Tucows Debt Equity Ratio from 2010 to 2024

TCX Stock  USD 16.59  0.32  1.97%   
Tucows Debt Equity Ratio yearly trend continues to be fairly stable with very little volatility. Debt Equity Ratio is likely to outpace its year average in 2024. During the period from 2010 to 2024, Tucows Debt Equity Ratio regression line of annual values had r-squared of  0.38 and arithmetic mean of  8.26. View All Fundamentals
 
Debt Equity Ratio  
First Reported
2010-12-31
Previous Quarter
55.6998481
Current Value
58.48
Quarterly Volatility
19.8456639
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tucows financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tucows' main balance sheet or income statement drivers, such as Depreciation And Amortization of 49 M, Interest Expense of 44.3 M or Total Revenue of 356.3 M, as well as many indicators such as Price To Sales Ratio of 0.82, Dividend Yield of 0.0 or PTB Ratio of 31.19. Tucows financial statements analysis is a perfect complement when working with Tucows Valuation or Volatility modules.
  
Check out the analysis of Tucows Correlation against competitors.

Latest Tucows' Debt Equity Ratio Growth Pattern

Below is the plot of the Debt Equity Ratio of Tucows Inc over the last few years. It is Tucows' Debt Equity Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tucows' overall financial position and show how it may be relating to other accounts over time.
Debt Equity Ratio10 Years Trend
Slightly volatile
   Debt Equity Ratio   
       Timeline  

Tucows Debt Equity Ratio Regression Statistics

Arithmetic Mean8.26
Geometric Mean0.71
Coefficient Of Variation240.31
Mean Deviation13.02
Median0.81
Standard Deviation19.85
Sample Variance393.85
Range58.4521
R-Value0.62
Mean Square Error262.75
R-Squared0.38
Significance0.01
Slope2.74
Total Sum of Squares5,514

Tucows Debt Equity Ratio History

2024 58.48
2023 55.7
2022 2.52
2021 1.68
2020 1.18
2019 1.22
2018 0.81

About Tucows Financial Statements

Tucows investors use historical fundamental indicators, such as Tucows' Debt Equity Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Tucows. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt Equity Ratio 55.70  58.48 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Tucows Stock Analysis

When running Tucows' price analysis, check to measure Tucows' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tucows is operating at the current time. Most of Tucows' value examination focuses on studying past and present price action to predict the probability of Tucows' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tucows' price. Additionally, you may evaluate how the addition of Tucows to your portfolios can decrease your overall portfolio volatility.