PureCycle Technologies (PureCycle Technologies) Debt-to-Equity

: 1.29 (As of Dec. 2023)

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PureCycle Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9.15 Mil. PureCycle Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $534.66 Mil. PureCycle Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $420.24 Mil. PureCycle Technologies's debt to equity for the quarter that ended in Dec. 2023 was 1.29.

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

PCT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.43 Med: 0.83 Max: 1.36
Current: 1.29

During the past 6 years, the highest Debt-to-Equity Ratio of PureCycle Technologies was 1.36. The lowest was 0.43. And the median was 0.83.

PCT's Debt-to-Equity is ranked worse than
91.52% of 2617 companies
in the Industrial Products industry
Industry Median: 0.29 vs PCT: 1.29

PureCycle Technologies Debt-to-Equity Historical Data

The historical data trend for PureCycle Technologies'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.

PureCycle Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.66

1.36

0.43

0.49

1.29

PureCycle Technologies Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial														0.49	0.33	0.42	1.23	1.29

Competitive Comparison

For the Pollution & Treatment Controls subindustry, PureCycle Technologies'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.

PureCycle Technologies Debt-to-Equity Distribution

For the Industrial Products industry and Industrials sector, PureCycle Technologies's Debt-to-Equity distribution charts can be found below:

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

PureCycle Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PureCycle Technologies'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
	=	(9.148	+	534.657)	/	420.236
	=	1.29

PureCycle Technologies'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
	=	(9.148	+	534.657)	/	420.236
	=	1.29

PureCycle Technologies (NAS:PCT) 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.

PureCycle Technologies Debt-to-Equity Related Terms

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PureCycle Technologies (PureCycle Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » PureCycle Technologies Inc (NAS:PCT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PCTTU:USA PCT:Mexico

Address

5950 Hazeltine National Drive, Suite 300, Orlando, FL, USA, 32822

Website

https://www.purecycle.com

PureCycle Technologies Inc holds a global license to commercialize the only patented solvent-based purification recycling technology, developed by The Procter & Gamble Company (P&G), for restoring waste polypropylene (PP) into a virgin-like resin. The proprietary process removes color, odor and other contaminants from recycled feedstock resulting in virgin-like polypropylene suitable for any PP market.

Executives

Lawrence C Somma	officer: Chief Financial Officer	C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Steven F Bouck	director	C/O WASTE CONNECTIONS INC, 2260 DOUGLAS BLVD SUITE 280, ROSEVILLE CA 95661
Fernando Musa	director	5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
Daniel M Coombs	director	C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Dustin Olson	officer: Chief Manufacturing Officer	5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
Brad Kalter	officer: Gen. Counsel & Corp. Secretary	800 2ND AVE S, ST PETERSBURG FL 33701
John Stewart Scott	director	5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
David Warner Brenner	officer: Chief Commercial Officer	5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
Jeffrey Richard Fieler	director	10 MARKET STREET, PO BOX 687, GRAND CAYMAN E9 KY1-9006
Sylebra Capital Ltd	10 percent owner	28 HENNESSY ROAD, 20TH FLOOR, WAN CHAI, HONG KONG K3 00000
Timothy Glockner	director	5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
Daniel Patrick Gibson	10 percent owner	400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Michael Otworth	director, officer: Chairman & CEO	5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
Allen Jacoby	director	5950 HAZELTINE NATIONAL DRIVE, SUITE 650, ORLANDO FL 32822
Michael E Dee	officer: Chief Financial Officer	118 VINTAGE PARK BLVD, HOUSTON TX 77070