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PSSS (Puissant Industries) Debt-to-Equity : 0.06 (As of Dec. 2013)


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What is Puissant Industries Debt-to-Equity?

Puissant Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was $0.00 Mil. Puissant Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was $0.04 Mil. Puissant Industries's Total Stockholders Equity for the quarter that ended in Dec. 2013 was $0.67 Mil. Puissant Industries's debt to equity for the quarter that ended in Dec. 2013 was 0.06.

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

PSSS's Debt-to-Equity is not ranked *
in the Capital Markets industry.
Industry Median: 0.285
* Ranked among companies with meaningful Debt-to-Equity only.

Puissant Industries Debt-to-Equity Historical Data

The historical data trend for Puissant Industries'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.

Puissant Industries Debt-to-Equity Chart

Puissant Industries Annual Data
Trend Dec10 Dec11 Dec12 Dec13
Debt-to-Equity
-0.11 0.18 0.07 0.06

Puissant Industries Semi-Annual Data
Dec10 Dec11 Dec12 Dec13
Debt-to-Equity -0.11 0.18 0.07 0.06

Competitive Comparison of Puissant Industries's Debt-to-Equity

For the Capital Markets subindustry, Puissant Industries'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.

Puissant Industries's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Puissant Industries's Debt-to-Equity distribution charts can be found below:

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


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Puissant Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Puissant Industries's Debt to Equity Ratio for the fiscal year that ended in Dec. 2013 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
=(0.004 + 0.037) / 0.673
=0.06

Puissant Industries's Debt to Equity Ratio for the quarter that ended in Dec. 2013 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
=(0.004 + 0.037) / 0.673
=0.06

* 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.

Puissant Industries  (OTCPK:PSSS) 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.

Puissant Industries Debt-to-Equity Related Terms

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

Puissant Industries Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Puissant Industries Inc (OTCPK:PSSS) » Definitions » Debt-to-Equity
Comparable Companies
MS GS SCHW SHSE:600030 ASX:MQG SHSE:601211 HOOD BSP:BPAC3 TW LPLA SHSE:601066 SHSE:601688 SHSE:600999 HKSE:06881 TSE:8604 IBKR HKSE:03908 SZSE:000166 SZSE:000776 ASX:CPU
Traded in Other Exchanges
N/A
Address
480 Lexington Road, Suite 12, Versailles, KY, USA, 40383
Website
http://www.psss.co
Puissant Industries Inc is engaged in the business of Cryptocurrency Mining.
Executives
Carbon River Holdings, Inc. 10 percent owner 520 WHITLEY STREET, LONDON KY 40743
Logos Resources, Inc. 10 percent owner 520 WHITLEY STREET, LONDON KY 40743
Marshall E. Holbrook director, officer: Vice President 520 WHITLEY STREET, LONDON KY 40743
Holbrook Cora J. director, officer: Secretary/Treasurer 520 WHITLEY STREET, LONDON KY 40743
Mccrome International Inc. 10 percent owner 520 WHITLEY STREET, LONDON KY 40743
Sovereign One, Inc. 10 percent owner 520 WHITLEY STREET, LONDON KY 40743
Mark E. Holbrook director, officer: President 520 WHITLEY STREET, LONDON KY 40743

Puissant Industries Headlines

From GuruFocus

Joint Venture Between Puissant Industries, Inc. and EnerMining Corp.

By ACCESSWIRE ACCESSWIRE • 01-14-2022