GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pyne Gould Corp Ltd (NZSE:PGC) » Definitions » Debt-to-Equity

Pyne Gould (NZSE:PGC) Debt-to-Equity : 1.18 (As of Dec. 2017)


View and export this data going back to 2004. Start your Free Trial

What is Pyne Gould Debt-to-Equity?

Pyne Gould's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was NZ$0.00 Mil. Pyne Gould's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was NZ$94.71 Mil. Pyne Gould's Total Stockholders Equity for the quarter that ended in Dec. 2017 was NZ$80.48 Mil. Pyne Gould's debt to equity for the quarter that ended in Dec. 2017 was 1.18.

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 Pyne Gould's Debt-to-Equity or its related term are showing as below:

NZSE:PGC's Debt-to-Equity is not ranked *
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Pyne Gould Debt-to-Equity Historical Data

The historical data trend for Pyne Gould'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.

Pyne Gould Debt-to-Equity Chart

Pyne Gould Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.95 0.78 1.38 1.32

Pyne Gould Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.78 0.73 1.38 1.18 1.32

Competitive Comparison of Pyne Gould's Debt-to-Equity

For the Asset Management subindustry, Pyne Gould'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.


Pyne Gould's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Pyne Gould's Debt-to-Equity distribution charts can be found below:

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



Pyne Gould Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pyne Gould's Debt to Equity Ratio for the fiscal year that ended in Jun. 2018 is calculated as

Pyne Gould's Debt to Equity Ratio for the quarter that ended in Dec. 2017 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.


Pyne Gould  (NZSE:PGC) 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.


Pyne Gould Debt-to-Equity Related Terms

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


Pyne Gould (NZSE:PGC) Business Description

Traded in Other Exchanges
N/A
Address
Pyne Gould Corp Ltd is a wealth management company. The company operates in various business segments that include Torchlight Segment; which provides investment management services and a proprietary investor, Property Group segment; which manages group's property assets, and Parent Company segment; which hold investments in subsidiaries. The Torchlight business segment generates maximum revenue for the company. Geographically the company exports its products to Australia and Cayman Islands regions. The Australian region generates maximum revenue for the company.