Pier 12 Capital (ASX:AVC) Debt-to-Equity : 0.05 (As of Dec. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Pier 12 Capital Debt-to-Equity?

Pier 12 Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.49 Mil. Pier 12 Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.87 Mil. Pier 12 Capital's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$28.55 Mil. Pier 12 Capital's debt to equity for the quarter that ended in Dec. 2024 was 0.05.

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 Pier 12 Capital's Debt-to-Equity or its related term are showing as below:

ASX:AVC' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.64 Med: 0.05 Max: 1.3
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Pier 12 Capital was 1.30. The lowest was -0.64. And the median was 0.05.

ASX:AVC's Debt-to-Equity is ranked better than
80.88% of 973 companies
in the Asset Management industry
Industry Median: 0.19 vs ASX:AVC: 0.05

Pier 12 Capital Debt-to-Equity Historical Data

The historical data trend for Pier 12 Capital'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.

Pier 12 Capital Debt-to-Equity Chart

Pier 12 Capital Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

Get a 7-Day Free Trial

0.01

0.07

0.06

Pier 12 Capital Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.07	0.07	0.11	0.06	0.05

Competitive Comparison of Pier 12 Capital's Debt-to-Equity

For the Asset Management subindustry, Pier 12 Capital'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.

Pier 12 Capital's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pier 12 Capital's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Pier 12 Capital's Debt-to-Equity falls into.

Save Embed

;

Save Embed

;

Pier 12 Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pier 12 Capital's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(0.464	+	1.115)	/	26.75
	=	0.06

Pier 12 Capital's Debt to Equity Ratio for the quarter 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
	=	(0.486	+	0.865)	/	28.549
	=	0.05

Pier 12 Capital (ASX:AVC) 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.

Pier 12 Capital Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Pier 12 Capital's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Pier 12 Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pier 12 Capital Ltd (ASX:AVC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Collins Street, Level 23, Melbourne, VIC, AUS, 3000

Website

https://www.auctusinvest.com

Pier 12 Capital Ltd is a asset management company. It is focusing on opportunities across private equity, infrastructure and private real estate. Its core investment thesis is investing in sectors with tailwinds and potential to scale.

Pier 12 Capital Headlines

No Headlines