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What Does Party City Holdco's Debt Look Like?

What Does Party City Holdco's Debt Look Like?

派對城市控股的債務是什麼樣的?
Benzinga ·  2023/03/10 01:31

Shares of Party City Holdco Inc. (OTC:PRTYQ) fell by 84.64% in the past three months. Before having a look at the importance of debt, let's look at how much debt Party City Holdco has.

在過去三個月中,派對城市控股有限公司(OTC:PRTYQ)的股份下降了 84.64%。在看一下債務的重要性之前,讓我們來看看黨城市控股有多少債務。

Party City Holdco Debt

派對城市控股債務

According to the Party City Holdco's most recent financial statement as reported on November 8, 2022, total debt is at $1.78 billion, with $1.32 billion in long-term debt and $466.24 million in current debt. Adjusting for $29.81 million in cash-equivalents, the company has a net debt of $1.75 billion.

根據 2022 年 11 月 8 日報導的黨市控股公司最近的財務報表,債務總額為 1.78 億美元,長期債務為 13.32 億美元,當前債務為 4.66.4 億美元。調整 2981 億美元的現金等價物,該公司的淨債務為 $1.75 億美元。

Let's define some of the terms we used in the paragraph above. Current debt is the portion of a company's debt which is due within 1 year, while long-term debt is the portion due in more than 1 year. Cash equivalents includes cash and any liquid securities with maturity periods of 90 days or less. Total debt equals current debt plus long-term debt minus cash equivalents.

讓我們定義一些我們在上面的段落中使用的術語。 目前債務 是公司債務的部分,該部分在 1 年內到期,而 長期債務 是在 1 年以上到期的部分。 等同現金 包括現金及任何到期期限為 90 天或以下的流動性證券。 債務總額 等於目前債務加上長期債務減去現金等價物。

Investors look at the debt-ratio to understand how much financial leverage a company has. Party City Holdco has $2.87 billion in total assets, therefore making the debt-ratio 0.62. Generally speaking, a debt-ratio more than 1 means that a large portion of debt is funded by assets. As the debt-ratio increases, so the does the risk of defaulting on loans, if interest rates were to increase. Different industries have different thresholds of tolerance for debt-ratios. A debt ratio of 25% might be higher for one industry, but average for another.

投資者查看債務比率,以了解公司擁有多少財務槓桿。黨市控股有限公司總資產 28.7 億美元,因此債務比率為 0.62。一般來說,債務比率超過 1 意味著很大一部分債務由資產提供資金。由於債務比率的增加,拖欠貸款的風險也是如此,如果利率增加。不同行業對債務比率有不同的容忍閾值。對於一個行業,25% 的債務比率可能會更高,但另一個行業的平均值。

Importance of Debt

債務的重要性

Debt is an important factor in the capital structure of a company, and can help it attain growth. Debt usually has a relatively lower financing cost than equity, which makes it an attractive option for executives.

債務是公司資本結構的一個重要因素,可以幫助它實現增長。債務通常具有相對較低的融資成本比股票, 這使其成為一個有吸引力的選擇對高管.

However, interest-payment obligations can have an adverse impact on the cash-flow of the company. Having financial leverage also allows companies to use additional capital for business operations, allowing equity owners to retain excess profit, generated by the debt capital.

但是,支付利息責任可能會對公司的現金流產生不利影響。擁有財務槓桿還允許公司將額外資本用於業務運營,從而使股權所有者可以保留由債務資本產生的額外利潤。

Looking for stocks with low debt-to-equity ratios? Check out Benzinga Pro, a market research platform which provides investors with near-instantaneous access to dozens of stock metrics - including debt-to-equity ratio. Click here to learn more.

尋找債務與股票比率較低的股票?查看 Beninga Pro,這是一個市場研究平台,該平台為投資者提供了幾乎即時的訪問數十種股票指標-包括債務與權益比率。點擊這裡了解更多。

This article was generated by Benzinga's automated content engine and reviewed by an editor.

本文由 Beninga 的自動化內容引擎生成,並由編輯審查。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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