Pengana Private Equity Trust (ASX:PE1) Debt-to-Equity : 0.02 (As of Dec. 2023)

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What is Pengana Private Equity Trust Debt-to-Equity?

Pengana Private Equity Trust's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$7.86 Mil. Pengana Private Equity Trust's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Pengana Private Equity Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$424.37 Mil. Pengana Private Equity Trust's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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.

The historical rank and industry rank for Pengana Private Equity Trust's Debt-to-Equity or its related term are showing as below:

ASX:PE1' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.02 Max: 0.02
Current: 0.02

During the past 4 years, the highest Debt-to-Equity Ratio of Pengana Private Equity Trust was 0.02. The lowest was 0.02. And the median was 0.02.

ASX:PE1's Debt-to-Equity is ranked better than
93.49% of 1014 companies
in the Asset Management industry
Industry Median: 0.195 vs ASX:PE1: 0.02

Pengana Private Equity Trust Debt-to-Equity Historical Data

The historical data trend for Pengana Private Equity Trust's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Pengana Private Equity Trust Debt-to-Equity Chart

Pengana Private Equity Trust Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

Pengana Private Equity Trust Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					-	-	0.02	-	0.02

Competitive Comparison of Pengana Private Equity Trust's Debt-to-Equity

For the Asset Management subindustry, Pengana Private Equity Trust's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Pengana Private Equity Trust's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pengana Private Equity Trust's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Pengana Private Equity Trust's Debt-to-Equity falls into.

Pengana Private Equity Trust Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pengana Private Equity Trust's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	449.717
	=	0.00

Pengana Private Equity Trust's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(7.861	+	0)	/	424.366
	=	0.02

Pengana Private Equity Trust (ASX:PE1) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

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

Pengana Private Equity Trust Debt-to-Equity Related Terms

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Pengana Private Equity Trust (ASX:PE1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pengana Private Equity Trust (ASX:PE1) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Farrer Place, Suite 1, Level 27, Governor Philip Tower, Sydney, NSW, AUS, 2000

Website

https://www.pengana.com

Pengana Private Equity Trust is an Australia based company engaged in providing a diversified portfolio of private market investments via a listed investment trust structure. It seeks to generate returns and capital growth through a selective and diversified approach to private market investments.

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