PPJE (PPJ Healthcare Enterprises) Debt-to-Equity: 0.00 (As of Dec. 2009)

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What is PPJ Healthcare Enterprises Debt-to-Equity?

PPJ Healthcare Enterprises PPJE -98.00% Debt-to-Equity is 0.00 as of Dec. 2009.

PPJ Healthcare Enterprises's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2009 was $0.00 Mil. PPJ Healthcare Enterprises's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2009 was $0.00 Mil. PPJ Healthcare Enterprises's Total Stockholders Equity for the quarter that ended in Dec. 2009 was $0.80 Mil. PPJ Healthcare Enterprises's debt to equity for the quarter that ended in Dec. 2009 was 0.00.

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 PPJ Healthcare Enterprises's Debt-to-Equity or its related term are showing as below:

PPJE's Debt-to-Equity is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 0.425
* Ranked among companies with meaningful Debt-to-Equity only.

PPJ Healthcare Enterprises  (OTCPK:PPJE) 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.

PPJ Healthcare Enterprises Debt-to-Equity Related Terms

PPJ Healthcare Enterprises Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for PPJ Healthcare Enterprises'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.

PPJ Healthcare Enterprises Debt-to-Equity Chart

PPJ Healthcare Enterprises Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Debt-to-Equity
Get a 7-Day Free Trial -0.30 -0.28 0.01 0.00 0.00

PPJ Healthcare Enterprises Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Debt-to-Equity Get a 7-Day Free Trial -0.30 -0.28 0.01 0.00 0.00

PPJE vs LOGQ, MDFI, NMXS: Debt-to-Equity Comparison

For the Health Information Services subindustry, PPJ Healthcare Enterprises'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.

PPJ Healthcare Enterprises Debt-to-Equity vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, PPJ Healthcare Enterprises's Debt-to-Equity distribution charts can be found below:

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


PPJ Healthcare Enterprises Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PPJ Healthcare Enterprises's Debt to Equity Ratio for the fiscal year that ended in Dec. 2009 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
=(0.002 + 0) / 0.801
=0.00

PPJ Healthcare Enterprises's Debt to Equity Ratio for the quarter that ended in Dec. 2009 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
=(0.002 + 0) / 0.801
=0.00

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.00 mean?
PPJ Healthcare Enterprises (PPJE) has a Debt-to-Equity of 0.00 as of Dec. 2009. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PPJ Healthcare Enterprises and its competitors.
Is PPJ Healthcare Enterprises' Debt-to-Equity too high?
PPJ Healthcare Enterprises' current Debt-to-Equity is 0.00.
How does PPJ Healthcare Enterprises' Debt-to-Equity compare to LOGQ and MDFI?
PPJ Healthcare Enterprises' Debt-to-Equity of 0.00 can be compared against companies in the Healthcare Providers & Services industry. The industry median Debt-to-Equity is 0.43. 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 a Healthcare Providers & Services company?
The median Debt-to-Equity among Healthcare Providers & Services companies is 0.43, based on 564 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 PPJ Healthcare Enterprises and its competitors. For the Healthcare Providers & Services industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PPJ Healthcare Enterprises'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 PPJ Healthcare Enterprises stock overvalued right now?
PPJ Healthcare Enterprises (PPJE) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. 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 PPJ Healthcare Enterprises (PPJE), the current Debt-to-Equity is 0.00 as of Dec. 2009. 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.

PPJ Healthcare Enterprises Business Description

Address 402 Jackson Street, Suite 2340, Tampa, FL, USA, 33602
PPJ Healthcare Enterprises Inc engages in joint venturing with doctors in setting up new practices, marketing, and management of pain management practices and blood culture labs. The company also engages in the development and testing of medical marijuana, medical cannabis products, and medical billing specialties in anesthesiology. The projects of the company include automated biller, medical billing service, pain management center, and Lab testing.