Propel Funeral Partners (Propel Funeral Partners) Debt-to-Equity : 0.85 (As of Dec. 2023)

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What is Propel Funeral Partners Debt-to-Equity?

Propel Funeral Partners's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $19.2 Mil. Propel Funeral Partners's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $125.6 Mil. Propel Funeral Partners's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $170.8 Mil. Propel Funeral Partners's debt to equity for the quarter that ended in Dec. 2023 was 0.85.

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 Propel Funeral Partners's Debt-to-Equity or its related term are showing as below:

PFPLF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.39 Max: 0.85
Current: 0.85

During the past 6 years, the highest Debt-to-Equity Ratio of Propel Funeral Partners was 0.85. The lowest was 0.00. And the median was 0.39.

PFPLF's Debt-to-Equity is ranked worse than
55.06% of 89 companies
in the Personal Services industry
Industry Median: 0.73 vs PFPLF: 0.85

Propel Funeral Partners Debt-to-Equity Historical Data

The historical data trend for Propel Funeral Partners'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.

Propel Funeral Partners Debt-to-Equity Chart

Propel Funeral Partners Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.07

0.83

0.66

0.35

0.69

Propel Funeral Partners Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial								0.34	0.35	0.39	0.69	0.85

Competitive Comparison of Propel Funeral Partners's Debt-to-Equity

For the Personal Services subindustry, Propel Funeral Partners'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.

Propel Funeral Partners's Debt-to-Equity Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Propel Funeral Partners's Debt-to-Equity distribution charts can be found below:

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

Propel Funeral Partners Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Propel Funeral Partners's Debt to Equity Ratio for the fiscal year 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
	=	(15.655	+	100.802)	/	170.022
	=	0.68

Propel Funeral Partners's Debt to Equity Ratio for the quarter 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
	=	(19.236	+	125.58)	/	170.822
	=	0.85

Propel Funeral Partners (OTCPK:PFPLF) 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.

Propel Funeral Partners Debt-to-Equity Related Terms

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Propel Funeral Partners (Propel Funeral Partners) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Propel Funeral Partners Ltd (OTCPK:PFPLF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PFP:Australia

Address

135 King Street, Level 18.03, Sydney, NSW, AUS, 2000

Website

https://www.propelfuneralpartners.com.au

Propel Funeral Partners Ltd is an Australia-based company engaged in the provision of death care services. The company owns funeral homes, cremation facilities, cemeteries, and related infrastructure in Queensland, New South Wales, Victoria, Tasmania, South Australia, Western Australia, Australian Capital Territory, and New Zealand. It offers a range of services and products across death care such as tailored to personal, religious, or ethnic preferences. The Group is organized into two geographic segments, Australian operations, and New Zealand operations, both of which operate in the death care-related services industry. The Group generates the majority of its revenue from the Australia operations.

Propel Funeral Partners (Propel Funeral Partners) Headlines

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