Pryme NV (OSL:PRYME) Debt-to-Equity : 0.33 (As of Mar. 2024)

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What is Pryme NV Debt-to-Equity?

Pryme NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr15.75 Mil. Pryme NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr115.64 Mil. Pryme NV's Total Stockholders Equity for the quarter that ended in Mar. 2024 was kr403.50 Mil. Pryme NV's debt to equity for the quarter that ended in Mar. 2024 was 0.33.

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

OSL:PRYME' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25 Med: 0.31 Max: 0.34
Current: 0.33

During the past 5 years, the highest Debt-to-Equity Ratio of Pryme NV was 0.34. The lowest was 0.25. And the median was 0.31.

OSL:PRYME's Debt-to-Equity is ranked better than
68.18% of 220 companies
in the Waste Management industry
Industry Median: 0.745 vs OSL:PRYME: 0.33

Pryme NV Debt-to-Equity Historical Data

The historical data trend for Pryme NV'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.

Pryme NV Debt-to-Equity Chart

Pryme NV Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.30

0.34

Pryme NV Quarterly Data
	Dec19	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial										0.33	0.25	0.25	0.34	0.33

Competitive Comparison of Pryme NV's Debt-to-Equity

For the Waste Management subindustry, Pryme NV'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.

Pryme NV's Debt-to-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Pryme NV's Debt-to-Equity distribution charts can be found below:

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

Pryme NV Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Pryme NV'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
	=	(17.636	+	138.477)	/	454.176
	=	0.34

Pryme NV's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(15.745	+	115.637)	/	403.502
	=	0.33

Pryme NV (OSL:PRYME) 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.

Pryme NV Debt-to-Equity Related Terms

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Pryme NV (OSL:PRYME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Pryme NV (OSL:PRYME) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

8XG:Germany

Address

Fascinatio Boulevard 220, Rotterdam, ZH, NLD, 3065

Website

https://www.pryme-cleantech.com

Pryme NV is a cleantech company that has developed a technology to convert non-recyclable plastic into chemicals and hydrocarbons. The company's goal is the development and application of innovative technology in the field of processing plastic waste into pyrolysis oil.

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