PGG Wrightson (NZSE:PGW) Debt-to-Equity : 1.14 (As of Dec. 2023)

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What is PGG Wrightson Debt-to-Equity?

PGG Wrightson's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NZ$85.2 Mil. PGG Wrightson's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NZ$113.1 Mil. PGG Wrightson's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NZ$173.4 Mil. PGG Wrightson's debt to equity for the quarter that ended in Dec. 2023 was 1.14.

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

NZSE:PGW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.67 Max: 1.14
Current: 1.14

During the past 13 years, the highest Debt-to-Equity Ratio of PGG Wrightson was 1.14. The lowest was 0.01. And the median was 0.67.

NZSE:PGW's Debt-to-Equity is ranked worse than
77.21% of 926 companies
in the Business Services industry
Industry Median: 0.37 vs NZSE:PGW: 1.14

PGG Wrightson Debt-to-Equity Historical Data

The historical data trend for PGG Wrightson'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.

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PGG Wrightson Debt-to-Equity Chart

PGG Wrightson Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.01

1.00

0.66

0.78

0.94

PGG Wrightson Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.72	0.78	0.80	0.94	1.14

Competitive Comparison of PGG Wrightson's Debt-to-Equity

For the Specialty Business Services subindustry, PGG Wrightson'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.

PGG Wrightson's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, PGG Wrightson's Debt-to-Equity distribution charts can be found below:

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

PGG Wrightson Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PGG Wrightson'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
	=	(38.546	+	119.769)	/	169.261
	=	0.94

PGG Wrightson'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
	=	(85.189	+	113.089)	/	173.447
	=	1.14

PGG Wrightson (NZSE:PGW) 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.

PGG Wrightson Debt-to-Equity Related Terms

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

PGG Wrightson (NZSE:PGW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » PGG Wrightson Ltd (NZSE:PGW) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PGWFF:USA

Address

1 Robin Mann Place, Christchurch Airport, Christchurch, CT, NZL, 8053

Website

https://www.pggwrightson.co.nz

PGG Wrightson Ltd is an agriculture solutions provider predominantly in New Zealand. The company's reportable segments are, Agency, Retail & Water, and Other. The company generates maximum revenue from the Retail and Water segment which includes the rural supplies and fruitfed retail operations, PGG Wrightson Water, PGW Consulting, Agritrade, and ancillary sales support, supply chain, and marketing functions. The Agency segment includes rural Livestock trading activities, export livestock, wool, insurance, real estate, and finance commission. The company principally operates in New Zealand.

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