PSAV (PSAV) Debt-to-Equity: 9.95 (As of Mar. 2016)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is PSAV Debt-to-Equity?

PSAV PSAV Debt-to-Equity is 9.95 as of Mar. 2016.

PSAV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2016 was $7.22 Mil. PSAV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2016 was $855.57 Mil. PSAV's Total Stockholders Equity for the quarter that ended in Mar. 2016 was $86.74 Mil. PSAV's debt to equity for the quarter that ended in Mar. 2016 was 9.95.

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

PSAV's Debt-to-Equity is not ranked *
in the Media - Diversified industry.
Industry Median: 0.26
* Ranked among companies with meaningful Debt-to-Equity only.

PSAV  (NYSE:PSAV) 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.


PSAV Debt-to-Equity Related Terms


PSAV Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for PSAV'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.

PSAV Debt-to-Equity Chart

PSAV Annual Data
Trend Dec12 Dec13 Dec14 Dec15
Debt-to-Equity
N/A 9.10 2.58 11.19

PSAV Quarterly Data
Dec12 Dec13 Mar15 Jun15 Sep15 Dec15 Mar16
Debt-to-Equity Get a 7-Day Free Trial N/A 6.91 8.25 11.19 9.95

PSAV vs CRCO, ASKH, PTSX: Debt-to-Equity Comparison

For the Broadcasting subindustry, PSAV'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.


PSAV Debt-to-Equity vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, PSAV's Debt-to-Equity distribution charts can be found below:

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



PSAV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PSAV's Debt to Equity Ratio for the fiscal year that ended in Dec. 2015 is calculated as

PSAV's Debt to Equity Ratio for the quarter that ended in Mar. 2016 is calculated as

* 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 9.95 mean?
PSAV (PSAV) has a Debt-to-Equity of 9.95 as of Mar. 2016. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PSAV and its competitors.
Is PSAV's Debt-to-Equity too high?
PSAV's current Debt-to-Equity is 9.95. The Media - Diversified industry median Debt-to-Equity is 0.26. PSAV's value of 9.95 is 3726.9% above this industry median.
How does PSAV's Debt-to-Equity compare to CRCO and ASKH?
PSAV's Debt-to-Equity of 9.95 can be compared against companies in the Media - Diversified industry. The industry median Debt-to-Equity is 0.26. PSAV's value of 9.95 is 3726.9% above this benchmark. 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 Media - Diversified company?
The median Debt-to-Equity among Media - Diversified companies is 0.26, based on 835 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. PSAV's current Debt-to-Equity of 9.95 is 3726.9% above the industry median. 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 PSAV and its competitors. For the Media - Diversified industry, the median Debt-to-Equity is 0.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PSAV's current Debt-to-Equity is 9.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSAV stock overvalued right now?
PSAV (PSAV) has a current Debt-to-Equity of 9.95. The current Debt-to-Equity is 9.95 and 3726.9% above the Media - Diversified industry median of 0.26. 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 PSAV (PSAV), the current Debt-to-Equity is 9.95 as of Mar. 2016. 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.

PSAV Business Description

PSAV Inc was incorporated in Delaware on August 11, 2015. The Company along with its subsidiaries provides event technology services. The Company provides services including audiovisual services, equipment rental, staging and meeting services, communication systems, and related technical support to its customers in various venues, including hotels and convention centers. The Company's Video technology includes front and rear projection from large format HD high lumen projection to boardroom-style projectors, playback systems, image magnification, digital capture, cameras and display systems, including LED displays and video walls; Rigging Solutions include design and installation of permanently installed rig points in meeting venues, day-to-day deployment of rigging systems to safely transform meeting and event spaces for larger and more sophisticated set and lighting designs and certified trainers and inspectors; Wi-Fi Solutions include managing venues' entire network to provide customers secure and reliable wired and wireless solutions; Staging includes collections of custom screens and the ability to provide concert sound, broadcast quality projection, seasoned stage producers, and CAD drawing; Creative Services including Thematic creation, PowerPoint display, video creation, & stage sets; Mobile Device Applications tailored to the specific events that provide the schedule of events, maps, sponsors and detailed information on the host customer; Video Mapping / Simultaneous Translation; Virtual Meetings and Events; Event Consultation and Support, Power Distribution Solutions including streamlining of special event power distribution for event and production power across events, meeting rooms and trade shows; Audio including microphone and sound solutions with digital mixers, wireless microphones, networked audio and proprietary software to control live sound systems; and Lighting including speaker and stage lighting, intelligent lighting and decorative and theatrical lighting through gel lights and LED lights. The Company operates in two segments including Domestic and International. The Domestic segment provides services to customers throughout the United States and Puerto Rico; and is provider of event technology services at approximately over 1,000 hotel properties and other event venues. The International segment provides services to its customers in Canada, Mexico, the Caribbean, Europe and the Middle East, in addition to providing non-venue based services in Asia; and provides event technology services at approximately over 300 international hotel properties and other event venues. The Company's customers include corporations, event organizers, trade associations and meeting planners. The Company faces competition from Freeman Company.