Peet (ASX:PPC) Debt-to-Equity

: 0.62 (As of Dec. 2023)

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Peet's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$75.5 Mil. Peet's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$273.1 Mil. Peet's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$561.3 Mil. Peet's debt to equity for the quarter that ended in Dec. 2023 was 0.62.

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

ASX:PPC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4 Med: 0.53 Max: 0.73
Current: 0.62

During the past 13 years, the highest Debt-to-Equity Ratio of Peet was 0.73. The lowest was 0.40. And the median was 0.53.

ASX:PPC's Debt-to-Equity is ranked better than
56.78% of 1592 companies
in the Real Estate industry
Industry Median: 0.76 vs ASX:PPC: 0.62

Peet Debt-to-Equity Historical Data

The historical data trend for Peet'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.

Peet Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

0.45

0.58

0.53

0.57

0.53

Peet 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																0.53	0.57	0.55	0.53	0.62

Competitive Comparison

For the Real Estate - Development subindustry, Peet'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.

Peet Debt-to-Equity Distribution

For the Real Estate industry and Real Estate sector, Peet's Debt-to-Equity distribution charts can be found below:

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

Peet Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Peet'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
	=	(78.657	+	223.593)	/	567.503
	=	0.53

Peet'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
	=	(75.514	+	273.096)	/	561.304
	=	0.62

Peet (ASX:PPC) 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.

Peet Debt-to-Equity Related Terms

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Peet (ASX:PPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Peet Ltd (ASX:PPC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PPCHB.PFD:Australia

Address

200 St Georges Terrace, 7th Floor, Perth, WA, AUS, 6000

Website

https://www.peet.com.au

Peet Ltd acquires, develops, and markets residential land, predominantly under a capital-efficient funds management model. The company earns revenue from the sale of land, underwriting, capital raising, and asset identification services; Ongoing project-related fees mainly project management, selling fees, and performance fees. It operates in the following segment: Funds management; Company-owned projects; and Joint arrangements. The Company-owned projects segment accounts for the majority of revenue.