Touax Sca annual debt-to-equity ratio
2019
2020
2021
2022
2023
2024
Touax Sca Debt-to-Equity Ratio Growth & History (TOUP)
Touax Sca's debt-to-equity ratio was 2.29 for fiscal 2024.
View full Touax Sca company overviewTouax Sca annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | 2.29 | 1.74 | +314.71% |
| 2023 | 2023-12-31 | 0.55 | −0.04 | −7.20% |
| 2022 | 2022-12-31 | 0.60 | −0.12 | −16.88% |
| 2021 | 2021-12-31 | 0.72 | 0.36 | +99.21% |
| 2020 | 2020-12-31 | 0.36 | −1.04 | −74.27% |
| 2019 | 2019-12-31 | 1.40 | — | — |
Touax Sca debt-to-equity ratio trends
Over the last five fiscal years, Touax Sca's debt-to-equity ratio increased from 1.40 to 2.29, a change of 0.89.
About the metric
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.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by 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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