Pason Systems (TSX:PSI) Debt-to-Equity : 0.03 (As of Mar. 2025)

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What is Pason Systems Debt-to-Equity?

Pason Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was C$2.2 Mil. Pason Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was C$12.7 Mil. Pason Systems's Total Stockholders Equity for the quarter that ended in Mar. 2025 was C$508.4 Mil. Pason Systems's debt to equity for the quarter that ended in Mar. 2025 was 0.03.

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 Pason Systems's Debt-to-Equity or its related term are showing as below:

TSX:PSI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.04
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Pason Systems was 0.04. The lowest was 0.01. And the median was 0.02.

TSX:PSI's Debt-to-Equity is ranked better than
92.58% of 822 companies
in the Oil & Gas industry
Industry Median: 0.43 vs TSX:PSI: 0.03

Pason Systems Debt-to-Equity Historical Data

The historical data trend for Pason Systems'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.

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Pason Systems Debt-to-Equity Chart

Pason Systems Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.02

0.01

0.03

Pason Systems Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Debt-to-Equity	Get a 7-Day Free Trial															0.03	0.03	0.03	0.03	0.03

Competitive Comparison of Pason Systems's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Pason Systems'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.

Pason Systems's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pason Systems's Debt-to-Equity distribution charts can be found below:

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

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Pason Systems Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pason Systems's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 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
	=	(2.168	+	13.249)	/	504.413
	=	0.03

Pason Systems's Debt to Equity Ratio for the quarter that ended in Mar. 2025 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
	=	(2.163	+	12.691)	/	508.38
	=	0.03

Pason Systems (TSX:PSI) 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.

Pason Systems Debt-to-Equity Related Terms

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Pason Systems Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pason Systems Inc (TSX:PSI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PSYTF:USA 3PS:Germany

Address

6130 Third Street South East, Calgary, AB, CAN, T2H 1K4

Website

https://www.pason.com

Pason Systems Inc is a provider of instrumentation and data management systems for drilling rigs. The electronic drilling recorder is the company's product, and provides a complete system of drilling data acquisition, data networking, drilling management tools, and reports at both the wellsite and customer office. The company reports on three strategic business units: The North American (Canada and the United States) and International (Latin America, including Mexico, Offshore, the Eastern Hemisphere, and the Middle East) business units, all of which offer technology services to the oil and gas industry, and the Solar and Energy Storage business unit, which provides technology services to solar and energy storage developers.

Executives

Lars Olesen	Senior Officer
Ryan Van Beurden	Senior Officer
James Lee Bowzer	Director
Kevin Boston	Senior Officer
Russell Smith	Senior Officer
Bryce Mclean	Senior Officer
Jonathan Faber	Senior Officer
Natalie Fenez	Senior Officer
Marcel Kessler	Director
Celine Boston	Senior Officer
Kenneth Brandon Mullen	Director
James Douglas Hill	10% Security Holder, Director, Senior Officer
Timur Kuru	Senior Officer