Premier Foods (Premier Foods) Debt-to-Equity : 0.26 (As of Sep. 2023)

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What is Premier Foods Debt-to-Equity?

Premier Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $7 Mil. Premier Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $415 Mil. Premier Foods's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $1,639 Mil. Premier Foods's debt to equity for the quarter that ended in Sep. 2023 was 0.26.

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

PRRFY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 0.52 Max: 55.49
Current: 0.26

During the past 13 years, the highest Debt-to-Equity Ratio of Premier Foods was 55.49. The lowest was 0.23. And the median was 0.52.

PRRFY's Debt-to-Equity is ranked better than
62.5% of 1640 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs PRRFY: 0.26

Premier Foods Debt-to-Equity Historical Data

The historical data trend for Premier Foods'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.

Premier Foods Debt-to-Equity Chart

Premier Foods Annual Data

Trend

Dec12

Dec13

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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0.52

0.36

0.29

0.23

0.24

Premier Foods Semi-Annual Data
	Jun13	Dec13	Jun14	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.29	0.23	0.24	0.24	0.26

Competitive Comparison of Premier Foods's Debt-to-Equity

For the Packaged Foods subindustry, Premier Foods'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.

Premier Foods's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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

Premier Foods Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Premier Foods's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(3.762	+	407.282)	/	1706.311
	=	0.24

Premier Foods'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
	=	(6.807	+	414.975)	/	1639.48
	=	0.26

Premier Foods (OTCPK:PRRFY) 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.

Premier Foods Debt-to-Equity Related Terms

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

Premier Foods (Premier Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Premier Foods PLC (OTCPK:PRRFY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PFDl:UK PFD:UK FOJ1:Germany

Address

Premier House, Griffiths Way, Centrium Business Park, Saint Albans, Hertfordshire, GBR, AL1 2RE

Website

https://www.premierfoods.co.uk

Premier Foods PLC is a food manufacturing company. It manufactures, processes, and distributes food products. The company's operating segments include Grocery and Sweet Treats. Grocery segment primarily sells savoury ambient food products. The Sweet Treats segment sells sweet ambient food products. It generates maximum revenue from the Grocery segment. Geographically, it derives a majority of its revenue from the United Kingdom and also has a presence in Other Europe and Rest of world. Some of the company brands include Ambrosia, Angel Delight, Atora, Batchelors, Be-Ro, Bird's, Bisto, Cadbury, Coffee Compliment, Homepride, and others.

Premier Foods (Premier Foods) Headlines

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