Penumbra (STU:0P8) Debt-to-Equity : 0.19 (As of Mar. 2024)

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What is Penumbra Debt-to-Equity?

Penumbra's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €13 Mil. Penumbra's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €200 Mil. Penumbra's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €1,107 Mil. Penumbra's debt to equity for the quarter that ended in Mar. 2024 was 0.19.

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

STU:0P8' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.19 Max: 0.25
Current: 0.19

During the past 12 years, the highest Debt-to-Equity Ratio of Penumbra was 0.25. The lowest was 0.11. And the median was 0.19.

STU:0P8's Debt-to-Equity is ranked better than
52.85% of 702 companies
in the Medical Devices & Instruments industry
Industry Median: 0.22 vs STU:0P8: 0.19

Penumbra Debt-to-Equity Historical Data

The historical data trend for Penumbra'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.

Penumbra Debt-to-Equity Chart

Penumbra Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.17

0.12

0.18

0.24

0.20

Penumbra Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.23	0.22	0.21	0.20	0.19

Competitive Comparison of Penumbra's Debt-to-Equity

For the Medical Devices subindustry, Penumbra'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.

Penumbra's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Penumbra's Debt-to-Equity distribution charts can be found below:

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

Penumbra Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Penumbra's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(12.319	+	202.574)	/	1081.092
	=	0.20

Penumbra'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
	=	(12.696	+	200.224)	/	1107.249
	=	0.19

Penumbra (STU:0P8) 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.

Penumbra Debt-to-Equity Related Terms

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

Penumbra (STU:0P8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Penumbra Inc (STU:0P8) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PEN:USA PEN:Mexico

Address

One Penumbra Place, Alameda, CA, USA, 94502

Website

https://www.penumbrainc.com

Penumbra Inc develops and manufactures medical devices for the neurovascular and peripheral vascular markets. Its products are primarily sold to hospitals and are developed for use by specialist physicians. The neurovascular product category contributes to the majority of revenue. Within the neurovascular business, the firm offers products for neurovascular access, ischemic stroke, neurovascular embolization, and neurosurgical tool markets. In the peripheral vascular business, the firm sells devices related to peripheral embolization and peripheral thrombectomy. Penumbra generates the majority of its revenue in the United States.

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