Palestine Securities Exchange (XPAE:PSE) Debt-to-Equity : 0.02 (As of Dec. 2023)

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What is Palestine Securities Exchange Debt-to-Equity?

Palestine Securities Exchange's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.02 Mil. Palestine Securities Exchange's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.28 Mil. Palestine Securities Exchange's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $12.66 Mil. Palestine Securities Exchange's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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 Palestine Securities Exchange's Debt-to-Equity or its related term are showing as below:

XPAE:PSE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.03
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Palestine Securities Exchange was 0.03. The lowest was 0.02. And the median was 0.03.

XPAE:PSE's Debt-to-Equity is not ranked
in the Capital Markets industry.
Industry Median: 0.38 vs XPAE:PSE: 0.02

Palestine Securities Exchange Debt-to-Equity Historical Data

The historical data trend for Palestine Securities Exchange'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.

Palestine Securities Exchange Debt-to-Equity Chart

Palestine Securities Exchange Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.03

0.02

Palestine Securities Exchange Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.03	0.03	0.03	0.03	0.02

Competitive Comparison of Palestine Securities Exchange's Debt-to-Equity

For the Financial Data & Stock Exchanges subindustry, Palestine Securities Exchange'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.

Palestine Securities Exchange's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Palestine Securities Exchange's Debt-to-Equity distribution charts can be found below:

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

Palestine Securities Exchange Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Palestine Securities Exchange's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(0.019	+	0.279)	/	12.66
	=	0.02

Palestine Securities Exchange's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0.019	+	0.279)	/	12.66
	=	0.02

Palestine Securities Exchange (XPAE:PSE) 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.

Palestine Securities Exchange Debt-to-Equity Related Terms

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

Palestine Securities Exchange (XPAE:PSE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Palestine Securities Exchange PLC (XPAE:PSE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rafedya Street, P.O.Box 128 Nablus, Seventh Floor, ASAL building, Nablus, PSE

Website

https://www.pex.ps

Palestine Securities Exchange PLC operates as a regulated stock exchange to facilitate and maximize the flow of long-term investment capital into the Palestinian economy. It provides a fair, transparent, and efficient market for securities trading. The company focuses on attracting a range of regional and global investors including those among the Palestinian Diaspora. The company arises its revenues from security trading and transfer commission, membership of brokerage firms, registration fees for listed companies, and collateral commissions, interest income, dividend income, rental income and other income.

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