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Purifloh (Purifloh) Debt-to-Equity : -0.33 (As of Dec. 2022)


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What is Purifloh Debt-to-Equity?

Purifloh's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $0.00 Mil. Purifloh's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $0.56 Mil. Purifloh's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $-1.69 Mil. Purifloh's debt to equity for the quarter that ended in Dec. 2022 was -0.33.

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

WTRSY' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.88   Med: -0.32   Max: -0.14
Current: -0.32

During the past 13 years, the highest Debt-to-Equity Ratio of Purifloh was -0.14. The lowest was -0.88. And the median was -0.32.

WTRSY's Debt-to-Equity is not ranked
in the Industrial Products industry.
Industry Median: 0.28 vs WTRSY: -0.32

Purifloh Debt-to-Equity Historical Data

The historical data trend for Purifloh'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.

Purifloh Debt-to-Equity Chart

Purifloh Annual Data
Trend Dec13 Dec14 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.14 -0.31 -0.32

Purifloh Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.14 -0.33 -0.31 -0.33 -0.32

Competitive Comparison of Purifloh's Debt-to-Equity

For the Pollution & Treatment Controls subindustry, Purifloh'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.


Purifloh's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Purifloh's Debt-to-Equity distribution charts can be found below:

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



Purifloh Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Purifloh's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Purifloh's Debt to Equity Ratio for the quarter that ended in Dec. 2022 is calculated as

* 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.


Purifloh  (OTCPK:WTRSY) 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.


Purifloh Debt-to-Equity Related Terms

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


Purifloh (Purifloh) Business Description

Traded in Other Exchanges
N/A
Address
Level 3, 2-4 Ross Place, Melbourne, VIC, AUS, 3205
Purifloh Ltd is an Australian based company. The company is engaged in conducting research into various water treatment technologies and services dominantly associated with ozone production technology in the areas of waste water treatment and recreational water. The services of the company include Free Radical Generation, Air Purification, Surface sterilisation and Water Sanitation.

Purifloh (Purifloh) Headlines

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