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Timkensteel Corporation  (TMST)
Other Ticker:  
 
    Sector  Basic Materials    Industry Iron & Steel
   Industry Iron & Steel
   Sector  Basic Materials

Timkensteel's Total Debt to Equity

TMST's quarterly Total Debt to Equity and Total Debt, Equity growth


Due to debt repayement of 0% Timkensteel improved Total Debt to Equity in third quarter 2023 to 0.02, a new company low.

Within Iron & Steel industry Timkensteel Corporation achieved the lowest Total Debt to Equity in the third quarter 2023. While Total Debt to Equity total ranking has improved so far in the third quarter 2023 to 44, from total ranking in the second quarter 2023 at 68 .

Explain Debt to Equity Ratio?
What is the structure of TMST´s Total Debt?
How valuable is the TMST´s Equity?


TMST Total Debt to Equity (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Equity Change -0.65 % -7.43 % -1.68 % 3.3 % 18.45 %
Y / Y Total Debt Change -35.78 % -35.78 % -62.78 % -54.57 % -54.46 %
Total Debt to Equity MRQ 0.02 0.02 0.02 0.03 0.03
TMST's Total Ranking # 44 # 68 # 138 # 70 # 210
Seq. Equity Change 2.6 % 2.95 % 0.71 % -6.61 % -4.4 %
Seq. Total Debt Change 0 % 0 % -35.78 % 0 % 0 %



Total Debt to Equity third quarter 2023 Company Ranking
Within: No.
Iron & Steel Industry # 1
Basic Materials Sector # 5
Overall Market # 44


Total Debt to Equity Statistics
High Average Low
0.4 0.21 0.02
(Mar 31 2019)   (Sep 30 2023)




Financial Statements
Timkensteel's Equity $ 730 Millions Visit TMST's Balance sheet
Timkensteel's Total Debt $ 13 Millions Visit TMST's Balance sheet
Source of TMST's Sales Visit TMST's Sales by Geography


Cumulative Timkensteel's Total Debt to Equity

TMST's Total Debt to Equity for the trailling 12 Months

TMST Total Debt to Equity

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Equity TTM Growth -0.65 % -7.43 % -1.68 % 3.3 % 18.45 %
Y / Y Total Debt TTM Growth -35.78 % -35.78 % -62.78 % -54.57 % -54.46 %
Total Debt to Equity TTM 0.02 0.02 0.03 0.03 0.04
Total Ranking TTM # 175 # 7 # 10 # 600 # 1054
Seq. Equity TTM Growth 2.6 % 2.95 % 0.71 % -6.61 % -4.4 %
Seq. Total Debt TTM Growth 0 % 0 % -35.78 % 0 % 0 %


On the trailing twelve months basis Due to debt repayement of 0% Timkensteel has not changed Total Debt to Equity in the 12 months ending in III Quarter 2023 to 0.02, a new company low.
Total Debt to Equity is the average cumulative value over the last four quarters.

Among companies in the Iron & Steel industry TMST recorded the lowest Total Debt to Equity. While Total Debt to Equity total ranking has deteriorated during the twelve months ending in the III Quarter 2023, compared to the prior period, from 7 to 175.

Explain Debt to Equity Ratio?
What is the structure of TMST´s Total Debt?
How valuable is the TMST´s Equity?

TTM Total Debt to Equity Company Ranking
Within: No.
Within the Iron & Steel Industry # 1
Basic Materials Sector # 17
Within the Market # 175


trailing twelve months Total Debt to Equity Statistics
High Average Low
0.38 0.21 0.02
(Mar 31 2019)   (Sep 30 2023)




Companies with similar Total Debt to Equity in the quarter ending Sep 30 2023, within Iron & Steel Industry Total Debt to EquitySep 30 2023 MRQ Total DebtSep 30 2023 MRQ Equity
Timkensteel Corporation  0.02 $ 13.100  Millions$ 730.300  Millions
Ryerson Holding Corporation  0.01 $ 5.900  Millions$ 891.100  Millions

Date modified: 2023-11-03T16:08:08+00:00



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