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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 Pender Growth Fund's Debt-to-Equity or its related term are showing as below:
During the past 13 years, the highest Debt-to-Equity Ratio of Pender Growth Fund was 0.09. The lowest was 0.03. And the median was 0.06.
PNDDF's Debt-to-Equity is not ranked *
in the Asset Management industry.
Industry Median: 0.21 * Ranked among companies with meaningful Debt-to-Equity only.
Pender Growth Fund (OTCPK:PNDDF) Debt-to-Equity Explanation
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.
Pender Growth Fund Debt-to-Equity Related Terms
Pender Growth Fund Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Pender Growth Fund'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.
For the Asset Management subindustry, Pender Growth Fund'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.
Pender Growth Fund Debt-to-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Pender Growth Fund's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Pender Growth Fund's Debt-to-Equity falls into.
* 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.
Pender Growth Fund (PNDDF) has a Debt-to-Equity of 0.00 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Pender Growth Fund and its competitors. Over the past decade, Pender Growth Fund's Debt-to-Equity has ranged from 0.03 to 0.09. According to the industry distribution chart, Pender Growth Fund ranks #999999 out of 960 companies in the Asset Management industry.
Is Pender Growth Fund's Debt-to-Equity too high?
Pender Growth Fund's current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.09. Based on the distribution chart, Pender Growth Fund ranks #999999 out of 960 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Pender Growth Fund has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Pender Growth Fund's Debt-to-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Pender Growth Fund ranks #999999 out of 960 companies for Debt-to-Equity. This places Pender Growth Fund in the lower half of its industry. The industry median Debt-to-Equity is 0.21. Historically, Pender Growth Fund's own Debt-to-Equity has ranged from 0.03 to 0.09 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 960 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Pender Growth Fund and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pender Growth Fund's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pender Growth Fund stock overvalued right now?
Pender Growth Fund (PNDDF) has a current Debt-to-Equity of 0.00. The stock's GF Value™ is $0.54, compared to a current price of $6.78 — trading 1156.4% above its estimated fair value. The current Debt-to-Equity is 0.00. Pender Growth Fund's overall GF Score™ is 43/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Pender Growth Fund (PNDDF), the current Debt-to-Equity is 0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Pender Growth Fund (PNDDF) Overvalued in 2026?
Based on GuruFocus' analysis, Pender Growth Fund stock appears to be overvalued.
The current stock price of $6.78 is trading 1156.4% above its estimated GF Value™ of $0.54.
Key valuation signals for PNDDF:
Debt-to-Equity: 0.00
GF Value™: $0.54 vs. price of $6.78 (1156.4% above fair value)
No single metric tells the full story. See the PNDDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pender Growth Fund Inc is an asset management firm. The investment objective of the company is to achieve long-term capital growth from investment in opportunities identified by the Manager. The company generates its revenue in the form of dividends and interest. Its solutions include: All Fund Solutions; Equity; Fixed Income; Multi-Asset; Liquid Alternative; and Venture Capital.
43GF Score
Get the complete analysis for PNDDF
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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