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PGT Innovations (PGT Innovations) Debt-to-Equity : 1.13 (As of Dec. 2023)


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What is PGT Innovations Debt-to-Equity?

PGT Innovations's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $20 Mil. PGT Innovations's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $726 Mil. PGT Innovations's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $660 Mil. PGT Innovations's debt to equity for the quarter that ended in Dec. 2023 was 1.13.

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

PGTI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.92   Med: 1.21   Max: 2.62
Current: 1.13

During the past 13 years, the highest Debt-to-Equity Ratio of PGT Innovations was 2.62. The lowest was 0.92. And the median was 1.21.

PGTI's Debt-to-Equity is not ranked
in the Construction industry.
Industry Median: 0.435 vs PGTI: 1.13

PGT Innovations Debt-to-Equity Historical Data

The historical data trend for PGT Innovations'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.

PGT Innovations Debt-to-Equity Chart

PGT Innovations Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.94 1.37 1.20 1.13

PGT Innovations Quarterly Data
Mar19 Jun19 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 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 1.19 1.21 1.12 1.13

Competitive Comparison of PGT Innovations's Debt-to-Equity

For the Building Products & Equipment subindustry, PGT Innovations'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.


PGT Innovations's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, PGT Innovations's Debt-to-Equity distribution charts can be found below:

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



PGT Innovations Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PGT Innovations's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

PGT Innovations's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


PGT Innovations  (NYSE:PGTI) 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.


PGT Innovations Debt-to-Equity Related Terms

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


PGT Innovations (PGT Innovations) Business Description

Traded in Other Exchanges
Address
1070 Technology Drive, North Venice, FL, USA, 34275
PGT Innovations Inc is a leading manufacturer of impact-resistant aluminum and vinyl-framed windows and doors and offers a broad range of fully customizable window and door products. The company distributes products through multiple channels, including window distributors, building supply distributors, window replacement dealers, and enclosure contractors. The products are sold through authorized dealers and distributor networks in the states of the Caribbean, Florida, Canada, and in South and Central America but the majority of its revenue is generated from Florida.
Executives
Rodney Hershberger director PGT INNOVATIONS, INC., 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Christopher J Stephens director 123 MAIN STREET, BRISTOL CT 06010
Deborah L Lapinska officer: See Remarks PGT, INC., 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Craig Henderson officer: INTERIM CFO 1070 TECHNOLOGY DR., NORTH VENICE FL 34275
Richard D Feintuch director PGT INNOVATIONS, INC., 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Robert Andrew Keller officer: Sr. V.P. of Cust. Str & Innov. 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Frances Powell Hawes director AMERICAN ELECTRIC TECHNOLOGIES, INC., 6410 LONG DRIVE, HOUSTON TX 77087
William J Morgan director 123 MAIN STREET, BRISTOL CT 06011-0489
Sheree L Bargabos director 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275
Xavier Boza director ONE CAMPBELL PLACE, CAMDEN NJ 08103
Floyd F Sherman director BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Alexander R Castaldi director BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Brett N Milgrim director BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Ryan S. Quinn officer: Sr. V.P. and General Counsel 11115 RUSHMORE DR., CHARLOTTE NC 28277
Jeffrey T Jackson director, officer: PRESIDENT AND CEO PGT, INC., 1070 TECHNOLOGY DRIVE, NORTH VENICE FL 34275