GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pyrophyte Acquisition Corp (NYSE:PHYT) » Definitions » Debt-to-Equity

Pyrophyte Acquisition (Pyrophyte Acquisition) Debt-to-Equity : 0.01 (As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Pyrophyte Acquisition Debt-to-Equity?

Pyrophyte Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.66 Mil. Pyrophyte Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Pyrophyte Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $84.59 Mil. Pyrophyte Acquisition's debt to equity for the quarter that ended in Sep. 2023 was 0.01.

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

PHYT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.01
Current: 0.01

During the past 2 years, the highest Debt-to-Equity Ratio of Pyrophyte Acquisition was 0.01. The lowest was 0.00. And the median was 0.01.

PHYT's Debt-to-Equity is ranked better than
99.66% of 294 companies
in the Diversified Financial Services industry
Industry Median: 0.125 vs PHYT: 0.01

Pyrophyte Acquisition Debt-to-Equity Historical Data

The historical data trend for Pyrophyte Acquisition'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.

Pyrophyte Acquisition Debt-to-Equity Chart

Pyrophyte Acquisition Annual Data
Trend Dec21 Dec22
Debt-to-Equity
- -

Pyrophyte Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - 0.01

Competitive Comparison of Pyrophyte Acquisition's Debt-to-Equity

For the Shell Companies subindustry, Pyrophyte Acquisition'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.


Pyrophyte Acquisition's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Pyrophyte Acquisition's Debt-to-Equity distribution charts can be found below:

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



Pyrophyte Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pyrophyte Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Pyrophyte Acquisition's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

* 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.


Pyrophyte Acquisition  (NYSE:PHYT) 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.


Pyrophyte Acquisition Debt-to-Equity Related Terms

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


Pyrophyte Acquisition (Pyrophyte Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
3262 Westheimer Road, Suite 706, Houston, TX, USA, 77098
Pyrophyte Acquisition Corp is a blank check company.
Executives
Bernard J Duroc-danner director 4-6 RUE JEAN-FRANCOIS BARTHOLONI, GENEVA V8 1204
Sten L. Gustafson director, officer: Chief Executive Officer CITYCENTRE TWO, 818 TOWN & COUNTRY BLVD., SUITE 200, HOUSTON TX 77024
Adam Pierce director C/O OAKTREE CAPITAL MANAGEMENT LLC, 333 S GRAND AVENUE 28TH FLOOR, LOS ANGELES CA 90071
Pyrophyte Acquisition Llc director, 10 percent owner 3262 WESTHEIMER RD., SUITE 706, HOUSTON TX 77098
Hassin Bryan Guido director 3262 WESTHEIMER RD., SUITE 706, HOUSTON TX 77098
Pedersen Per Hornung director 3262 WESTHEIMER RD., SUITE 706, HOUSTON TX 77098
Thomas W Major officer: CFO & EVP of Business Devpt. 3262 WESTHEIMER RD., SUITE 706, HOUSTON TX 77098