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Pan Asia (ASX:PZC) Debt-to-Equity : -0.02 (As of Dec. 2017)


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What is Pan Asia Debt-to-Equity?

Pan Asia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was A$0.03 Mil. Pan Asia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was A$0.02 Mil. Pan Asia's Total Stockholders Equity for the quarter that ended in Dec. 2017 was A$-2.36 Mil. Pan Asia's debt to equity for the quarter that ended in Dec. 2017 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 Pan Asia's Debt-to-Equity or its related term are showing as below:

ASX:PZC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0
Current: 0.33

ASX:PZC's Debt-to-Equity is not ranked
in the Steel industry.
Industry Median: 0.43 vs ASX:PZC: 0.33

Pan Asia Debt-to-Equity Historical Data

The historical data trend for Pan Asia'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.

Pan Asia Debt-to-Equity Chart

Pan Asia Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.34 0.33 -1.60 -1.55

Pan Asia Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 Premium Member Only Premium Member Only Premium Member Only 0.33 0.01 -1.60 -0.02 -1.55

Competitive Comparison of Pan Asia's Debt-to-Equity

For the Coking Coal subindustry, Pan Asia'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.


Pan Asia's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Pan Asia's Debt-to-Equity distribution charts can be found below:

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



Pan Asia Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pan Asia's Debt to Equity Ratio for the fiscal year that ended in Jun. 2018 is calculated as

Pan Asia's Debt to Equity Ratio for the quarter that ended in Dec. 2017 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.


Pan Asia  (ASX:PZC) 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.


Pan Asia Debt-to-Equity Related Terms

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


Pan Asia (ASX:PZC) Business Description

Traded in Other Exchanges
N/A
Address
311-313 Hay Street, Subiaco, WA, AUS, 6008
Pan Asia Corp Ltd explores diversified energy resources mainly coal. The principal activities of the company are coal exploration and development in Indonesia. Its project includes PT Transcoal Minergy Project in South Kalimantan, Indonesia. Geographically the company operates in Australia and Indonesia.

Pan Asia (ASX:PZC) Headlines