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Performance Technologies (ATH:PERF) Debt-to-Equity : 0.11 (As of Dec. 2023)


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What is Performance Technologies Debt-to-Equity?

Performance Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.73 Mil. Performance Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.98 Mil. Performance Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €23.69 Mil. Performance Technologies's debt to equity for the quarter that ended in Dec. 2023 was 0.11.

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 Performance Technologies's Debt-to-Equity or its related term are showing as below:

ATH:PERF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11   Med: 0.57   Max: 1.4
Current: 0.11

During the past 7 years, the highest Debt-to-Equity Ratio of Performance Technologies was 1.40. The lowest was 0.11. And the median was 0.57.

ATH:PERF's Debt-to-Equity is ranked better than
63% of 2200 companies
in the Software industry
Industry Median: 0.2 vs ATH:PERF: 0.11

Performance Technologies Debt-to-Equity Historical Data

The historical data trend for Performance Technologies'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.

Performance Technologies Debt-to-Equity Chart

Performance Technologies Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 1.01 0.57 0.24 0.21 0.11

Performance Technologies Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only 0.24 N/A 0.21 0.11 0.11

Competitive Comparison of Performance Technologies's Debt-to-Equity

For the Information Technology Services subindustry, Performance Technologies'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.


Performance Technologies's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Performance Technologies's Debt-to-Equity distribution charts can be found below:

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



Performance Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Performance Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Performance Technologies's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


Performance Technologies  (ATH:PERF) 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.


Performance Technologies Debt-to-Equity Related Terms

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


Performance Technologies (ATH:PERF) Business Description

Traded in Other Exchanges
N/A
Address
4 Evrimedontos Street, Ceramics, Athens, GRC, 10435
Performance Technologies SA designs and delivers fast, flexible and dynamic IT architectures that align with the business needs and priorities. The company delivers IT solutions for Virtualization, Private and Public Cloud, Systems Infrastructure, Storage Systems, Backup Software, Security Solutions, Data Protection, Data Replication, Disaster Recovery, IT consolidation/transformation/re-platforming, IT Systems & Service Management, IT Automation, Enterprise Asset Management, Business Process Management, Mobile Device Management and Mobile Engagement.

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