Prashkovsky Investments and Construction (XTAE:PRSK) Debt-to-Equity : 1.29 (As of Dec. 2023)

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What is Prashkovsky Investments and Construction Debt-to-Equity?

Prashkovsky Investments and Construction's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪1,862.6 Mil. Prashkovsky Investments and Construction's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪466.3 Mil. Prashkovsky Investments and Construction's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₪1,799.1 Mil. Prashkovsky Investments and Construction's debt to equity for the quarter that ended in Dec. 2023 was 1.29.

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 Prashkovsky Investments and Construction's Debt-to-Equity or its related term are showing as below:

XTAE:PRSK' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.09 Med: 1.31 Max: 4.45
Current: 1.29

During the past 11 years, the highest Debt-to-Equity Ratio of Prashkovsky Investments and Construction was 4.45. The lowest was 1.09. And the median was 1.31.

XTAE:PRSK's Debt-to-Equity is ranked worse than
68.45% of 1585 companies
in the Real Estate industry
Industry Median: 0.76 vs XTAE:PRSK: 1.29

Prashkovsky Investments and Construction Debt-to-Equity Historical Data

The historical data trend for Prashkovsky Investments and Construction'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.

Prashkovsky Investments and Construction Debt-to-Equity Chart

Prashkovsky Investments and Construction Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.09

1.33

1.22

1.15

1.29

Prashkovsky Investments and Construction Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.15	1.44	1.24	1.29	1.29

Competitive Comparison of Prashkovsky Investments and Construction's Debt-to-Equity

For the Real Estate - Development subindustry, Prashkovsky Investments and Construction'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.

Prashkovsky Investments and Construction's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Prashkovsky Investments and Construction's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Prashkovsky Investments and Construction's Debt-to-Equity falls into.

Prashkovsky Investments and Construction Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Prashkovsky Investments and Construction'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
	=	(1862.569	+	466.309)	/	1799.122
	=	1.29

Prashkovsky Investments and Construction'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
	=	(1862.569	+	466.309)	/	1799.122
	=	1.29

Prashkovsky Investments and Construction (XTAE:PRSK) 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.

Prashkovsky Investments and Construction Debt-to-Equity Related Terms

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

Prashkovsky Investments and Construction (XTAE:PRSK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Prashkovsky Investments and Construction Ltd (XTAE:PRSK) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Moti Kind 10, Rehovot, ISR

Website

http://www.ashi.co.il

Prashkovsky Investments and Construction Ltd is engaged in construction and development of real estate projects. It undertakes residential, commercial, industrial and office projects. Its commercial projects include Santo streets, Hadera commercial, Rosh HaAyin, Shoham 204 units, Rehovot Hame'adah.

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