Prodways Group (XPAR:PWG) Debt-to-Equity : 0.48 (As of Dec. 2023)

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What is Prodways Group Debt-to-Equity?

Prodways Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €6.15 Mil. Prodways Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €19.74 Mil. Prodways Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €53.44 Mil. Prodways Group's debt to equity for the quarter that ended in Dec. 2023 was 0.48.

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

XPAR:PWG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.29 Max: 0.63
Current: 0.48

During the past 10 years, the highest Debt-to-Equity Ratio of Prodways Group was 0.63. The lowest was 0.01. And the median was 0.29.

XPAR:PWG's Debt-to-Equity is ranked worse than
65.94% of 2193 companies
in the Hardware industry
Industry Median: 0.29 vs XPAR:PWG: 0.48

Prodways Group Debt-to-Equity Historical Data

The historical data trend for Prodways Group'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.

Prodways Group Debt-to-Equity Chart

Prodways Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.22

0.38

0.36

0.48

Prodways Group Semi-Annual Data
	Dec14	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial													0.36	0.35	0.36	0.33	0.48

Competitive Comparison of Prodways Group's Debt-to-Equity

For the Computer Hardware subindustry, Prodways Group'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.

Prodways Group's Debt-to-Equity Distribution in the Hardware Industry

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

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

Prodways Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Prodways Group'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
	=	(6.15	+	19.736)	/	53.437
	=	0.48

Prodways Group'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
	=	(6.15	+	19.736)	/	53.437
	=	0.48

Prodways Group (XPAR:PWG) 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.

Prodways Group Debt-to-Equity Related Terms

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Prodways Group (XPAR:PWG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Prodways Group SA (XPAR:PWG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0RQB:UK 5PD:Germany

Address

30 rue de Gramont, Paris, FRA, 75002

Website

https://www.prodways-group.com

Prodways Group SA is a France-based company engaged in providing 3D printing solutions. The company offers printing machinery for jewelry, footwear, industrial design, architecture, engineering and construction, and automotive sectors. It operates through two business segments: Products and Systems. The system segment includes Prodways, Prodways Americas, Prodways Materials, Deltamed, Exceltec, Prodways Rapid Additive Forging, Groupe Avenao and Solidscape. The product segment includes Initial, Cristal, Podo 3d, Prodways Conseil, Interson Protac, Varia 3d and Dentosmile. It generates maximum revenue from the Systems segment.

Prodways Group (XPAR:PWG) Headlines

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