PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna (WAR:PGV) Debt-to-Equity : 0.04 (As of Mar. 2024)

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What is PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Debt-to-Equity?

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was zł1.9 Mil. PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was zł1.4 Mil. PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Total Stockholders Equity for the quarter that ended in Mar. 2024 was zł88.7 Mil. PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's debt to equity for the quarter that ended in Mar. 2024 was 0.04.

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 PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Debt-to-Equity or its related term are showing as below:

WAR:PGV' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.02 Med: 0.05 Max: 8.3
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna was 8.30. The lowest was -1.02. And the median was 0.05.

WAR:PGV's Debt-to-Equity is ranked better than
86.72% of 2613 companies
in the Industrial Products industry
Industry Median: 0.28 vs WAR:PGV: 0.04

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Debt-to-Equity Historical Data

The historical data trend for PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna'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.

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PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Debt-to-Equity Chart

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.01

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.01	-	-	-	0.04

Competitive Comparison of PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Debt-to-Equity

For the Metal Fabrication subindustry, PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna'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.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Debt-to-Equity falls into.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(0.05	+	0.541)	/	115.108
	=	0.01

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(1.872	+	1.438)	/	88.733
	=	0.04

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna (WAR:PGV) 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.

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna Debt-to-Equity Related Terms

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PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna (WAR:PGV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna (WAR:PGV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

ul. Sulechowska 4a, Zielona Gora, POL, 65-119

Website

http://www.zastal.pl

PGF Polska Grupa Fotowoltaiczna Spolka Akcyjna, formerly Zastal SA is engaged in the manufacture and sale of rolling stock and steel structures. The company manufactures steel structures of industrial halls, buildings, churches, bridges, and railway stations, as well as constructs railway wagons and cars. It also operates in USSR, Iraq, Syria, and China.

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