Punktid Technologies AS (OTSE:PNKTD) Debt-to-Equity : 0.21 (As of Jun. 2023)

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What is Punktid Technologies AS Debt-to-Equity?

Punktid Technologies AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.10 Mil. Punktid Technologies AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.00 Mil. Punktid Technologies AS's Total Stockholders Equity for the quarter that ended in Jun. 2023 was €0.47 Mil. Punktid Technologies AS's debt to equity for the quarter that ended in Jun. 2023 was 0.21.

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

OTSE:PNKTD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.21
Current: 0.21

During the past 2 years, the highest Debt-to-Equity Ratio of Punktid Technologies AS was 0.21. The lowest was 0.01. And the median was 0.02.

OTSE:PNKTD's Debt-to-Equity is ranked better than
74.98% of 1007 companies
in the Retail - Cyclical industry
Industry Median: 0.61 vs OTSE:PNKTD: 0.21

Punktid Technologies AS Debt-to-Equity Historical Data

The historical data trend for Punktid Technologies AS'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.

Punktid Technologies AS Debt-to-Equity Chart

Punktid Technologies AS Annual Data

Trend

Dec21

Dec22

Debt-to-Equity

0.28

0.01

Punktid Technologies AS Semi-Annual Data
	Jun22	Dec22	Jun23
Debt-to-Equity	0.02	0.01	0.21

Competitive Comparison of Punktid Technologies AS's Debt-to-Equity

For the Internet Retail subindustry, Punktid Technologies AS'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.

Punktid Technologies AS's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Punktid Technologies AS's Debt-to-Equity distribution charts can be found below:

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

Punktid Technologies AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Punktid Technologies AS'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
	=	(0.003	+	0.003)	/	0.559
	=	0.01

Punktid Technologies AS'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
	=	(0.098	+	0.003)	/	0.472
	=	0.21

Punktid Technologies AS (OTSE:PNKTD) 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.

Punktid Technologies AS Debt-to-Equity Related Terms

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Punktid Technologies AS (OTSE:PNKTD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Punktid Technologies AS (OTSE:PNKTD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gamekeys OU, Tornimae 5, Tallinn, EST

Website

https://www.punktid.com

Punktid Technologies AS offers an online store selling game codes, gift cards, and software licenses.

Punktid Technologies AS (OTSE:PNKTD) Headlines

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