Pierre & Vacances (FRA:PV6) Debt-to-Equity : -7.04 (As of Mar. 2023)

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What is Pierre & Vacances Debt-to-Equity?

Pierre & Vacances's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was €260.9 Mil. Pierre & Vacances's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was €2,948.6 Mil. Pierre & Vacances's Total Stockholders Equity for the quarter that ended in Mar. 2023 was €-456.1 Mil. Pierre & Vacances's debt to equity for the quarter that ended in Mar. 2023 was -7.04.

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 Pierre & Vacances's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Pierre & Vacances was 2.39. The lowest was -11.67. And the median was 0.84.

FRA:PV6's Debt-to-Equity is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 0.46
* Ranked among companies with meaningful Debt-to-Equity only.

Pierre & Vacances Debt-to-Equity Historical Data

The historical data trend for Pierre & Vacances'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.

Pierre & Vacances Debt-to-Equity Chart

Pierre & Vacances Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Debt-to-Equity

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1.28

1.36

-6.09

-3.74

-8.99

Pierre & Vacances Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															-3.74	-3.43	-8.99	-7.04	N/A

Competitive Comparison of Pierre & Vacances's Debt-to-Equity

For the Lodging subindustry, Pierre & Vacances'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.

Pierre & Vacances's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Pierre & Vacances's Debt-to-Equity distribution charts can be found below:

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

Pierre & Vacances Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pierre & Vacances's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
	=	(212.198	+	2989.851)	/	-356.127
	=	-8.99

Pierre & Vacances's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(260.868	+	2948.56)	/	-456.088
	=	-7.04

Pierre & Vacances (FRA:PV6) 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.

Pierre & Vacances Debt-to-Equity Related Terms

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Pierre & Vacances (FRA:PV6) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Pierre & Vacances (FRA:PV6) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

VAC:France PV6:Germany

Address

L’Artois, Espace Pont de Flandre, 11, Rue de Cambrai, Paris Cedex 19, Paris, FRA, 75947

Website

http://www.groupepvcp.com

Pierre & Vacances is a France-based company engaged in providing holiday residences. The company's segment includes Center Parcs; Pierre and Vacances; Adagio; Major Projects and Senioriales and riales Holding company. It generates maximum revenue from the Center Parcs segment. The Center Parcs segment includes the operation of the Domaines marketed under the Center Parcs, Sunparks and Villages Nature brands, and the construction/renovation of tourism assets and real estate marketing activities in the Netherlands, Germany and Belgium.

Pierre & Vacances (FRA:PV6) Headlines

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