Groupe Partouche (STU:PZ21) Debt-to-Equity

: 0.78 (As of Oct. 2023)

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Groupe Partouche's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was €39.3 Mil. Groupe Partouche's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was €230.0 Mil. Groupe Partouche's Total Stockholders Equity for the quarter that ended in Oct. 2023 was €346.5 Mil. Groupe Partouche's debt to equity for the quarter that ended in Oct. 2023 was 0.78.

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

STU:PZ21' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.44 Med: 0.69 Max: 0.97
Current: 0.78

During the past 13 years, the highest Debt-to-Equity Ratio of Groupe Partouche was 0.97. The lowest was 0.44. And the median was 0.69.

STU:PZ21's Debt-to-Equity is ranked worse than
62.68% of 686 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs STU:PZ21: 0.78

Groupe Partouche Debt-to-Equity Historical Data

The historical data trend for Groupe Partouche'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.

Groupe Partouche Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-Equity

0.44

0.71

0.97

0.83

0.78

Groupe Partouche Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-Equity																0.97	0.71	0.83	0.77	0.78

Competitive Comparison

For the Resorts & Casinos subindustry, Groupe Partouche'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.

Groupe Partouche Debt-to-Equity Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Groupe Partouche's Debt-to-Equity distribution charts can be found below:

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

Groupe Partouche Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Groupe Partouche's Debt to Equity Ratio for the fiscal year that ended in Oct. 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
	=	(39.294	+	229.995)	/	346.518
	=	0.78

Groupe Partouche's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(39.294	+	229.995)	/	346.518
	=	0.78

Groupe Partouche (STU:PZ21) 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.

Groupe Partouche Debt-to-Equity Related Terms

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Groupe Partouche (STU:PZ21) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Groupe Partouche (STU:PZ21) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PARP:France PZ21:Germany

Address

141 bis, Rue de Saussure, Paris, FRA, 75017

Website

https://www.groupepartouche.com

Groupe Partouche is a France-based company that owns and operates casinos and Hotels. It conducts its activities in France, Belgium, and Switzerland. The games that the company provides include Boule, Texas Hold'em poker, and electronic roulette and slot machines. The company's segments are divided into Casinos, Hotels, and Other Activities. The Casino division, comprises gaming, catering, and entertainment, the Hotel division, comprises accommodation and hospitality services. The majority of the revenue is generated from the Casinos segment. The group also operates in the rest of Europe and at the international level.

Groupe Partouche (STU:PZ21) Headlines

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