PDC (Perpetuals.com) Debt-to-Equity: 0.70 (As of Apr. 2025) — 71% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PDC Perpetuals.com Ltd PDC
32 GF Score
Price $3.01
! 5 Warning Signs
View Full Analysis

What is Perpetuals.com Debt-to-Equity?

Perpetuals.com PDC -2.43% 32 Debt-to-Equity is 0.70 as of Apr. 2025, which is 71% above its 10-year median of 0.41. GuruFocus rates PDC with a GF Score™ of 32/100. The stock has 5 warning signs investors should review. Among 2,246 Software companies, Perpetuals.com ranks better than 82.32% on this metric.

Perpetuals.com's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2025 was $0.11 Mil. Perpetuals.com's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2025 was $0.24 Mil. Perpetuals.com's Total Stockholders Equity for the quarter that ended in Apr. 2025 was $0.52 Mil. Perpetuals.com's debt to equity for the quarter that ended in Apr. 2025 was 0.66.

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 Perpetuals.com's Debt-to-Equity or its related term are showing as below:

PDC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12   Med: 0.41   Max: 0.94
Current: 0.04

During the past 5 years, the highest Debt-to-Equity Ratio of Perpetuals.com was 0.94. The lowest was 0.12. And the median was 0.41.

PDC's Debt-to-Equity is ranked better than
82.32% of 2246 companies
in the Software industry
Industry Median: 0.2 vs PDC: 0.04

Perpetuals.com  (NAS:PDC) 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.


Perpetuals.com Debt-to-Equity Related Terms


Perpetuals.com Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Perpetuals.com'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.

Perpetuals.com Debt-to-Equity Chart

Perpetuals.com Annual Data
Trend Apr21 Apr22 Apr23 Apr24 Apr25
Debt-to-Equity
0.23 0.12 0.94 0.54 0.70

Perpetuals.com Semi-Annual Data
Oct22 Apr23 Oct23 Apr24 Oct24 Apr25
Debt-to-Equity Get a 7-Day Free Trial 0.94 0.41 0.54 0.29 0.70

PDC vs ILLR, BMR, AVAI: Debt-to-Equity Comparison

For the Software - Application subindustry, Perpetuals.com'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.


Perpetuals.com Debt-to-Equity vs Software Industry

For the Software industry and Technology sector, Perpetuals.com's Debt-to-Equity distribution charts can be found below:

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


PDC
32GF Score
Perpetuals.com Ltd PDC
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Perpetuals.com Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Perpetuals.com's Debt to Equity Ratio for the fiscal year that ended in Apr. 2025 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
=(0.10690478355672 + 0.23807478724805) / 0.52051605125505
=0.66

Perpetuals.com's Debt to Equity Ratio for the quarter that ended in Apr. 2025 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
=(0.10690478355672 + 0.23807478724805) / 0.52051605125505
=0.66

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.70 mean?
Perpetuals.com (PDC) has a Debt-to-Equity of 0.70 as of Apr. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Perpetuals.com and its competitors. This is 71% above median its historical median of 0.41. Over the past decade, Perpetuals.com's Debt-to-Equity has ranged from 0.12 to 0.94. According to the industry distribution chart, Perpetuals.com ranks #397 out of 2246 companies in the Software industry, placing it in the top 17.7%.
Is Perpetuals.com's Debt-to-Equity too high?
Perpetuals.com's current Debt-to-Equity of 0.70 is 71% above median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.94. The Software industry median Debt-to-Equity is 0.20. Perpetuals.com's value of 0.70 is 250% above this industry median. Based on the distribution chart, Perpetuals.com ranks #397 out of 2246 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Perpetuals.com has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Perpetuals.com's Debt-to-Equity compare to ILLR and BMR?
According to the Software industry distribution chart, Perpetuals.com ranks #397 out of 2246 companies for Debt-to-Equity. This places Perpetuals.com in the top 18% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.20. Perpetuals.com's value of 0.70 is 250% above this benchmark. Historically, Perpetuals.com's own Debt-to-Equity has ranged from 0.12 to 0.94 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 0.20, Perpetuals.com has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Software company?
The median Debt-to-Equity among Software companies is 0.20, based on 2,246 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Perpetuals.com's current Debt-to-Equity of 0.70 is 250% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Perpetuals.com and its competitors. For the Software industry, the median Debt-to-Equity is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perpetuals.com's current Debt-to-Equity is 0.70, which is 71% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perpetuals.com stock overvalued right now?
Perpetuals.com (PDC) has a current Debt-to-Equity of 0.70. The current Debt-to-Equity is 0.70, which is 71% above median its 10-year median of 0.41 and 250% above the Software industry median of 0.20. Perpetuals.com's overall GF Score™ is 32/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Perpetuals.com (PDC), the current Debt-to-Equity is 0.70 as of Apr. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Perpetuals.com Business Description

Address 5-7-11, Ueno, MR Building, 3rd Floor, Taito-ku, Tokyo, JPN, 110-0005
Earlyworks Co Ltd is a blockchain-based technology company. It builds products, delivers services, and develops solutions based on a proprietary grid ledger system to leverage blockchain technology in various business settings, including advertisement tracking, online visitor management, and sales of non-fungible tokens. The company's customers represent a diverse range of industries, such as information technology, shipping, real estate, entertainment, cosmetics, and chemical products.
32GF Score

Get the complete analysis for PDC

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.01
Price