Pivotree (TSXV:PVT) Debt-to-Equity : 0.02 (As of Dec. 2023)

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What is Pivotree Debt-to-Equity?

Pivotree's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.74 Mil. Pivotree's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.21 Mil. Pivotree's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$57.49 Mil. Pivotree's debt to equity for the quarter that ended in Dec. 2023 was 0.02.

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

TSXV:PVT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.03 Max: 0.8
Current: 0.02

During the past 5 years, the highest Debt-to-Equity Ratio of Pivotree was 0.80. The lowest was 0.02. And the median was 0.03.

TSXV:PVT's Debt-to-Equity is ranked better than
92.13% of 2223 companies
in the Software industry
Industry Median: 0.21 vs TSXV:PVT: 0.02

Pivotree Debt-to-Equity Historical Data

The historical data trend for Pivotree'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.

Pivotree Debt-to-Equity Chart

Pivotree Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.80

0.04

0.03

0.02

Pivotree Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial													0.03	0.02	0.02	0.02	0.02

Competitive Comparison of Pivotree's Debt-to-Equity

For the Information Technology Services subindustry, Pivotree'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.

Pivotree's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Pivotree's Debt-to-Equity distribution charts can be found below:

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

Pivotree Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pivotree'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
	=	(0.737	+	0.213)	/	57.491
	=	0.02

Pivotree's Debt to Equity Ratio for the quarter 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
	=	(0.737	+	0.213)	/	57.491
	=	0.02

Pivotree (TSXV:PVT) 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.

Pivotree Debt-to-Equity Related Terms

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

Pivotree (TSXV:PVT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Pivotree Inc (TSXV:PVT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PVTRF:USA 8AV:Germany

Address

6300 Northam Drive, Mississauga, ON, CAN, L4V 1H7

Website

https://www.pivotree.com

Pivotree Inc Company designs, integrates, deploys, and manages digital platforms in Commerce, Data Management and Supply Chain for major retail and branded manufacturers throughout the world. Pivotree provides the technical skills necessary to enable the effective use of technologies combined with the business context to leverage a solution to solve clients' business challenges. Pivotree's portfolio of products, managed and professional services help provide B2B2C digital businesses with end-to-end service to manage complex digital commerce platforms. It operates in two segments: professional and managed services. Pivotree serves market-leading brands and forward-thinking B2C and B2B companies, including many Fortune 1000. The majority of its revenue comes from North America.

Pivotree (TSXV:PVT) Headlines

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