PEXA Group (ASX:PXA) Debt-to-Equity : 0.31 (As of Dec. 2023)

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What is PEXA Group Debt-to-Equity?

PEXA Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$2.6 Mil. PEXA Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$378.1 Mil. PEXA Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$1,237.2 Mil. PEXA Group's debt to equity for the quarter that ended in Dec. 2023 was 0.31.

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

ASX:PXA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 0.25 Max: 0.49
Current: 0.31

During the past 3 years, the highest Debt-to-Equity Ratio of PEXA Group was 0.49. The lowest was 0.24. And the median was 0.25.

ASX:PXA's Debt-to-Equity is ranked worse than
59.04% of 2219 companies
in the Software industry
Industry Median: 0.21 vs ASX:PXA: 0.31

PEXA Group Debt-to-Equity Historical Data

The historical data trend for PEXA 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.

PEXA Group Debt-to-Equity Chart

PEXA Group Annual Data

Trend

Jun21

Jun22

Jun23

Debt-to-Equity

0.49

0.24

0.25

PEXA Group Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial			0.25	0.24	0.24	0.25	0.31

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

For the Software - Application subindustry, PEXA 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.

PEXA Group's Debt-to-Equity Distribution in the Software Industry

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

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

PEXA Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PEXA Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(2.004	+	304.363)	/	1241.948
	=	0.25

PEXA 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
	=	(2.591	+	378.121)	/	1237.198
	=	0.31

PEXA Group (ASX:PXA) 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.

PEXA Group Debt-to-Equity Related Terms

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

PEXA Group (ASX:PXA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » PEXA Group Ltd (ASX:PXA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

727 Collins Street, Tower Four, Collins Square, Level 16, Docklands, Melbourne, VIC, AUS, 3008

Website

https://www.pexa.com.au

Pexa is an exchange business for the digital settlement and lodgment of property transactions. Pexa holds a virtual monopoly on digital settlement and lodgment in Australia, at around 99% market share, due to the business historically being supported by government mandates. Pexa is looking to expand overseas and has entered the United Kingdom market. Pexa is also looking to expand into adjacent products and services, principally in analytics.

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