P10 (PX) Debt-to-Equity : 0.80 (As of Dec. 2023)

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What is P10 Debt-to-Equity?

P10's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $88.9 Mil. P10's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $221.3 Mil. P10's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $385.6 Mil. P10's debt to equity for the quarter that ended in Dec. 2023 was 0.80.

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 P10's Debt-to-Equity or its related term are showing as below:

PX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.58 Med: 0.8 Max: 4.98
Current: 0.8

During the past 5 years, the highest Debt-to-Equity Ratio of P10 was 4.98. The lowest was 0.58. And the median was 0.80.

PX's Debt-to-Equity is ranked worse than
83.02% of 1019 companies
in the Asset Management industry
Industry Median: 0.19 vs PX: 0.80

P10 Debt-to-Equity Historical Data

The historical data trend for P10'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.

P10 Debt-to-Equity Chart

P10 Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

4.23

4.98

0.58

0.78

0.80

P10 Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial											0.78	0.78	0.74	0.73	0.80

Competitive Comparison of P10's Debt-to-Equity

For the Asset Management subindustry, P10'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.

P10's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, P10's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where P10's Debt-to-Equity falls into.

P10 Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

P10'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
	=	(88.852	+	221.27)	/	385.589
	=	0.80

P10'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
	=	(88.852	+	221.27)	/	385.589
	=	0.80

P10 (NYSE:PX) 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.

P10 Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of P10's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

P10 (PX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » P10 Inc (NYSE:PX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AC3:Germany

Address

4514 Cole Avenue, Suite 1600, Dallas, TX, USA, 75205

Website

https://www.p10alts.com

P10 Inc is a multi-asset class private market solutions provider in the alternative asset management industry. Its revenue is composed of recurring management and advisory fees, with the vast majority of fees earned on committed capital.

Executives

Michael Feinglass	10 percent owner	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Andrew Rowan Nelson	10 percent owner	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Alexander I. Abell	10 percent owner	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Edwin A. Poston	director, other: See Remarks	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
David M. Mccoy	10 percent owner	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Sarsfield Luke A. Iii	director, officer: Chief Executive Officer	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Jon I. Madorsky Revocable Trust Dated December 1, 2008	other: See Remarks	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Travis H. Barnes	director	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Stewart Robert B Jr	director	520 NEWPORT CENTER DR., 12TH FLOOR, NEWPORT BEACH CA 92660
C Clark Webb	10 percent owner	8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Covenant Rha Partners, L.p.	10 percent owner	8214 WESTCHESTER DRIVE, SUITE 650, DALLAS TX 75225
Mel Williams	10 percent owner	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Thomas P. Danis, Jr. Revocable Living Trust Dated March 10, 2003	10 percent owner	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Truebridge Colonial Fund, U/a Dated 11/15/2015	10 percent owner	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Souder Family Llc	10 percent owner	C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205