Premier Investments (ASX:PMV) Debt-to-Equity : 0.26 (As of Jan. 2024)

View and export this data going back to 1987. Start your Free Trial

What is Premier Investments Debt-to-Equity?

Premier Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was A$139 Mil. Premier Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was A$334 Mil. Premier Investments's Total Stockholders Equity for the quarter that ended in Jan. 2024 was A$1,814 Mil. Premier Investments's debt to equity for the quarter that ended in Jan. 2024 was 0.26.

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

ASX:PMV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.13 Max: 0.35
Current: 0.26

During the past 13 years, the highest Debt-to-Equity Ratio of Premier Investments was 0.35. The lowest was 0.06. And the median was 0.13.

ASX:PMV's Debt-to-Equity is ranked better than
71.73% of 1001 companies
in the Retail - Cyclical industry
Industry Median: 0.64 vs ASX:PMV: 0.26

Premier Investments Debt-to-Equity Historical Data

The historical data trend for Premier Investments'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.

Premier Investments Debt-to-Equity Chart

Premier Investments Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Debt-to-Equity

Get a 7-Day Free Trial

0.12

0.33

0.25

0.18

0.29

Premier Investments Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															0.19	0.18	0.17	0.29	0.26

Competitive Comparison of Premier Investments's Debt-to-Equity

For the Apparel Retail subindustry, Premier Investments'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.

Premier Investments's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Premier Investments's Debt-to-Equity distribution charts can be found below:

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

Premier Investments Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Premier Investments's Debt to Equity Ratio for the fiscal year that ended in Jul. 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
	=	(153.045	+	346.287)	/	1741.336
	=	0.29

Premier Investments's Debt to Equity Ratio for the quarter that ended in Jan. 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
	=	(138.52	+	333.902)	/	1814.193
	=	0.26

Premier Investments (ASX:PMV) 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.

Premier Investments Debt-to-Equity Related Terms

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

Premier Investments (ASX:PMV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Premier Investments Ltd (ASX:PMV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

417 St Kilda Road, Level 7, Melbourne, VIC, AUS, 3004

Website

https://www.premierinvestments.com.au

Premier Investments is an Australian company that operates six speciality retail fashion chains in the speciality retail fashion markets in Australia and New Zealand. It also operates the unique Smiggle brand, retailing children's stationery in Australia and overseas markets. Premier Investments has a separate business division that focuses on investment in listed securities and money market deposits.

Premier Investments (ASX:PMV) Headlines

No Headlines