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Prime Dividend (TSX:PDV.PR.A.PFD) Debt-to-Equity : 0.00 (As of Nov. 2024)


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What is Prime Dividend Debt-to-Equity?

Prime Dividend's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was C$0.00 Mil. Prime Dividend's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was C$0.00 Mil. Prime Dividend's Total Stockholders Equity for the quarter that ended in Nov. 2024 was C$5.85 Mil. Prime Dividend's debt to equity for the quarter that ended in Nov. 2024 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 Prime Dividend's Debt-to-Equity or its related term are showing as below:

TSX:PDV.PR.A.PFD's Debt-to-Equity is not ranked *
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Prime Dividend Debt-to-Equity Historical Data

The historical data trend for Prime Dividend'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.

Prime Dividend Debt-to-Equity Chart

Prime Dividend Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Debt-to-Equity
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Prime Dividend Semi-Annual Data
May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
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Competitive Comparison of Prime Dividend's Debt-to-Equity

For the Asset Management subindustry, Prime Dividend'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.


Prime Dividend's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Prime Dividend's Debt-to-Equity distribution charts can be found below:

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


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Prime Dividend Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Prime Dividend's Debt to Equity Ratio for the fiscal year that ended in Nov. 2024 is calculated as

Prime Dividend's Debt to Equity Ratio for the quarter that ended in Nov. 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.


Prime Dividend  (TSX:PDV.PR.A.PFD) 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.


Prime Dividend Debt-to-Equity Related Terms

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


Prime Dividend Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, P.O. Box 51, Toronto, ON, CAN, M5V 3K2
Prime Dividend Corp is a company that invests in an actively managed portfolio of common shares comprised of large-capitalization dividend-yielding Canadian companies. The funds objective is to provide unitholders with monthly cash distributions.

Prime Dividend Headlines

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