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Tessco Technologies Incorporated  (TESS)
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Tessco Technologies Incorporated's Long Term Debt to Equity

TESS's quarterly Long Term Debt to Equity and Long Term Debt, Equity growth


Due to net new long-term borrowings of 4.22%, Long Term Debt to Equity fell to 0.88, a new company high.

Within Electronic Parts & Equipment industry in the forth quarter 2023, 6 other companies have achieved lower Long Term Debt to Equity than Tessco Technologies Incorporated in the IV Quarter 2023. While Long Term Debt to Equity total ranking has deteriorated compared to the third quarter 2022 from 1754 to 1760 .

Explain Long Term Debt to Equity Ratio?
How much Long Term Debt TESS´s has?
What is the structure of TESS´s Equity?


TESS Long Term Debt to Equity (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 Equity Change -3.7 % 1.97 % 3.2 % 0.62 % -1.08 %
Y / Y Long Term Debt Change 48.68 % 61.82 % 17.88 % 20.95 % 41.94 %
Long Term Debt to Equity MRQ 0.88 0.79 0.7 0.63 0.57
TESS's Total Ranking # 1760 # 1754 # 1662 # 1738 # 1463
Seq. Equity Change -6.56 % 1.12 % 2.05 % -0.12 % -1.07 %
Seq. Long Term Debt Change 4.22 % 15.01 % 12.06 % 10.69 % 13.43 %



Long Term Debt to Equity forth quarter 2023 Company Ranking
Within: No.
Electronic Parts & Equipment Industry # 7
Consumer Discretionary Sector # 72
Overall Market # 1760


Long Term Debt to Equity Statistics
High Average Low
0.88 0.16 0
(Mar 26 2023)   (Apr 01 2018)




Financial Statements
Tessco Technologies Incorporated's Equity $ 73 Millions Visit TESS's Balance sheet
Tessco Technologies Incorporated's Long Term Debt $ 65 Millions Visit TESS's Balance sheet
Source of TESS's Sales Visit TESS's Sales by Geography


Cumulative Tessco Technologies Incorporated's Long Term Debt to Equity

TESS's Long Term Debt to Equity for the trailling 12 Months

TESS Long Term Debt to Equity

(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 Equity TTM Growth -3.7 % 1.97 % 3.2 % 0.62 % -1.08 %
Y / Y Long Term Debt TTM Growth 48.68 % 61.82 % 17.88 % 20.95 % 41.94 %
Long Term Debt to Equity TTM 0.75 0.67 0.6 0.58 0.55
Total Ranking TTM # 2166 # 97 # 132 # 100 # 91
Seq. Equity TTM Growth -6.56 % 1.12 % 2.05 % -0.12 % -1.07 %
Seq. Long Term Debt TTM Growth 4.22 % 15.01 % 12.06 % 10.69 % 13.43 %


On the trailing twelve months basis Due to the net new long-term borrowings of 4.22% during the trailing twelve months finishing in the IV Quarter 2023, cumulativeLong Term Debt to Equity improved to 0.75, a new company high.
Long Term Debt to Equity is the average cumulative value over the last four quarters.

Among companies in the Electronic Parts & Equipment industry 5, during the past 12 months, other companies have achieved lower Long Term Debt to Equity than Tessco Technologies Incorporated. While Long Term Debt to Equity total ranking has deteriorated during the twelve months ending in the IV Quarter 2023, compared to the prior period, from 97 to 2166.

Explain Long Term Debt to Equity Ratio?
How much Long Term Debt TESS´s has?
What is the structure of TESS´s Equity?

TTM Long Term Debt to Equity Company Ranking
Within: No.
Within the Electronic Parts & Equipment Industry # 6
Consumer Discretionary Sector # 98
Within the Market # 2166


trailing twelve months Long Term Debt to Equity Statistics
High Average Low
0.75 0.22 0
(Mar 26 2023)   (Dec 30 2018)




Companies with similar Long Term Debt to Equity in the quarter ending Mar 26 2023, within Electronic Parts & Equipment Industry Long Term Debt to EquityMar 26 2023 MRQ Long Term DebtMar 26 2023 MRQ Equity
Tessco Technologies Incorporated  0.88 $ 64.542  Millions$ 73.116  Millions
Arrow Electronics Inc   0.66 $ 3,719.056  Millions$ 5,600.180  Millions
Avnet Inc   0.65 $ 3,032.864  Millions$ 4,635.601  Millions
Te Connectivity ltd   0.36 $ 3,916.000  Millions$ 11,020.000  Millions

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



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