Professional Diversity Network (Professional Diversity Network) Debt-to-Equity : 0.12 (As of Dec. 2023)

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What is Professional Diversity Network Debt-to-Equity?

Professional Diversity Network's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.08 Mil. Professional Diversity Network's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.28 Mil. Professional Diversity Network's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $3.05 Mil. Professional Diversity Network's debt to equity for the quarter that ended in Dec. 2023 was 0.12.

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 Professional Diversity Network's Debt-to-Equity or its related term are showing as below:

IPDN' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.45 Med: 0.08 Max: 0.19
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Professional Diversity Network was 0.19. The lowest was -0.45. And the median was 0.08.

IPDN's Debt-to-Equity is ranked better than
75.89% of 929 companies
in the Business Services industry
Industry Median: 0.38 vs IPDN: 0.12

Professional Diversity Network Debt-to-Equity Historical Data

The historical data trend for Professional Diversity Network'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.

Professional Diversity Network Debt-to-Equity Chart

Professional Diversity Network Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.04

0.15

0.19

0.18

0.12

Professional Diversity Network Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.18	0.18	0.11	0.16	0.12

Competitive Comparison of Professional Diversity Network's Debt-to-Equity

For the Staffing & Employment Services subindustry, Professional Diversity Network'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.

Professional Diversity Network's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Professional Diversity Network's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Professional Diversity Network's Debt-to-Equity falls into.

Professional Diversity Network Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Professional Diversity Network's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(0.083	+	0.283)	/	3.048
	=	0.12

Professional Diversity Network's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(0.083	+	0.283)	/	3.048
	=	0.12

Professional Diversity Network (NAS:IPDN) 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.

Professional Diversity Network Debt-to-Equity Related Terms

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

Professional Diversity Network (Professional Diversity Network) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Professional Diversity Network Inc (NAS:IPDN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 East Monroe Street, Suite 2120, Chicago, IL, USA, 60603

Website

http://www.ipdnusa.com

Professional Diversity Network Inc is engaged in providing access to networking, training, educational and employment services to its registered users. It has three operating segments: the Professional Diversity Network (PDN) segment, which includes online professional networking communities with career resources for diverse cultural groups and employers looking to hire members; and the National Association of Professional Women (NAPW) segment, which is a women-only professional networking organization, the RemoteMore segment. The company generates revenues from paid membership subscriptions and related services, recruitment services, product sales, education & training, and consumer advertising & consumer marketing solutions.

Executives

Yu-jin Chou	officer: Secretary	55 E MONROE STREET, SUITE2120, CHICAGO IL 60603
Hongjun Chen	10 percent owner	55 E MONROE STREET, STE 2250, CHICAGO IL 60603
Larry S Aichler	officer: Interim CFO	55 E MONROE ST, STE 2120, CHICAGO IL 60603
Christopher Renn	director	55 E MONROE ST, SUITE# 2120, CHICAGO IL 60603
Esquivel Russell J Jr.	officer: SVP	26844 N 73RD DR, PEORIA AZ 85383
Megan Elizabeth Bozzuto	officer: SVP	162 EAST ST, SHARON MA 02067
Grace Reyes	director	1191 SOLANO AVENUE #6315, ALBANY CA 94706
Charles Martin Obrien	officer: Interim CFO	1131 WARWICK CIRCLE N., HOFFMAN ESTATES IL 60169
Malven Group Ltd	10 percent owner	UNIT A, 21/F., CMA BUILDING, 64 CONNAUGHT ROAD CENTRAL, CENTRAL K3 00000
Shea Courtney C.	director	1555 N. ASTOR STREET, APARTMENT 9W, CHICAGO IL 60610
Maoji Wang	director	13-1-902, BAIWANGJIAYUAN EAST SECTOR, DONGBEIWANG, HAIDIAN DISTRICT, BEIJING F4 000000
Lida Fang	director	77 N 3RD RING MIDDLE RD, 24TH FLOOR, ROOM 1105, BEIJING F4 100080
Haibin Gong	director	408 NO. 18 BLDG XILI MAJIABAO YANGQIAO, FENGTAI DISTRICT BEIJING CITY F4 100039
Michael D Belsky	director	213 LEONARD WOOD NORTH, UNIT 101, HIGHLAND PARK IL 60035
James R Kirsch	director, 10 percent owner, officer: Chief Executive Officer	801 W. ADAMS STREET SUITE 600, CHICAGO IL 60607