Toughbuilt Industries (TBLT) has a debt-to-equity ratio of -0.33, below the Consumer Discretionary sector average of 0.78.
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Debt-to-Equity ratio measures a company's financial leverage by comparing its total debt to shareholder equity. A lower D/E ratio generally indicates a more financially stable company with less risk.
As of the most recent data, TBLT shows a debt-to-equity ratio of -0.33. That is below the Consumer Discretionary sector average of 0.78. Scroll down for historical charts and peer comparison views.
The Consumer Discretionary sector average debt-to-equity ratio is about 0.78. Toughbuilt Industries is at -0.33, which is lower that average. That is roughly 142.0% below the sector mean. Use the comparison chart on this page to see how TBLT stacks up against individual peers as well.
Investors watch TBLT's debt-to-equity ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Toughbuilt Industries's latest reading is -0.33. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this debt-to-equity ratio page, Stockcircle has Toughbuilt Industries's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect debt-to-equity ratio (currently -0.33) with ownership activity and broader fundamentals.
The Consumer Discretionary average debt-to-equity ratio is about 0.78, while TBLT is at -0.33. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.