Proterra (Proterra) Debt-to-Equity : 0.72 (As of Sep. 2023)

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What is Proterra Debt-to-Equity?

Proterra's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $179.0 Mil. Proterra's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $19.5 Mil. Proterra's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $275.2 Mil. Proterra's debt to equity for the quarter that ended in Sep. 2023 was 0.72.

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

PTRAQ' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17 Med: 0.24 Max: 1.98
Current: 0.72

During the past 4 years, the highest Debt-to-Equity Ratio of Proterra was 1.98. The lowest was 0.17. And the median was 0.24.

PTRAQ's Debt-to-Equity is ranked worse than
71.28% of 188 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.405 vs PTRAQ: 0.72

Proterra Debt-to-Equity Historical Data

The historical data trend for Proterra'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.

Proterra Debt-to-Equity Chart

Proterra Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

N/A

1.98

0.19

0.29

Proterra Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial										0.24	0.29	0.74	0.76	0.72

Competitive Comparison of Proterra's Debt-to-Equity

For the Farm & Heavy Construction Machinery subindustry, Proterra'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.

Proterra's Debt-to-Equity Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Proterra's Debt-to-Equity distribution charts can be found below:

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

Proterra Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Proterra's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(129.568	+	18.155)	/	516.858
	=	0.29

Proterra's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(178.992	+	19.49)	/	275.209
	=	0.72

Proterra (OTCPK:PTRAQ) 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.

Proterra Debt-to-Equity Related Terms

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

Proterra (Proterra) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Proterra Inc (OTCPK:PTRAQ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1815 Rollins Road, Burlingame, CA, USA, 94010

Website

https://www.proterra.com

Proterra Inc is a developer and producer of zero-emission electric vehicle and EV technology solutions for commercial applications. The company designs, develops, manufactures, and sells electric transit buses as an original equipment manufacturer for North American public transit agencies, airports, universities, and other commercial transit fleets. It also designs, develops, manufactures, sells, and integrates proprietary battery systems and electrification solutions for commercial vehicle manufacturers. Additionally, Proterra provides fleet-scale, high-power charging solutions for its customers. Geographically, it derives a majority of its revenue from the United States.

Executives

Gareth T Joyce	director, officer: CEO and President	C/O PROTERRA INC, 1815 ROLLINS ROAD, BURLINGAME CA 94010
Jeffrey Donald Embt	officer: Chief Accounting Officer	7330 SANTORINI LANE, CHARLOTTE NC 28277
Christopher L Bailey	officer: President, Powered & Energy	C/O PROTERRA INC., 1815 ROLLINS ROAD, BURLINGAME CA 94010
Julian R Soell	officer: President, Proterra Transit	C/O PROTERRA INC, 1815 ROLLINS ROAD, BURLINGAME CA 94010
David S Black	officer: Chief Financial Officer	800 MAIN STREET, LYNCHBURG VA 24504
Joann Covington	officer: Chief Legal Officer, Secy	PROTERRA INC, 1815 ROLLINS ROAD, BURLINGAME CA 94010
Karina F Padilla	director	C/O PROTERRA INC, 1815 ROLLINS ROAD, BURLINGAME CA 94010
Jan Hauser	director	GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
Nielsen M Roger	director	C/O PROTERRA INC, 1815 ROLLINS ROAD, BURLINGAME CA 94010
Mary L Krakauer	director	176 SOUTH STREET, HOPKINTON MA 01748
Andrew J Cederoth	officer: Interim CFO	C/O PROTERRA INC, 1815 ROLLINS ROAD, BURLINGAME CA 94010
Joshua P Ensign	officer: Chief Operating Officer	C/O PROTERRA INC, 1815 ROLLINS ROAD, BURLINGAME CA 94010
Jeannine P Sargent	director	C/O VEECO INSTRUMENTS INC., 100 SUNNYSIDE BOULEVARD SUITE B, WOODBURY NY 11797
Michael David Smith	director	C/O PROTERRA INC, 1815 ROLLINS ROAD, BURLINGAME CA 94010
Joan Robinson-berry	director	VALMONT INDUSTRIES INC, 15000 VALMONT PLAZA, OMAHA NE 68175