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Tessco Technologies Incorporated  (TESS)
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Tessco Technologies Incorporated's Tangible Leverage Ratio

TESS's quarterly Tangible Leverage Ratio and Total Liabilities, Tangible Equity growth


Due to net new borrowings of 5.28%, Tangible Leverage Ratio fell to 4.93, above the Tessco Technologies Incorporated's average Tangible Leverage Ratio.

Within Electronic Parts & Equipment industry in the forth quarter 2023, 6 other companies have achieved lower Tangible Leverage Ratio than Tessco Technologies Incorporated in the IV Quarter 2023. While Tangible Leverage Ratio total ranking has improved so far in the forth quarter 2023 to 2641, from total ranking in the third quarter 2022 at 3084 .

Explain Tangible Leverage Ratio?
What is TESS Market Share?
What are TESS´s Total Liabilities?


TESS Tangible Leverage Ratio (Mar 26 2023)
IV. Quarter
(Dec 25 2022)
III. Quarter
(Sep 25 2022)
II. Quarter
(Jun 26 2022)
I. Quarter
(Mar 27 2022)
IV. Quarter
Y / Y Tangible Equity Change -28.61 % -23.85 % -19.43 % -21.62 % -21.33 %
Y / Y Total Liabilities Change 25.98 % 35.76 % 21.3 % 0.94 % 12.7 %
Tangible Leverage Ratio MRQ 4.93 4.04 3.77 3.21 2.79
TESS's Total Ranking # 2641 # 3084 # 2705 # 2690 # 2592
Seq. Tangible Equity Change -13.76 % -7.64 % -4.15 % -6.5 % -8.01 %
Seq. Total Liabilities Change 5.28 % -1.06 % 12.42 % 7.58 % 13.45 %



Tangible Leverage Ratio forth quarter 2023 Company Ranking
Within: No.
Electronic Parts & Equipment Industry # 7
Consumer Discretionary Sector # 113
Overall Market # 2641


Tangible Leverage Ratio Statistics
High Average Low
2.18 1.1 0.47
(Mar 26 2023)   (Mar 27 2016)




Financial Statements
Tessco Technologies Incorporated's Tangible Equity $ 32 Millions Visit TESS's Balance sheet
Tessco Technologies Incorporated's Total Liabilities $ 159 Millions Visit TESS's Balance sheet
Source of TESS's Sales Visit TESS's Sales by Geography


Cumulative Tessco Technologies Incorporated's Tangible Leverage Ratio

TESS's Tangible Leverage Ratio for the trailling 12 Months

TESS Tangible Leverage Ratio

(Mar 26 2023)
IV. Quarter
(Dec 25 2022)
III. Quarter
(Sep 25 2022)
II. Quarter
(Jun 26 2022)
I. Quarter
(Mar 27 2022)
IV. Quarter
Y / Y Tangible Equity TTM Growth -28.61 % -23.85 % -19.43 % -21.62 % -21.33 %
Y / Y Total Liabilities TTM Growth 25.98 % 35.76 % 21.3 % 0.94 % 12.7 %
Tangible Leverage Ratio TTM 3.93 3.42 2.97 2.67 2.51
Total Ranking TTM # 2935 # 17 # 317 # 13 # 2549
Seq. Tangible Equity TTM Growth -13.76 % -7.64 % -4.15 % -6.5 % -8.01 %
Seq. Total Liabilities TTM Growth 5.28 % -1.06 % 12.42 % 7.58 % 13.45 %


On the trailing twelve months basis Due to the net new borrowings of 5.28% during the trailing twelve months finishing in the IV Quarter 2023, cumulativeTangible Leverage Ratio improved to 3.93, above the Tessco Technologies Incorporated's average Tangible Leverage Ratio.
Tangible Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the Electronic Parts & Equipment industry 8, during the past 12 months, other companies have achieved lower Tangible Leverage Ratio than Tessco Technologies Incorporated. While Tangible Leverage Ratio total ranking has deteriorated during the twelve months ending in the IV Quarter 2023, compared to the prior period, from 17 to 2935.

Explain Tangible Leverage Ratio?
What is TESS Market Share?
What are TESS´s Total Liabilities?

TTM Tangible Leverage Ratio Company Ranking
Within: No.
Within the Electronic Parts & Equipment Industry # 9
Consumer Discretionary Sector # 124
Within the Market # 2935


trailing twelve months Tangible Leverage Ratio Statistics
High Average Low
1.97 1.06 0.58
(Mar 26 2023)   (June 30. 2016)




Companies with similar Tangible Leverage Ratio in the quarter ending Mar 26 2023, within Electronic Parts & Equipment Industry Tangible Leverage RatioMar 26 2023 MRQ Total LiabilitiesMar 26 2023 MRQ Tangible Equity
Tessco Technologies Incorporated  4.93 $ 159.484  Millions$ 32.359  Millions
Arrow Electronics Inc   4.15 $ 14,178.800  Millions$ 3,412.882  Millions
Te Connectivity ltd   2.49 $ 10,470.000  Millions$ 4,207.000  Millions
Avnet Inc   1.87 $ 7,229.321  Millions$ 3,864.695  Millions
Voxx International Corporation  1.42 $ 210.842  Millions$ 148.846  Millions

Date modified: 2023-05-30T16:02:28+00:00



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