Purple Group (JSE:PPE) Debt-to-Equity : 0.01 (As of Feb. 2025)

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What is Purple Group Debt-to-Equity?

Purple Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2025 was R2.8 Mil. Purple Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2025 was R3.0 Mil. Purple Group's Total Stockholders Equity for the quarter that ended in Feb. 2025 was R644.0 Mil. Purple Group's debt to equity for the quarter that ended in Feb. 2025 was 0.01.

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 Purple Group's Debt-to-Equity or its related term are showing as below:

JSE:PPE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.05 Max: 0.32
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Purple Group was 0.32. The lowest was 0.00. And the median was 0.05.

JSE:PPE's Debt-to-Equity is ranked better than
99.55% of 224 companies
in the Diversified Financial Services industry
Industry Median: 0.16 vs JSE:PPE: 0.01

Purple Group Debt-to-Equity Historical Data

The historical data trend for Purple Group'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.

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Purple Group Debt-to-Equity Chart

Purple Group Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Debt-to-Equity

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0.28

0.13

0.04

0.01

0.02

Purple Group Semi-Annual Data
	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24	Feb25
Debt-to-Equity	Get a 7-Day Free Trial															0.03	0.01	-	0.02	0.01

Competitive Comparison of Purple Group's Debt-to-Equity

For the Financial Conglomerates subindustry, Purple Group'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.

Purple Group's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Purple Group's Debt-to-Equity distribution charts can be found below:

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

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Purple Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Purple Group's Debt to Equity Ratio for the fiscal year that ended in Aug. 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
	=	(10.409	+	4.208)	/	602.945
	=	0.02

Purple Group's Debt to Equity Ratio for the quarter that ended in Feb. 2025 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
	=	(2.758	+	3.006)	/	644.009
	=	0.01

Purple Group (JSE:PPE) 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.

Purple Group Debt-to-Equity Related Terms

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

Purple Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Purple Group Ltd (JSE:PPE) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

173 Oxford Road, WeWork - Coworking & Office Space 1F, Rosebank, Johannesburg, GT, ZAF, 2196

Website

https://www.purplegroup.co.za

Purple Group Ltd operates as a financial services company. The company engages in trading, investing, and asset management, and also offers various products and services related to investing and managing portfolios. Its product offerings include EasyEquites, a digital investment platform, EasyProperties, a digital platform to invest in real estate, EasyCrypto, a platform to invest in crypto assets, and others. The company's operating segments are; EasyTrader and EasyAssetManagement (EAM) representing its derivatives trading and asset management operations; Head Office and Investments representing fees and dividends earned on investments; and Easy Group. Maximum revenue is derived from its Easy Group segment which includes EasyEquities, EasyProperties, EasyCrypto, and RISE EasyRetire.

Purple Group Headlines

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