PZRIF (Pizza Pizza Royalty) Debt-to-Equity: -1.32 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

PZRIF Pizza Pizza Royalty Corp PZRIF
60 GF Score
Price $9.20
GF Value $24.73
Valuation Possible Value Trap
! 5 Warning Signs
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What is Pizza Pizza Royalty Debt-to-Equity?

Pizza Pizza Royalty PZRIF +1.60% 60 Debt-to-Equity is -1.32 as of Mar. 2026. GuruFocus rates PZRIF with a GF Score™ of 60/100 and a GF Value™ of $24.73 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 319 Restaurants companies, Pizza Pizza Royalty ranks worse than 313479.31% on this metric.

Pizza Pizza Royalty's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $18.38 Mil. Pizza Pizza Royalty's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $63.70 Mil. Pizza Pizza Royalty's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $-62.42 Mil. Pizza Pizza Royalty's debt to equity for the quarter that ended in Mar. 2026 was -1.31.

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

PZRIF' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.32   Med: 0.16   Max: 0.17
Current: -1.32

During the past 13 years, the highest Debt-to-Equity Ratio of Pizza Pizza Royalty was 0.17. The lowest was -1.32. And the median was 0.16.

PZRIF's Debt-to-Equity is not ranked
in the Restaurants industry.
Industry Median: 0.9 vs PZRIF: -1.32

Pizza Pizza Royalty  (OTCPK:PZRIF) 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.


Pizza Pizza Royalty Debt-to-Equity Related Terms


Pizza Pizza Royalty Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Pizza Pizza Royalty'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.

Pizza Pizza Royalty Debt-to-Equity Chart

Pizza Pizza Royalty Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.16 0.16 0.16 0.16

Pizza Pizza Royalty Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.15 0.16 0.16 0.16 -1.32

PZRIF vs MCD, SBUX, YUM: Debt-to-Equity Comparison

For the Restaurants subindustry, Pizza Pizza Royalty'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.


Pizza Pizza Royalty Debt-to-Equity vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Pizza Pizza Royalty's Debt-to-Equity distribution charts can be found below:

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


PZRIF
60GF Score
Pizza Pizza Royalty Corp PZRIF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Pizza Pizza Royalty Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pizza Pizza Royalty's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Pizza Pizza Royalty's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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 -1.32 mean?
Pizza Pizza Royalty (PZRIF) has a Debt-to-Equity of -1.32 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Pizza Pizza Royalty and its competitors. According to the industry distribution chart, Pizza Pizza Royalty ranks #999999 out of 319 companies in the Restaurants industry.
Is Pizza Pizza Royalty's Debt-to-Equity too high?
Pizza Pizza Royalty's current Debt-to-Equity is -1.32. Based on the distribution chart, Pizza Pizza Royalty ranks #999999 out of 319 companies in the Restaurants industry, which is in the bottom quartile relative to peers. Overall, Pizza Pizza Royalty has a GF Score™ of 60/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pizza Pizza Royalty's Debt-to-Equity compare to MCD and SBUX?
According to the Restaurants industry distribution chart, Pizza Pizza Royalty ranks #999999 out of 319 companies for Debt-to-Equity. This places Pizza Pizza Royalty in the lower half of its industry. The industry median Debt-to-Equity is 0.90. 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 Restaurants company?
The median Debt-to-Equity among Restaurants companies is 0.90, based on 319 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 Pizza Pizza Royalty and its competitors. For the Restaurants industry, the median Debt-to-Equity is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pizza Pizza Royalty's current Debt-to-Equity is -1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pizza Pizza Royalty stock overvalued right now?
Based on GuruFocus' analysis, Pizza Pizza Royalty (PZRIF) is currently considered Possible Value Trap. The stock's GF Value™ is $24.73, compared to a current price of $9.20 — trading 62.8% below its estimated fair value. The current Debt-to-Equity is -1.32. Pizza Pizza Royalty's overall GF Score™ is 60/100 with 5 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 Pizza Pizza Royalty (PZRIF), the current Debt-to-Equity is -1.32 as of Mar. 2026. 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.

Is Pizza Pizza Royalty (PZRIF) Overvalued in 2026?

Based on GuruFocus' analysis, Pizza Pizza Royalty stock appears to be undervalued. The current stock price of $9.20 is trading 62.8% below its estimated GF Value™ of $24.73. GuruFocus considers Pizza Pizza Royalty to be Possible Value Trap.

Key valuation signals for PZRIF:

  • Debt-to-Equity: -1.32
  • GF Value™: $24.73 vs. price of $9.20 (62.8% below fair value)
  • GF Score™: 60/100 with 5 warning signs

No single metric tells the full story. See the PZRIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pizza Pizza Royalty Business Description

Other Exchanges 3IA:GermanyPZA:Canada
Address 500 Kipling Avenue, Toronto, ON, CAN, M8Z 5E5
Pizza Pizza Royalty Corp through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick-service restaurants under the Pizza Pizza and Pizza 73 brands. It receives the benefit of Pizza Pizza Royalty and Pizza 73 Royalty payable by PPL under the Pizza Pizza Licence and Royalty Agreement and the Pizza 73 Licence and Royalty Agreement, respectively, as well as royalty payments under the international agreement, indirectly through its interests in the partnership.
60GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.20
Price
$24.73
GF Value