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Penrice Soda Holdings (ASX:PSH) Debt-to-Equity : -2.00 (As of Dec. 2013)


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What is Penrice Soda Holdings Debt-to-Equity?

Penrice Soda Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was A$40.2 Mil. Penrice Soda Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was A$77.2 Mil. Penrice Soda Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2013 was A$-58.7 Mil. Penrice Soda Holdings's debt to equity for the quarter that ended in Dec. 2013 was -2.00.

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 Penrice Soda Holdings's Debt-to-Equity or its related term are showing as below:

ASX:PSH's Debt-to-Equity is not ranked *
in the Chemicals industry.
Industry Median: 0.35
* Ranked among companies with meaningful Debt-to-Equity only.

Penrice Soda Holdings Debt-to-Equity Historical Data

The historical data trend for Penrice Soda Holdings'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.

Penrice Soda Holdings Debt-to-Equity Chart

Penrice Soda Holdings Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 1.42 0.78 1.19 56.12 -2.41

Penrice Soda Holdings Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
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 2.37 56.12 -3.91 -2.41 -2.00

Competitive Comparison of Penrice Soda Holdings's Debt-to-Equity

For the Chemicals subindustry, Penrice Soda Holdings'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.


Penrice Soda Holdings's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Penrice Soda Holdings's Debt-to-Equity distribution charts can be found below:

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



Penrice Soda Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Penrice Soda Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 2013 is calculated as

Penrice Soda Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2013 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.


Penrice Soda Holdings  (ASX:PSH) 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.


Penrice Soda Holdings Debt-to-Equity Related Terms

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Penrice Soda Holdings (ASX:PSH) Business Description

Traded in Other Exchanges
N/A
Address
Penrice Soda Holdings Limited (PSH) is a manufacturer of soda ash and sodium bicarbonate in Australia. Penrice operates the soda ash and sodium bicarbonate plant located at Osborne, close to Adelaide and also operates the marble and limestone mine in SA at Angaston in the Barossa Valley.

Penrice Soda Holdings (ASX:PSH) Headlines