Parkway (Parkway) Debt-to-Equity : 0.34 (As of Jun. 2017)

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What is Parkway Debt-to-Equity?

Parkway's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $375.5 Mil. Parkway's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $0.0 Mil. Parkway's Total Stockholders Equity for the quarter that ended in Jun. 2017 was $1,097.1 Mil. Parkway's debt to equity for the quarter that ended in Jun. 2017 was 0.34.

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

PKYW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34 Med: 0.68 Max: 0.74
Current: 0.34

During the past 2 years, the highest Debt-to-Equity Ratio of Parkway was 0.74. The lowest was 0.34. And the median was 0.68.

PKYW's Debt-to-Equity is not ranked
in the REITs industry.
Industry Median: 0.78 vs PKYW: 0.34

Parkway Debt-to-Equity Historical Data

The historical data trend for Parkway'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.

Parkway Debt-to-Equity Chart

Parkway Annual Data

Trend

Dec15

Dec16

Debt-to-Equity

N/A

0.70

Parkway Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Debt-to-Equity	Get a 7-Day Free Trial			0.74	-	0.70	0.65	0.34

Competitive Comparison of Parkway's Debt-to-Equity

For the REIT - Office subindustry, Parkway'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.

Parkway's Debt-to-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Parkway's Debt-to-Equity distribution charts can be found below:

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

Parkway Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Parkway's Debt to Equity Ratio for the fiscal year that ended in Dec. 2016 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
	=	(793.179	+	0)	/	1128.885
	=	0.70

Parkway's Debt to Equity Ratio for the quarter that ended in Jun. 2017 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
	=	(375.53	+	0)	/	1097.1
	=	0.34

Parkway (NYSE:PKYW) 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.

Parkway Debt-to-Equity Related Terms

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

Parkway (Parkway) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Parkway Inc (NYSE:PKYW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.pky.com

Parkway Inc is a self-managed office REIT, engaged in the ownership, acquisition, development and leasing of Class A office properties focused on Houston, Texas submarkets.

Parkway (Parkway) Headlines

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