Petmin (LSE:PTMN) Debt-to-Equity : 0.21 (As of Dec. 2016)

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What is Petmin Debt-to-Equity?

Petmin's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was £0.20 Mil. Petmin's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was £15.63 Mil. Petmin's Total Stockholders Equity for the quarter that ended in Dec. 2016 was £74.62 Mil. Petmin's debt to equity for the quarter that ended in Dec. 2016 was 0.21.

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 Petmin's Debt-to-Equity or its related term are showing as below:

LSE:PTMN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.21 Max: 0.38
Current: 0.21

During the past 12 years, the highest Debt-to-Equity Ratio of Petmin was 0.38. The lowest was 0.03. And the median was 0.21.

LSE:PTMN's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.13 vs LSE:PTMN: 0.21

Petmin Debt-to-Equity Historical Data

The historical data trend for Petmin'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.

Petmin Debt-to-Equity Chart

Petmin Annual Data

Trend

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Debt-to-Equity

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0.17

0.29

0.37

0.21

0.22

Petmin Semi-Annual Data
	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16
Debt-to-Equity	Get a 7-Day Free Trial										0.31	0.21	0.38	0.22	0.21

Competitive Comparison of Petmin's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, Petmin'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.

Petmin's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Petmin's Debt-to-Equity distribution charts can be found below:

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

Petmin Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Petmin's Debt to Equity Ratio for the fiscal year that ended in Jun. 2016 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
	=	(0.655	+	12.63)	/	61.296
	=	0.22

Petmin's Debt to Equity Ratio for the quarter that ended in Dec. 2016 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
	=	(0.203	+	15.629)	/	74.618
	=	0.21

Petmin (LSE:PTMN) 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.

Petmin Debt-to-Equity Related Terms

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Petmin (LSE:PTMN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Petmin Ltd (LSE:PTMN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.petmin.co.za

Petmin Ltd is a mineral exploration company mining & producing, iron ore,metallurgical anthracite and energy coal and pig iron. It is geographically diversiï¬ed with mining operations in South Africa, an industrial project in North America, and exploration projects in Liberia and Turkey. It is South Africa's producer of metallurgical anthracite, and is developing a high-potential iron sands to pig iron project in Canada. The Company is also engaged on commodities that support the steel value chain and are required for urbanisation and infrastructure growth.