Promotora de Informaciones (FRA:PZ41) Debt-to-Equity : -2.10 (As of Sep. 2023)

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What is Promotora de Informaciones Debt-to-Equity?

Promotora de Informaciones's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €47.2 Mil. Promotora de Informaciones's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €883.8 Mil. Promotora de Informaciones's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €-442.5 Mil. Promotora de Informaciones's debt to equity for the quarter that ended in Sep. 2023 was -2.10.

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 Promotora de Informaciones's Debt-to-Equity or its related term are showing as below:

FRA:PZ41' s Debt-to-Equity Range Over the Past 10 Years
Min: -28.4 Med: -3.07 Max: 2.26
Current: -2.1

During the past 13 years, the highest Debt-to-Equity Ratio of Promotora de Informaciones was 2.26. The lowest was -28.40. And the median was -3.07.

FRA:PZ41's Debt-to-Equity is not ranked
in the Media - Diversified industry.
Industry Median: 0.28 vs FRA:PZ41: -2.10

Promotora de Informaciones Debt-to-Equity Historical Data

The historical data trend for Promotora de Informaciones'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.

Promotora de Informaciones Debt-to-Equity Chart

Promotora de Informaciones Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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-3.95

-2.82

-2.30

-1.83

-2.01

Promotora de Informaciones Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															-1.71	-2.01	-2.38	-2.11	-2.10

Competitive Comparison of Promotora de Informaciones's Debt-to-Equity

For the Publishing subindustry, Promotora de Informaciones'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.

Promotora de Informaciones's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Promotora de Informaciones's Debt-to-Equity distribution charts can be found below:

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

Promotora de Informaciones Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Promotora de Informaciones'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
	=	(63.656	+	1034.783)	/	-546.235
	=	-2.01

Promotora de Informaciones's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(47.2	+	883.8)	/	-442.5
	=	-2.10

Promotora de Informaciones (FRA:PZ41) 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.

Promotora de Informaciones Debt-to-Equity Related Terms

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Promotora de Informaciones (FRA:PZ41) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Promotora de Informaciones SA (FRA:PZ41) » Definitions » Debt-to-Equity

Traded in Other Exchanges

0R7W:UK PRS:Spain

Address

Gran Via, 32, Madrid, ESP, 28013

Website

http://www.prisa.com

Promotora de Informaciones SA operates under the commercial name 'Prisa' which is a multimedia group in Spain and Portugal. The business is operated through various segment which includes Education, Radio, Press, and others. Its Education segment includes primarily the sale of educational books and the services and materials related to the education systems. Geographically, it operates in Spain, Portugal, Chile, Brazil, Mexico, and other countries out of which Spain accounts for most of the revenue for the company.

Promotora de Informaciones (FRA:PZ41) Headlines

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