PRGX Global (PRGX Global) Debt-to-Equity : 0.73 (As of Sep. 2020)

View and export this data going back to 1996. Start your Free Trial

What is PRGX Global Debt-to-Equity?

PRGX Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $4.1 Mil. PRGX Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $37.2 Mil. PRGX Global's Total Stockholders Equity for the quarter that ended in Sep. 2020 was $56.3 Mil. PRGX Global's debt to equity for the quarter that ended in Sep. 2020 was 0.73.

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

PRGX's Debt-to-Equity is not ranked ^*
in the Business Services industry.
Industry Median: 0.4
* Ranked among companies with meaningful Debt-to-Equity only.

PRGX Global Debt-to-Equity Historical Data

The historical data trend for PRGX Global'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.

PRGX Global Debt-to-Equity Chart

PRGX Global Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Debt-to-Equity

Get a 7-Day Free Trial

0.07

0.23

0.33

0.90

PRGX Global Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Debt-to-Equity	Get a 7-Day Free Trial															0.83	0.90	1.14	0.95	0.73

Competitive Comparison of PRGX Global's Debt-to-Equity

For the Specialty Business Services subindustry, PRGX Global'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.

PRGX Global's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, PRGX Global's Debt-to-Equity distribution charts can be found below:

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

PRGX Global Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PRGX Global's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 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
	=	(3.734	+	44.038)	/	53.05
	=	0.90

PRGX Global's Debt to Equity Ratio for the quarter that ended in Sep. 2020 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
	=	(4.117	+	37.155)	/	56.307
	=	0.73

PRGX Global (NAS:PRGX) 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.

PRGX Global Debt-to-Equity Related Terms

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

PRGX Global (PRGX Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » PRGX Global Inc (NAS:PRGX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

600 Galleria Parkway, Suite 100, Atlanta, GA, USA, 30339-5986

Website

https://www.prgx.com

PRGX Global Inc is engaged in providing recovery audit and spends analytics service. Its services include recovery audit, spend analytics and supplier information management services. The company conducts its operations through three reportable segments: Recovery Audit Services - Americas, Recovery Audit Services - Europe/Asia-Pacific and Adjacent Services. The Recovery Audit Services - Americas segment are the largest segment in terms of clients served and revenue generated. The Recovery Audit Services - Europe/Asia-Pacific segment represents recovery audit services provided in Europe, Asia, and the Pacific region. Adjacent Services offerings are generally provided to clients on a global basis. The vast majority of the firm's revenue comes from recovery audit.

Executives

Matthew A Drapkin	director	10 CORBIN DRIVE, 3RD FLOOR, DARIEN CT 06820
Mylle H Mangum	director	3231 S E SIXTH AVENUE, TOPEKA KS 66607
Kevin Costello	director	C/O ARIBA INC, 807 11TH AVENUE, SUNNYVALE CA 94089
Joseph E Whitters	director
William F Kimble	director	6900 E. LAYTON AVE., SUITE 900, DENVER CO 80237
Simone C Walsh	officer: Controller	600 GALLERIA PARKWAY, SUITE 100, ATLANTA GA 30339
Kurt Abkemeier	officer: Chief Financial Officer	C/O PROGRESS SOFTWARE CORPORATION, 14 OAK PARK DRIVE, BEDFORD MA 01730
Victor A Allums	officer: SVP & General Counsel	600 GALLERIA PKWY SE SUITE 100 ATLANTA GA 30339
Ronald E. Stewart	director, officer: President & CEO	5360 LONG ISLAND DRIVE ATLANTA GA 30327
Gregory J Owens	director, officer: Executive Chairman	2755 CAMPUS DR 3RD FL SAN MATEO CA 94403-2538
Michael Cochrane	officer: SVP, COO - Global Audit Oper.	600 GALLERIA PARKWAY SUITE 100 ATLANTA GA 30342
Headlands Strategic Opportunities Fund, Lp (the Partnership)	10 percent owner	ONE EMBARCADERO CENTER SUITE 1600 SAN FRANCISCO CA 94111
Headlands Capital Management, Llc	other: General Partner of 10% Owner	ONE FERRY BUILDING SUITE 255 SAN FRANCISCO CA 94111
Cost David W Jr	other: Member of investment committee	ONE FERRY BUILDING SUITE 255 SAN FRANCISCO CA 94111
Park David E Iii	other: Member of investment committee	ONE FERRY BUILDING SUITE 255 SAN FRANCISCO CA 94111