Pinewood Technologies Group (LSE:PINE) Debt-to-Equity : 1.43 (As of Jun. 2023)

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What is Pinewood Technologies Group Debt-to-Equity?

Pinewood Technologies Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £160 Mil. Pinewood Technologies Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £281 Mil. Pinewood Technologies Group's Total Stockholders Equity for the quarter that ended in Jun. 2023 was £309 Mil. Pinewood Technologies Group's debt to equity for the quarter that ended in Jun. 2023 was 1.43.

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

LSE:PINE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26 Med: 0.64 Max: 3.65
Current: 1.43

During the past 13 years, the highest Debt-to-Equity Ratio of Pinewood Technologies Group was 3.65. The lowest was 0.26. And the median was 0.64.

LSE:PINE's Debt-to-Equity is ranked worse than
84.71% of 1177 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs LSE:PINE: 1.43

Pinewood Technologies Group Debt-to-Equity Historical Data

The historical data trend for Pinewood Technologies 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.

* Premium members only.

Pinewood Technologies Group Debt-to-Equity Chart

Pinewood Technologies Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.52

2.59

3.16

2.09

1.47

Pinewood Technologies Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-Equity	Get a 7-Day Free Trial															1.62	2.09	1.17	1.47	1.43

Competitive Comparison of Pinewood Technologies Group's Debt-to-Equity

For the Auto & Truck Dealerships subindustry, Pinewood Technologies 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.

Pinewood Technologies Group's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pinewood Technologies Group's Debt-to-Equity distribution charts can be found below:

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

Pinewood Technologies Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pinewood Technologies Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(124.2	+	288.9)	/	281
	=	1.47

Pinewood Technologies Group's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(159.8	+	281.4)	/	308.5
	=	1.43

Pinewood Technologies Group (LSE:PINE) 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.

Pinewood Technologies Group Debt-to-Equity Related Terms

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Pinewood Technologies Group (LSE:PINE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Pinewood Technologies Group PLC (LSE:PINE) » Definitions » Debt-to-Equity

Comparable Companies

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PDGNF:USA PDGl:UK

Address

2 Oakwood Court, Little Oak Drive, Loxley House, Annesley, Nottingham, GBR, NG15 0DR

Website

https://www.pendragonplc.com

Pendragon PLC sells leases and services used and new vehicles almost exclusively in the United Kingdom. Its operating segments include Car Store, which sells used vehicles; franchised motor, which sells and services vehicles in the U.K.; software, which licenses software to global automotive business users to make dealerships more efficient; and leasing, which provides fleet vehicles, contract hire for cars and vans, and US Motor. Its franchised motor segment generates the most revenue for the company.