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Pollard Banknote (TSX:PBL) Debt-to-Equity : 0.52 (As of Sep. 2024)


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What is Pollard Banknote Debt-to-Equity?

Pollard Banknote's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$5.2 Mil. Pollard Banknote's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$162.5 Mil. Pollard Banknote's Total Stockholders Equity for the quarter that ended in Sep. 2024 was C$324.4 Mil. Pollard Banknote's debt to equity for the quarter that ended in Sep. 2024 was 0.52.

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

TSX:PBL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.45   Med: 1.01   Max: 2.24
Current: 0.52

During the past 13 years, the highest Debt-to-Equity Ratio of Pollard Banknote was 2.24. The lowest was 0.45. And the median was 1.01.

TSX:PBL's Debt-to-Equity is ranked worse than
54.14% of 689 companies
in the Travel & Leisure industry
Industry Median: 0.44 vs TSX:PBL: 0.52

Pollard Banknote Debt-to-Equity Historical Data

The historical data trend for Pollard Banknote'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.

Pollard Banknote Debt-to-Equity Chart

Pollard Banknote Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 1.04 0.64 0.54 0.50

Pollard Banknote Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.51 0.50 0.45 0.45 0.52

Competitive Comparison of Pollard Banknote's Debt-to-Equity

For the Gambling subindustry, Pollard Banknote'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.


Pollard Banknote's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Pollard Banknote's Debt-to-Equity distribution charts can be found below:

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



Pollard Banknote Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pollard Banknote's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Pollard Banknote's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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.


Pollard Banknote  (TSX:PBL) 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.


Pollard Banknote Debt-to-Equity Related Terms

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


Pollard Banknote Business Description

Traded in Other Exchanges
Address
140 Otter Street, Winnipeg, MB, CAN, R3T 0M8
Pollard Banknote Ltd is principally engaged in the manufacturing, development, and sale of lottery and charitable gaming products throughout the world. Its operating segments are Lotteries, charitable gaming, Retail and eGaming systems. The company has one reportable segment, which comprises its four operating segments which includes Lotteries, Charitable gaming, eGaming systems and Retail. The company has its geographic presence in Canada, United States and International. It generates majority of the revenue from United States.
Executives
Riva Jean Richard Senior Officer
Robert Brock Young Senior Officer
Jennifer Doris Westbury Senior Officer
Pedro Melo Senior Officer
Paul Edmund Franzmann Senior Officer
Garry Arthur Leach Director

Pollard Banknote Headlines