PTOCW (Pine Technology Acquisition) Debt-to-Equity: 0.00 (As of Sep. 2022)

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PTOCW Pine Technology Acquisition Corp PTOCW
22 GF Score
Price $0.00
! 2 Warning Signs
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What is Pine Technology Acquisition Debt-to-Equity?

Pine Technology Acquisition PTOCW 22 Debt-to-Equity is 0.00 as of Sep. 2022. GuruFocus rates PTOCW with a GF Score™ of 22/100. The stock has 2 warning signs investors should review.

Pine Technology Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.35 Mil. Pine Technology Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. Pine Technology Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $332.88 Mil. Pine Technology Acquisition's debt to equity for the quarter that ended in Sep. 2022 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 Pine Technology Acquisition's Debt-to-Equity or its related term are showing as below:

PTOCW's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.18
* Ranked among companies with meaningful Debt-to-Equity only.

Pine Technology Acquisition  (NAS:PTOCW) 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.

Pine Technology Acquisition Debt-to-Equity Related Terms

Pine Technology Acquisition Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Pine Technology Acquisition'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.

Pine Technology Acquisition Debt-to-Equity Chart

Pine Technology Acquisition Annual Data
Trend Dec20 Dec21
Debt-to-Equity
0.00 0.00

Pine Technology Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Debt-to-Equity Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

PTOCW vs TIOA, NAAC, RXRA: Debt-to-Equity Comparison

For the Shell Companies subindustry, Pine Technology Acquisition'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.

Pine Technology Acquisition Debt-to-Equity vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Pine Technology Acquisition's Debt-to-Equity distribution charts can be found below:

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


PTOCW
22GF Score
Pine Technology Acquisition Corp PTOCW
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Pine Technology Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pine Technology Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
=(0.35 + 0) / 309.776
=0.00

Pine Technology Acquisition's Debt to Equity Ratio for the quarter that ended in Sep. 2022 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
=(0.351 + 0) / 332.884
=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?
Pine Technology Acquisition (PTOCW) has a Debt-to-Equity of 0.00 as of Sep. 2022. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Pine Technology Acquisition and its competitors.
Is Pine Technology Acquisition's Debt-to-Equity too high?
Pine Technology Acquisition's current Debt-to-Equity is 0.00. Overall, Pine Technology Acquisition has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Pine Technology Acquisition's Debt-to-Equity compare to TIOA and NAAC?
Pine Technology Acquisition's Debt-to-Equity of 0.00 can be compared against companies in the Diversified Financial Services industry. The industry median Debt-to-Equity is 0.18. 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 Diversified Financial Services company?
The median Debt-to-Equity among Diversified Financial Services companies is 0.18, based on 171 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 Pine Technology Acquisition and its competitors. For the Diversified Financial Services industry, the median Debt-to-Equity is 0.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pine Technology Acquisition'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 Pine Technology Acquisition stock overvalued right now?
Pine Technology Acquisition (PTOCW) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. Pine Technology Acquisition's overall GF Score™ is 22/100 with 2 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 Pine Technology Acquisition (PTOCW), the current Debt-to-Equity is 0.00 as of Sep. 2022. 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.

Pine Technology Acquisition Business Description

Address 260 Lena Drive, Aurora, OH, USA, 44202
Pine Technology Acquisition Corp is a newly organized blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
22GF Score

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