Perpetual Industries (Perpetual Industries) Debt-to-Equity : 0.21 (As of Dec. 2022)

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What is Perpetual Industries Debt-to-Equity?

Perpetual Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $1.03 Mil. Perpetual Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $0.61 Mil. Perpetual Industries's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $7.97 Mil. Perpetual Industries's debt to equity for the quarter that ended in Dec. 2022 was 0.21.

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

PRPI' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.83 Med: 0.21 Max: 0.22
Current: 0.21

During the past 5 years, the highest Debt-to-Equity Ratio of Perpetual Industries was 0.22. The lowest was -0.83. And the median was 0.21.

PRPI's Debt-to-Equity is ranked better than
59.37% of 2626 companies
in the Industrial Products industry
Industry Median: 0.29 vs PRPI: 0.21

Perpetual Industries Debt-to-Equity Historical Data

The historical data trend for Perpetual Industries'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.

Perpetual Industries Debt-to-Equity Chart

Perpetual Industries Annual Data

Trend

Jul13

Jul14

Jul15

Dec21

Dec22

Debt-to-Equity

-0.83

0.22

0.21

Perpetual Industries Semi-Annual Data
	Jul13	Jul14	Jul15	Dec21	Dec22
Debt-to-Equity	-	-	-0.83	0.22	0.21

Competitive Comparison of Perpetual Industries's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, Perpetual Industries'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.

Perpetual Industries's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Perpetual Industries's Debt-to-Equity distribution charts can be found below:

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

Perpetual Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Perpetual Industries's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(1.027	+	0.613)	/	7.971
	=	0.21

Perpetual Industries's Debt to Equity Ratio for the quarter that ended in Dec. 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
	=	(1.027	+	0.613)	/	7.971
	=	0.21

Perpetual Industries (OTCPK:PRPI) 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.

Perpetual Industries Debt-to-Equity Related Terms

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

Perpetual Industries (Perpetual Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Perpetual Industries Inc (OTCPK:PRPI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2193 Rotunda Drive, Auburn, IN, USA, 46706

Website

https://www.perpetualindustries.com

Perpetual Industries Inc is engaged in the research, development, and commercialization of energy efficient products. The company's proprietary XYO Mechanical Balancing Technology is designed to harness rotor displacement energy and delivers solutions for inefficiencies that commonly affect rotating equipment, machinery, and devices. The firm is expanding expertise and knowledge of energy-efficient technology by developing low-cost, green energy solutions for various industries, including artificial intelligence, blockchain mining, graphic rendering, renewable energy, cloud computing and the internet of things, while continuing research, development, and commercialization of its proprietary XYO Balancing Technology in key applications.

Executives

Neil Maheshchandra Mulji	officer: Chief Operating Officer	5-8720 MACLEOD TRAIL SOUTH,, #110, CALGARY A0 T2H 0M4
Brent W. Bedford	director, 10 percent owner, officer: Chairman, President, CEO	5 - 8720 MACLEOD TRAIL SOUTH, #110, CALGARY A0 T2H 0M4
Roderick Charles Egan	director	C/O 5-8720 MACLEOD TRAIL SOUTH, #110, CALGARY A0 T2H 0M4
Douglas John Greig	other: GM of Operations	C/O 5-8720 MACLEOD TRAIL SOUTH, #110, CALGARY A0 T2H 0M4
Thomas Ristow	director	C/O 5-8720 MACLEOOD TRAIL SOUTH, #110, CALGARY A0 T2H 0M4