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PC (Premium Catering (Holdings)) Debt-to-Equity : -3.37 (As of Jun. 2024)


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What is Premium Catering (Holdings) Debt-to-Equity?

Premium Catering (Holdings)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $1.40 Mil. Premium Catering (Holdings)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $2.23 Mil. Premium Catering (Holdings)'s Total Stockholders Equity for the quarter that ended in Jun. 2024 was $-1.08 Mil. Premium Catering (Holdings)'s debt to equity for the quarter that ended in Jun. 2024 was -3.37.

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 Premium Catering (Holdings)'s Debt-to-Equity or its related term are showing as below:

PC' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.37   Med: 1.85   Max: 497.2
Current: -3.37

During the past 3 years, the highest Debt-to-Equity Ratio of Premium Catering (Holdings) was 497.20. The lowest was -3.37. And the median was 1.85.

PC's Debt-to-Equity is not ranked
in the Business Services industry.
Industry Median: 0.365 vs PC: -3.37

Premium Catering (Holdings) Debt-to-Equity Historical Data

The historical data trend for Premium Catering (Holdings)'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.

Premium Catering (Holdings) Debt-to-Equity Chart

Premium Catering (Holdings) Annual Data
Trend Jun22 Jun23 Jun24
Debt-to-Equity
1.85 497.20 -3.37

Premium Catering (Holdings) Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-Equity 1.85 N/A 497.20 -13.60 -3.37

Competitive Comparison of Premium Catering (Holdings)'s Debt-to-Equity

For the Specialty Business Services subindustry, Premium Catering (Holdings)'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.

Premium Catering (Holdings)'s Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Premium Catering (Holdings)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Premium Catering (Holdings)'s Debt-to-Equity falls into.


Premium Catering (Holdings) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Premium Catering (Holdings)'s Debt to Equity Ratio for the fiscal year 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
=(1.396 + 2.228) / -1.076
=-3.37

Premium Catering (Holdings)'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
=(1.396 + 2.228) / -1.076
=-3.37

* 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 Catering (Holdings)  (NAS:PC) 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.

Premium Catering (Holdings) Debt-to-Equity Related Terms

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

Premium Catering (Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Premium Catering (Holdings) Ltd (NAS:PC) » Definitions » Debt-to-Equity
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Traded in Other Exchanges
N/A
Address
6 Woodlands Walk, Singapore, SGP, 738398
Website
https://www.premium-catering.com.sg
Premium Catering (Holdings) Ltd is a company that conducts its operations through its subsidiary is mainly engaged in food catering for functions, events, and workers in Singapore. Are specialized in Indian, Bangladesh, and Chinese cuisine and all its food products are Halal food which is permissible for consumption by Muslims to consume. Are an ACRA registered company and licensed by SFA to operate and process food business. Serve highquality value-packed food, company deliver's a reliable and dependable service to meet customer's daily meal requirements. The Company recognizes revenue from sales of budgeted prepared meals.