Persimmon (LSE:PSN) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Persimmon Debt-to-Equity?

Persimmon's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0 Mil. Persimmon's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0 Mil. Persimmon's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £3,419 Mil. Persimmon's debt to equity for the quarter that ended in Dec. 2023 was 0.00.

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

LSE:PSN's Debt-to-Equity is not ranked ^*
in the Homebuilding & Construction industry.
Industry Median: 0.56
* Ranked among companies with meaningful Debt-to-Equity only.

Persimmon Debt-to-Equity Historical Data

The historical data trend for Persimmon'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.

Persimmon Debt-to-Equity Chart

Persimmon Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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Persimmon 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															-	-	-	-	-

Competitive Comparison of Persimmon's Debt-to-Equity

For the Residential Construction subindustry, Persimmon'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.

Persimmon's Debt-to-Equity Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Persimmon's Debt-to-Equity distribution charts can be found below:

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

Persimmon Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Persimmon's Debt to Equity Ratio for the fiscal year 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	+	0)	/	3418.5
	=	0.00

Persimmon'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	+	0)	/	3418.5
	=	0.00

Persimmon (LSE:PSN) 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.

Persimmon Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Persimmon's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Persimmon (LSE:PSN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Persimmon PLC (LSE:PSN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PSMMY:USA PSNl:UK OHP:Germany

Address

Persimmon House, Fulford, York, GBR, YO19 4FE

Website

https://www.persimmonhomes.com/corporate

Persimmon is the U.K.'s second largest residential property developer by revenue and dwelling completions, marketing homes under its three brands: Persimmon Homes, Charles Church, and Westbury Partnerships. Persimmon largely caters to the lower-priced segment of the newbuild market, attracting more first-time homebuyers than any of its peer homebuilders. Aligning with the typical business model employed by U.K. homebuilders, Persimmon is a vertically integrated speculative homebuilder.