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Peerless Systems Corp (NAS:PRLS)
Debt to Equity
0.10 (As of Oct. 2014)

Peerless Systems Corp's current portion of long-term debt for the quarter that ended in Oct. 2014 was \$0.83 Mil. Peerless Systems Corp's long-term debt for the quarter that ended in Oct. 2014 was \$0.72 Mil. Peerless Systems Corp's total equity for the quarter that ended in Oct. 2014 was \$16.09 Mil. Peerless Systems Corp's debt to equity for the quarter that ended in Oct. 2014 was 0.10.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

Definition

Debt to Equity measures the financial leverage a company has.

Peerless Systems Corp's Debt to Equity Ratio for the fiscal year that ended in Jan. 2014 is calculated as

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (0 + 0) / 12.127 = 0.00

Peerless Systems Corp's Debt to Equity Ratio for the quarter that ended in Oct. 2014 is calculated as

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (0.826 + 0.722) / 16.093 = 0.10

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Explanation

In the calculation of Debt to Equity, we use the total of Current Portion of Long-Term Debt and Long-Term Debt divided by Total Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its Return on Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return on Equity companies.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Peerless Systems Corp Annual Data

 Jan05 Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 deb2equity 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Peerless Systems Corp Quarterly Data

 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 deb2equity 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.10
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