Pepper Money (ASX:PPM) Debt-to-Equity : 23.33 (As of Dec. 2023)

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What is Pepper Money Debt-to-Equity?

Pepper Money's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$19,257.0 Mil. Pepper Money's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.0 Mil. Pepper Money's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$825.4 Mil. Pepper Money's debt to equity for the quarter that ended in Dec. 2023 was 23.33.

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

ASX:PPM' s Debt-to-Equity Range Over the Past 10 Years
Min: 23.33 Med: 24.81 Max: 27.37
Current: 23.33

During the past 4 years, the highest Debt-to-Equity Ratio of Pepper Money was 27.37. The lowest was 23.33. And the median was 24.81.

ASX:PPM's Debt-to-Equity is ranked worse than
98.84% of 432 companies
in the Credit Services industry
Industry Median: 1.13 vs ASX:PPM: 23.33

Pepper Money Debt-to-Equity Historical Data

The historical data trend for Pepper Money'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.

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Pepper Money Debt-to-Equity Chart

Pepper Money Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

27.37

25.95

23.67

23.33

Pepper Money Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			25.95	25.18	23.67	22.25	23.33

Competitive Comparison of Pepper Money's Debt-to-Equity

For the Credit Services subindustry, Pepper Money'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.

Pepper Money's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Pepper Money's Debt-to-Equity distribution charts can be found below:

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

Pepper Money Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pepper Money'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
	=	(19257	+	0)	/	825.4
	=	23.33

Pepper Money'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
	=	(19257	+	0)	/	825.4
	=	23.33

Pepper Money (ASX:PPM) 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.

Pepper Money Debt-to-Equity Related Terms

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

Pepper Money (ASX:PPM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Pepper Money Ltd (ASX:PPM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

X95:Germany

Address

177 Pacific Highway, Level 27, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.pepper.com.au

Pepper Money Ltd provides a variety of home loan solutions. It also provides car loans, personal loans, loans for professional equipment, and commercial loans. The services offered by the company include Lending, Asset Servicing, Broker Portal, and Debt Investors. The company operates in three reportable segments Mortgage, Asset Finance, and Loan and Other Servicing. The maximum revenue is derived from the Asset finance segment. The Asset finance segment includes financing a range of asset types for consumer and commercial customers.

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