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Parkway (ASX:PWN) Debt-to-Equity : 0.51 (As of Jun. 2024)


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What is Parkway Debt-to-Equity?

Parkway's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$0.54 Mil. Parkway's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$7.37 Mil. Parkway's Total Stockholders Equity for the quarter that ended in Jun. 2024 was A$15.49 Mil. Parkway's debt to equity for the quarter that ended in Jun. 2024 was 0.51.

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

ASX:PWN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.23   Max: 0.51
Current: 0.51

During the past 13 years, the highest Debt-to-Equity Ratio of Parkway was 0.51. The lowest was 0.04. And the median was 0.23.

ASX:PWN's Debt-to-Equity is ranked worse than
67.09% of 2622 companies
in the Industrial Products industry
Industry Median: 0.29 vs ASX:PWN: 0.51

Parkway Debt-to-Equity Historical Data

The historical data trend for Parkway'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.

Parkway Debt-to-Equity Chart

Parkway Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.04 0.13 0.34 0.51

Parkway Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.34 0.34 0.21 0.51

Competitive Comparison of Parkway's Debt-to-Equity

For the Pollution & Treatment Controls subindustry, Parkway'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.


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

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

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



Parkway Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Parkway's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Parkway's Debt to Equity Ratio for the quarter that ended in Jun. 2024 is calculated as

* 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.


Parkway  (ASX:PWN) 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.


Parkway Debt-to-Equity Related Terms

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


Parkway Business Description

Traded in Other Exchanges
Address
45 Bunnett Street, Warehouse 5, Sunshine North, Melbourne, VIC, AUS, 3020
Parkway Corp Ltd is engaged in providing water treatment related products and services. The company is comprised of three key business units, Parkway Process Solutions, Parkway Process Technologies and Parkway Ventures. Its products include pump range; filters; tank range; pipe, host and fittings, and others.

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