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PL Group (WAR:PLG) Debt-to-Equity : 1.40 (As of Mar. 2024)


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What is PL Group Debt-to-Equity?

PL Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was zł1.19 Mil. PL Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was zł0.00 Mil. PL Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was zł0.85 Mil. PL Group's debt to equity for the quarter that ended in Mar. 2024 was 1.40.

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

WAR:PLG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05   Med: 0.1   Max: 1.4
Current: 1.4

During the past 12 years, the highest Debt-to-Equity Ratio of PL Group was 1.40. The lowest was 0.05. And the median was 0.10.

WAR:PLG's Debt-to-Equity is ranked worse than
83.86% of 1171 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs WAR:PLG: 1.40

PL Group Debt-to-Equity Historical Data

The historical data trend for PL 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.

PL Group Debt-to-Equity Chart

PL Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.52 1.20

PL Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 1.20 0.10 0.11 0.12 1.40

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

For the Auto Parts subindustry, PL 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.


PL Group's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PL Group's Debt-to-Equity distribution charts can be found below:

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



PL Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PL Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

PL Group's Debt to Equity Ratio for the quarter that ended in Mar. 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.


PL Group  (WAR:PLG) 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.


PL Group Debt-to-Equity Related Terms

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


PL Group (WAR:PLG) Business Description

Traded in Other Exchanges
N/A
Address
Ulica Wodna 14, Lodz, POL, 90-024
PL Group SA retails a range of off-road parts and accessories. The company provides installation and service for its products. Its brands include PL CFM, CLS, PL Select and PL Detailing.

PL Group (WAR:PLG) Headlines

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