Pine Technology Holdings (FRA:PNY) Debt-to-Equity : 0.02 (As of Dec. 2023)

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What is Pine Technology Holdings Debt-to-Equity?

Pine Technology Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.19 Mil. Pine Technology Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. Pine Technology Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €10.63 Mil. Pine Technology Holdings'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 Pine Technology Holdings's Debt-to-Equity or its related term are showing as below:

FRA:PNY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.31 Max: 0.53
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Pine Technology Holdings was 0.53. The lowest was 0.02. And the median was 0.31.

FRA:PNY's Debt-to-Equity is ranked better than
93.72% of 2196 companies
in the Hardware industry
Industry Median: 0.29 vs FRA:PNY: 0.02

Pine Technology Holdings Debt-to-Equity Historical Data

The historical data trend for Pine Technology Holdings'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.

Pine Technology Holdings Debt-to-Equity Chart

Pine Technology Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.20

0.05

0.07

0.06

0.09

Pine Technology Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.08	0.06	0.04	0.09	0.02

Competitive Comparison of Pine Technology Holdings's Debt-to-Equity

For the Computer Hardware subindustry, Pine Technology Holdings'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.

Pine Technology Holdings's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Pine Technology Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Pine Technology Holdings's Debt-to-Equity falls into.

Pine Technology Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pine Technology Holdings'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
	=	(0.216	+	0.156)	/	4.275
	=	0.09

Pine Technology Holdings'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
	=	(0.186	+	0)	/	10.625
	=	0.02

Pine Technology Holdings (FRA:PNY) 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.

Pine Technology Holdings Debt-to-Equity Related Terms

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Pine Technology Holdings (FRA:PNY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Pine Technology Holdings Ltd (FRA:PNY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

01079:Hong Kong PNY:Germany

Address

88–98 Des Voeux Road Central, Unit B, 12th Floor, Central 88, Central, Hong Kong, HKG

Website

http://www.pinegroup.com

Pine Technology Holdings Ltd is engaged in the design, manufacturing, and distribution of personal computer (PC) based products. The company operates its business in various segments that include Group's Brand Product; Other brand products; Money lending service; Trading business; and Computer software and hardware and system development. The Company generates majority of its revenue from Sales of plastic products through trading business. It exports its product to Canada, the United States of America, Asia, and other regions.