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PREC (Prestige Cars International) Debt-to-Asset : 0.89 (As of Sep. 2023)


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What is Prestige Cars International Debt-to-Asset?

Prestige Cars International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1.32 Mil. Prestige Cars International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Prestige Cars International's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was $1.48 Mil. Prestige Cars International's debt to asset for the quarter that ended in Sep. 2023 was 0.89.

Prestige Cars International Debt-to-Asset Historical Data

The historical data trend for Prestige Cars International's Debt-to-Asset 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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Prestige Cars International Debt-to-Asset Chart

Prestige Cars International Annual Data
Trend
Debt-to-Asset

Prestige Cars International Semi-Annual Data
Sep22 Sep23
Debt-to-Asset - 0.89

Competitive Comparison of Prestige Cars International's Debt-to-Asset

For the Auto & Truck Dealerships subindustry, Prestige Cars International's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Prestige Cars International's Debt-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Prestige Cars International's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Prestige Cars International's Debt-to-Asset falls into.


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Prestige Cars International Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Prestige Cars International's Debt-to-Asset for the fiscal year that ended in . 20 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=( + ) /
=N/A

Prestige Cars International's Debt-to-Asset for the quarter that ended in Sep. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(1.318 + 0) / 1.482
=0.89

* 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.

Prestige Cars International  (OTCPK:PREC) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Prestige Cars International Debt-to-Asset Related Terms

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Prestige Cars International Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Prestige Cars International Inc (OTCPK:PREC) » Definitions » Debt-to-Asset
Comparable Companies
NCNCF USLG MULN VEVMQ MCOM OMTK SVUHF CVNA KMX TPE:2207 PAG XBRU:DIE LAD AN GPI TSE:4732 VVV HKSE:00881 RUSHA ABG
Traded in Other Exchanges
N/A
Address
756 North West 27th Avenue, Fort Lauderdale, FL, USA, 33311
Website
https://www.prestigiouseurocars.com
Prestige Cars International Inc is engaged in restoring, buying, maintaining, selling and servicing High-End luxury European vehicles new and used and their parts world wide. The business of the company is conducted through its showroom and via the internet. The Company specializes in current and vintage Rolls Royce, Bentley, Mercedes Benz, BMW, Porsche, Jaguar, Ferrari, Aston Martin and Land Rovers. The Company services both the B2B and B2C automotive space.

Prestige Cars International Headlines

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