Panamera Holdings (Panamera Holdings) Debt-to-Equity : -0.27 (As of Jan. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Panamera Holdings Debt-to-Equity?

Panamera Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.01 Mil. Panamera Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. Panamera Holdings's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $-0.05 Mil. Panamera Holdings's debt to equity for the quarter that ended in Jan. 2024 was -0.27.

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

PHCI' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.33 Med: -0.84 Max: 0.94
Current: -0.27

During the past 9 years, the highest Debt-to-Equity Ratio of Panamera Holdings was 0.94. The lowest was -2.33. And the median was -0.84.

PHCI's Debt-to-Equity is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 0.49 vs PHCI: -0.27

Panamera Holdings Debt-to-Equity Historical Data

The historical data trend for Panamera Holdings'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.

Panamera Holdings Debt-to-Equity Chart

Panamera Holdings Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Debt-to-Equity

Get a 7-Day Free Trial

-0.89

-0.88

-0.13

-0.71

0.94

Panamera Holdings Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															-0.71	-0.63	0.94	-2.33	-0.27

Competitive Comparison of Panamera Holdings's Debt-to-Equity

For the Medical Care Facilities subindustry, Panamera Holdings'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.

Panamera Holdings's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Panamera Holdings's Debt-to-Equity distribution charts can be found below:

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

Panamera Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Panamera Holdings's Debt to Equity Ratio for the fiscal year that ended in Jul. 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
	=	(0.047	+	0)	/	0.05
	=	0.94

Panamera Holdings's Debt to Equity Ratio for the quarter that ended in Jan. 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
	=	(0.014	+	0)	/	-0.052
	=	-0.27

Panamera Holdings (OTCPK:PHCI) 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.

Panamera Holdings Debt-to-Equity Related Terms

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

Panamera Holdings (Panamera Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Panamera Holdings Corp (OTCPK:PHCI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5051 Westheimer, Suite 1200, Houston, TX, USA, 77056

Website

https://www.panamerahealth.com

Panamera Holdings Corp, formerly Panamera Healthcare Corp is a development stage company helping clients navigate the complexities of a healthcare system in transition.

Executives

T Benjamin Jennings	director, 10 percent owner, officer: Chairman, CEO, President	2752 KINGS RETREAT CIRCLE, KINGWOOD TX 73025
Stanley F Wilson	director, officer: Secretary, General Counsel	6711 EAST CAMELBACK ROAD 17, SCOTTSDALE AZ 85251
Christopher Barakat	director	2752 KINGS RETREAT CIRCLE, KINGWOOD TX 77345
Ernest Joseph Diaz	director, 10 percent owner	2410 W. MEMORIAL RD, SUTIE C406, OKLAHOMA CITY OK 73134
Curtis Eugene Summers	director, 10 percent owner, officer: President	2410 W. MEMORIAL RD, SUITE C406, OKLAHOMA CITY OK 73134
Douglas Glenn Baker	director, officer: CFO, Secretary, Treasurer	2410 W. MEMORIAL RD, SUITE C406, OKLAHOMA CITY OK 73134

Panamera Holdings (Panamera Holdings) Headlines

From GuruFocus

Panamera Holdings Corporation Acquires Arsham Aluminum Alloys, LLC

By PRNewswire PRNewswire • 03-30-2022