Puradyn Filter Technologies (Puradyn Filter Technologies) Debt-to-Equity : -0.98 (As of Dec. 2019)

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What is Puradyn Filter Technologies Debt-to-Equity?

Puradyn Filter Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $1.41 Mil. Puradyn Filter Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was $9.04 Mil. Puradyn Filter Technologies's Total Stockholders Equity for the quarter that ended in Dec. 2019 was $-10.66 Mil. Puradyn Filter Technologies's debt to equity for the quarter that ended in Dec. 2019 was -0.98.

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

PFTI's Debt-to-Equity is not ranked ^*
in the Vehicles & Parts industry.
Industry Median: 0.47
* Ranked among companies with meaningful Debt-to-Equity only.

Puradyn Filter Technologies Debt-to-Equity Historical Data

The historical data trend for Puradyn Filter Technologies'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.

Puradyn Filter Technologies Debt-to-Equity Chart

Puradyn Filter Technologies Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Debt-to-Equity

Get a 7-Day Free Trial

-0.95

-0.93

-0.90

-0.92

-0.98

Puradyn Filter Technologies Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Debt-to-Equity	Get a 7-Day Free Trial															-0.92	-1.06	-1.04	-1.01	-0.98

Competitive Comparison of Puradyn Filter Technologies's Debt-to-Equity

For the Auto Parts subindustry, Puradyn Filter Technologies'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.

Puradyn Filter Technologies's Debt-to-Equity Distribution in the Vehicles & Parts Industry

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

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

Puradyn Filter Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Puradyn Filter Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 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
	=	(1.406	+	9.042)	/	-10.663
	=	-0.98

Puradyn Filter Technologies's Debt to Equity Ratio for the quarter that ended in Dec. 2019 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
	=	(1.406	+	9.042)	/	-10.663
	=	-0.98

Puradyn Filter Technologies (OTCPK:PFTI) 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.

Puradyn Filter Technologies Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Puradyn Filter Technologies's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Puradyn Filter Technologies (Puradyn Filter Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Puradyn Filter Technologies Inc (OTCPK:PFTI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2017 High Ridge Road, Boynton Beach, FL, USA, 33426

Website

https://www.puradyn.com

Puradyn Filter Technologies Inc involves in designing manufactures and distributes Puradyn oil filtration system. Its product is used for all combustion engines and hydraulic equipment that use lubricating oil. The filtration system primarily cleans oil by providing a second circuit of oil filtration and provides treatment to continually remove solid, liquid and gaseous contaminants from the oil through filtration and evaporation process. The filtration system is offered in two models namely MTS and a custom engineered hydraulic system. The company markets its product and generates revenue from across the globe.

Executives

Kevin G Kroger	director, officer: President, Chief Operating Off	4305 CHERRY HILL E. ORCHARD LAKE MI 48323
Edward Vittoria	director, 10 percent owner, officer: Chief Executive Officer	C/O 2017 HIGH RIDGE ROAD BOYNTON BEACH FL 33426
John S Caldwell	director	7902 SOUTH RUN VIEW, SPRINGFIELD VA 22153
Joseph V Vittoria	director, 10 percent owner, officer: Executive Chairman of Board	P O BOX 66100 WHQLD CHICAGO IL 60666
Alan J Sandler	officer: Vice President and CAO	21621 MAGDALENA TERRACE BOCA RATON FL 33433
Dominick A Telesco	director	150 VIA BELLARIA PALM BEACH FL 33480
Forrest Duane Hayes	other: Former director	56 WEXFORD ON THE GREEN HILTON HEAD ISLAND SC 29928
Charles W Walton	director	25800 SCIENCE PARK DRIVE, SUITE 140 BEACHWOOD OH 44122
Cindy Lea Gimler	officer: Chief Financial Officer	10779 CAMBAY CIRCLE BOYNTON BEACH FL 33437
Kathryn Ann Morris	other: Director of Corp Communic.	52 BAYTREE CIRCLE BOYNTON BEACH FL 33436
Doris W Clifton	officer: VP Sales and Marketing	7298 WILLIAMSON RD DALLAS TX 75214
Richard C Ford	director, 10 percent owner
Glenhill Advisors Llc	10 percent owner	600 FIFTH AVE, 11TH FL, NEW YORK NY 10020
Glenn J Krevlin	10 percent owner	600 FIFTH AVE, 11TH FL, NEW YORK NY 10020
Peter H Stephaich	director	525 WILLIAM PENN PL STE 3901 PITTSBURGH PA 15219

Puradyn Filter Technologies (Puradyn Filter Technologies) Headlines

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