Petards Group (LSE:PEG) Debt-to-Equity : 0.10 (As of Dec. 2023)

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What is Petards Group Debt-to-Equity?

Petards Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.22 Mil. Petards Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.51 Mil. Petards Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £7.20 Mil. Petards Group's debt to equity for the quarter that ended in Dec. 2023 was 0.10.

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

LSE:PEG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.15 Max: 0.64
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of Petards Group was 0.64. The lowest was 0.01. And the median was 0.15.

LSE:PEG's Debt-to-Equity is ranked better than
96.08% of 918 companies
in the Business Services industry
Industry Median: 0.37 vs LSE:PEG: 0.10

Petards Group Debt-to-Equity Historical Data

The historical data trend for Petards 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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Petards Group Debt-to-Equity Chart

Petards Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.18

0.15

0.10

0.04

0.10

Petards Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.10	0.06	0.04	0.02	0.10

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

For the Security & Protection Services subindustry, Petards 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.

Petards Group's Debt-to-Equity Distribution in the Business Services Industry

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

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

Petards Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Petards Group'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
	=	(0.221	+	0.511)	/	7.197
	=	0.10

Petards Group'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
	=	(0.221	+	0.511)	/	7.197
	=	0.10

Petards Group (LSE:PEG) 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.

Petards Group Debt-to-Equity Related Terms

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Petards Group (LSE:PEG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Petards Group PLC (LSE:PEG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PEG.GB:UK

Address

32 London Road, Parallel House, Guildford, Surrey, GBR, GU1 2AB

Website

https://www.petards.com

Petards Group PLC is a security and surveillance systems supplier. The company's operating segment is the Development, Supply, and Maintenance of Technologies used in the security, surveillance, and ruggedized electronic applications segment in the Rail, Traffic, and Defence segment. The company serves the transport, defense, and emergency services market offering software-driven onboard digital video and sensor systems, electronic defensive countermeasure systems, threat simulation systems, and mobile radios. The geographical segments of the company are the United Kingdom, Continental Europe, and the Rest of the World, of which maximum revenue is generated from the United Kingdom.