Plains Acquisition (Plains Acquisition) Debt-to-Equity : 0.00 (As of . 20)

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What is Plains Acquisition Debt-to-Equity?

Plains Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil. Plains Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil. Plains Acquisition's Total Stockholders Equity for the quarter that ended in . 20 was $0.00 Mil.

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

PLQC's Debt-to-Equity is not ranked ^*
in the Banks industry.
Industry Median: 0.66
* Ranked among companies with meaningful Debt-to-Equity only.

Plains Acquisition Debt-to-Equity Historical Data

The historical data trend for Plains 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.

Plains Acquisition Debt-to-Equity Chart

Plains Acquisition Annual Data

Trend

Debt-to-Equity

Plains Acquisition Semi-Annual Data

Debt-to-Equity

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

For the Banks - Regional subindustry, Plains 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.

Plains Acquisition's Debt-to-Equity Distribution in the Banks Industry

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

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

Plains Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Plains Acquisition's Debt to Equity Ratio for the fiscal year that ended in . 20 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
	=	(	+	)	/	N/A
	=	N/A

Plains Acquisition's Debt to Equity Ratio for the quarter that ended in . 20 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
	=	(	+	)	/
	=	N/A

Plains Acquisition (OTCPK:PLQC) 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.

Plains Acquisition Debt-to-Equity Related Terms

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

Plains Acquisition (Plains Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Plains Acquisition Corp (OTCPK:PLQC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

19404 Kenswick Drive, Humble, TX, USA, 77338

Website

https://www.psbplains.com

Plains Acquisition Corp is a United States-based bank holding company. It offers a full range of banking services. It provides loans to small and medium-sized businesses and individuals in its market area. The Bank operates full-service branch locations in Humble, Houston, Plains, Sugar Land, and Conroe, Texas, and limited-service branches or loan production offices in Houston and San Antonio, Texas.

Plains Acquisition (Plains Acquisition) Headlines

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