% |
| Q3 2020 | 2020-09-30 | 0.27 | — | — |
| Q2 2020 | 2020-06-30 | 0.28 | — | — |
| Q1 2020 | 2020-03-31 | 0.25 | 0.14 | +122.96% |
| Q4 2019 | 2019-12-31 | 0.26 | 0.10 | +66.78% |
| Q1 2019 | 2019-03-31 | 0.11 | −0.02 | −13.80% |
| Q4 2018 | 2018-12-31 | 0.15 | 0.02 | +16.66% |
| Q3 2018 | 2018-09-30 | 0.14 | 0.01 | +6.77% |
| Q2 2018 | 2018-06-30 | 0.14 | 0.01 | +5.10% |
| Q1 2018 | 2018-03-31 | 0.13 | −0.00 | −2.24% |
| Q4 2017 | 2017-12-31 | 0.13 | −0.01 | −6.92% |
| Q3 2017 | 2017-09-30 | 0.13 | −0.02 | −11.08% |
| Q2 2017 | 2017-06-30 | 0.13 | −0.02 | −11.39% |
| Q1 2017 | 2017-03-31 | 0.13 | 0.00 | +0.63% |
| Q4 2016 | 2016-12-31 | 0.14 | 0.07 | +86.94% |
| Q3 2016 | 2016-09-30 | 0.14 | 0.07 | +89.37% |
| Q2 2016 | 2016-06-30 | 0.15 | 0.11 | +317.68% |
| Q1 2016 | 2016-03-31 | 0.13 | 0.09 | +219.28% |
| Q4 2015 | 2015-12-31 | 0.08 | −0.04 | −34.02% |
| Q3 2015 | 2015-09-30 | 0.08 | −0.10 | −56.42% |
| Q2 2015 | 2015-06-30 | 0.04 | −0.06 | −64.03% |
| Q1 2015 | 2015-03-31 | 0.04 | −0.01 | −23.82% |
| Q4 2014 | 2014-12-31 | 0.11 | 0.06 | +97.25% |
| Q3 2014 | 2014-09-30 | 0.18 | 0.11 | +179.83% |
| Q2 2014 | 2014-06-30 | 0.10 | 0.03 | +46.75% |
| Q1 2014 | 2014-03-31 | 0.05 | −0.02 | −29.93% |
| Q4 2013 | 2013-12-31 | 0.06 | −0.02 | −29.62% |
| Q3 2013 | 2013-09-30 | 0.06 | −0.03 | −29.83% |
| Q2 2013 | 2013-06-30 | 0.07 | −0.02 | −27.19% |
| Q1 2013 | 2013-03-31 | 0.08 | — | — |
| Q4 2012 | 2012-12-31 | 0.08 | −0.01 | −13.85% |
| Q3 2012 | 2012-09-30 | 0.09 | −0.01 | −13.28% |
| Q2 2012 | 2012-06-30 | 0.09 | −0.01 | −13.43% |
| Q4 2011 | 2011-12-31 | 0.10 | −0.02 | −18.56% |
| Q3 2011 | 2011-09-30 | 0.10 | — | — |
| Q2 2011 | 2011-06-30 | 0.11 | — | — |
| Q4 2010 | 2010-12-31 | 0.12 | — | — |
Tandy Leather Factory debt-to-equity ratio trends
Over the last five fiscal years, Tandy Leather Factory's debt-to-equity ratio increased from 0.25 to 0.52, a change of 0.27. The latest reported quarter, Q2 2026, shows 0.60.
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.
Review Tandy Leather Factory source filings ↗