PRST (Presto Automation) Debt-to-Equity: -1.08 (As of Mar. 2024)


What is Presto Automation Debt-to-Equity?

Presto Automation PRST -99.00% Debt-to-Equity is -1.08 as of Mar. 2024.

Presto Automation's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $62.53 Mil. Presto Automation's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Presto Automation's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-58.17 Mil. Presto Automation's debt to equity for the quarter that ended in Mar. 2024 was -1.08.

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

PRST's Debt-to-Equity is not ranked *
in the Software industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Presto Automation  (OTCPK:PRST) 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.

Presto Automation Debt-to-Equity Related Terms

Presto Automation Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Presto Automation'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.

Presto Automation Debt-to-Equity Chart

Presto Automation Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
-1.12 -1.42 -1.03 -1.23

Presto Automation Quarterly Data
Jun20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.71 -1.23 -1.59 -1.42 -1.08

PRST vs BOMO, CRM, INTU: Debt-to-Equity Comparison

For the Software - Application subindustry, Presto Automation'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.

Presto Automation Debt-to-Equity vs Software Industry

For the Software industry and Technology sector, Presto Automation's Debt-to-Equity distribution charts can be found below:

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


Presto Automation Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Presto Automation's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 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
=(52.67 + 3.136) / -45.227
=-1.23

Presto Automation's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
=(62.531 + 0) / -58.168
=-1.08

* 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 -1.08 mean?
Presto Automation (PRST) has a Debt-to-Equity of -1.08 as of Mar. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Presto Automation and its competitors.
Is Presto Automation's Debt-to-Equity too high?
Presto Automation's current Debt-to-Equity is -1.08.
How does Presto Automation's Debt-to-Equity compare to BOMO and CRM?
Presto Automation's Debt-to-Equity of -1.08 can be compared against companies in the Software industry. The industry median Debt-to-Equity is 0.19. 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 Software company?
The median Debt-to-Equity among Software companies is 0.19, based on 2,237 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 Presto Automation and its competitors. For the Software industry, the median Debt-to-Equity is 0.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Presto Automation's current Debt-to-Equity is -1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Presto Automation stock overvalued right now?
Presto Automation (PRST) has a current Debt-to-Equity of -1.08. The current Debt-to-Equity is -1.08. 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 Presto Automation (PRST), the current Debt-to-Equity is -1.08 as of Mar. 2024. 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.

Presto Automation Business Description

Address 985 Industrial Road, San Carlos, CA, USA, 94070
Presto Automation Inc overlays next-gen digital solutions onto the physical world. It provides an accurate, next-gen solution that uses artificial intelligence to automate speech recognition for restaurant drive-thru. The Company earns substantially all of its revenue in the United States.