Debt-to-Equity Ratio
Higher than 47% of Basic Materials sector peers
Updated 55h ago
Sector Performance
47th percentilePAAS
0.10x
Sector Median
0.10x
Sector Avg
0.29x
Deep Analysis
A company's debt-to-equity ratio compares its total liabilities to shareholders' equity, indicating how much debt it uses to finance operations.
PAAS currently has a ratio of 0.10x, which matches the Basic Materials sector median of 0.10x, placing it at the 47th percentile among peers — meaning it is slightly below average in leverage. The year-over-year change is not available, but the quarter-over-quarter change shows a 9.1% decline from the prior quarter's 0.11x, signaling that the company has reduced its debt relative to equity over the past three months. The combination of a low debt level (at the sector median) and a declining trend suggests minimal financial risk and no immediate leverage concerns. This metric supports the overall NEUTRAL verdict because the ratio is neither unusually low nor high compared to peers, and the direction offers no strong bullish or bearish signal.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about PAAS?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
How does PAAS's Debt-to-Equity Ratio compare to its sector?
PAAS's Debt-to-Equity Ratio of 0.10x compares to a Basic Materials sector median of 0.10x, placing it in the 47th percentile.
Who are PAAS's closest peers by Debt-to-Equity Ratio?
The closest Basic Materials peers by Debt-to-Equity Ratio include: AG (0.11x), KGC (0.08x), RGLD (0.08x), CDE (0.07x), ALB (0.19x).
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
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0.10x
Sector Median
0.10x
Sector Avg
0.29x
How PAAS's Debt-to-Equity Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.