Premium Brands Holdings (Premium Brands Holdings) Debt-to-Equity : 1.49 (As of Dec. 2023)

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What is Premium Brands Holdings Debt-to-Equity?

Premium Brands Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $42 Mil. Premium Brands Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,922 Mil. Premium Brands Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,317 Mil. Premium Brands Holdings's debt to equity for the quarter that ended in Dec. 2023 was 1.49.

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 Premium Brands Holdings's Debt-to-Equity or its related term are showing as below:

PRBZF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.83 Med: 1.27 Max: 1.91
Current: 1.49

During the past 13 years, the highest Debt-to-Equity Ratio of Premium Brands Holdings was 1.91. The lowest was 0.83. And the median was 1.27.

PRBZF's Debt-to-Equity is ranked worse than
87.74% of 1640 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs PRBZF: 1.49

Premium Brands Holdings Debt-to-Equity Historical Data

The historical data trend for Premium Brands Holdings'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.

Premium Brands Holdings Debt-to-Equity Chart

Premium Brands Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.25

0.83

1.09

1.41

1.49

Premium Brands Holdings Quarterly Data
	Mar19	Jun19	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															1.41	1.47	1.53	1.49	1.49

Competitive Comparison of Premium Brands Holdings's Debt-to-Equity

For the Packaged Foods subindustry, Premium Brands Holdings'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.

Premium Brands Holdings's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Premium Brands Holdings's Debt-to-Equity distribution charts can be found below:

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

Premium Brands Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Premium Brands Holdings'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
	=	(41.667	+	1921.81)	/	1316.711
	=	1.49

Premium Brands Holdings'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
	=	(41.667	+	1921.81)	/	1316.711
	=	1.49

Premium Brands Holdings (OTCPK:PRBZF) 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.

Premium Brands Holdings Debt-to-Equity Related Terms

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Premium Brands Holdings (Premium Brands Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Premium Brands Holdings Corp (OTCPK:PRBZF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PBH:Canada

Address

100 - 10991 Shellbridge Way, Richmond, BC, CAN, V6X 3C6

Website

https://www.premiumbrandsholdings.com

Premium Brands Holdings Corp is engaged in specialty food manufacturing, premium food distribution, and wholesale businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nevada, and Washington State. The company's business segments include Specialty Foods, Premium Food Distribution, and Corporate. The Specialty Foods segment consists of its specialty food manufacturing businesses, which contributes about two-thirds of the group revenue; the Premium Food Distribution segment consists of the company's distribution and wholesale businesses; the Corporate segment includes the company's head office activities along with its finance and information systems. Its geographical segments are the United States and Canada.