PASTF (OPmobility) Debt-to-Equity : 1.11 (As of Jun. 2024)

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What is OPmobility Debt-to-Equity?

OPmobility's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $929 Mil. OPmobility's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $1,480 Mil. OPmobility's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $2,173 Mil. OPmobility's debt to equity for the quarter that ended in Jun. 2024 was 1.11.

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

PASTF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.81 Med: 0.93 Max: 1.24
Current: 1.11

During the past 13 years, the highest Debt-to-Equity Ratio of OPmobility was 1.24. The lowest was 0.81. And the median was 0.93.

PASTF's Debt-to-Equity is ranked worse than
77.86% of 1188 companies
in the Vehicles & Parts industry
Industry Median: 0.475 vs PASTF: 1.11

OPmobility Debt-to-Equity Historical Data

The historical data trend for OPmobility'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.

OPmobility Debt-to-Equity Chart

OPmobility Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.90

0.89

0.93

1.24

1.18

OPmobility Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.93	1.24	1.19	1.18	1.11

Competitive Comparison of OPmobility's Debt-to-Equity

For the Auto Parts subindustry, OPmobility'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.

OPmobility's Debt-to-Equity Distribution in the Vehicles & Parts Industry

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

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

OPmobility Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

OPmobility'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
	=	(1434.914	+	1063.112)	/	2121.593
	=	1.18

OPmobility's Debt to Equity Ratio for the quarter that ended in Jun. 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
	=	(929.407	+	1479.978)	/	2173.102
	=	1.11

OPmobility (OTCPK:PASTF) 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.

OPmobility Debt-to-Equity Related Terms

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OPmobility Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » OPmobility (OTCPK:PASTF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

OPMp:UK 0NW1:UK OPM:France EZM:Germany

Address

1, Allee Pierre-Burelle, Levallois-Perret, Paris, FRA, 92300

Website

https://www.opmobility.com

OPmobility is a company which comprises of five complementary business groups that enable it to offer its customers a wide range of solutions: intelligent exterior systems, complex modules, lighting systems, energy storage systems, and battery and hydrogen electrification solutions. OPmobility also offers its customers an activity dedicated to the development of software, OPn'Soft.