Planet Debt Equity Ratio from 2010 to 2024

PLNT Stock  USD 100.02  1.74  1.77%   
Planet Fitness Debt Equity Ratio yearly trend continues to be comparatively stable with very little volatility. Debt Equity Ratio is likely to outpace its year average in 2024. From the period from 2010 to 2024, Planet Fitness Debt Equity Ratio quarterly data regression had r-value of (0.43) and coefficient of variation of (149.86). View All Fundamentals
 
Debt Equity Ratio  
First Reported
2010-12-31
Previous Quarter
(17.45)
Current Value
(16.57)
Quarterly Volatility
9.26553602
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Planet Fitness financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Planet Fitness' main balance sheet or income statement drivers, such as Depreciation And Amortization of 156.9 M, Selling General Administrative of 66.1 M or Selling And Marketing Expenses of 44.3 M, as well as many indicators such as Price To Sales Ratio of 5.33, Dividend Yield of 8.0E-4 or Days Sales Outstanding of 34.69. Planet financial statements analysis is a perfect complement when working with Planet Fitness Valuation or Volatility modules.
  
Check out the analysis of Planet Fitness Correlation against competitors.
For more information on how to buy Planet Stock please use our How to Invest in Planet Fitness guide.

Latest Planet Fitness' Debt Equity Ratio Growth Pattern

Below is the plot of the Debt Equity Ratio of Planet Fitness over the last few years. It is Planet Fitness' Debt Equity Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Planet Fitness' overall financial position and show how it may be relating to other accounts over time.
Debt Equity Ratio10 Years Trend
Slightly volatile
   Debt Equity Ratio   
       Timeline  

Planet Debt Equity Ratio Regression Statistics

Arithmetic Mean(6.18)
Geometric Mean3.23
Coefficient Of Variation(149.86)
Mean Deviation6.78
Median(2.72)
Standard Deviation9.27
Sample Variance85.85
Range34.139
R-Value(0.43)
Mean Square Error75.37
R-Squared0.18
Significance0.11
Slope(0.89)
Total Sum of Squares1,202

Planet Debt Equity Ratio History

2024 -16.57
2023 -17.45
2022 -10.04
2021 -2.72
2020 -2.51
2019 -2.41
2018 -3.13

About Planet Fitness Financial Statements

Planet Fitness shareholders use historical fundamental indicators, such as Debt Equity Ratio, to determine how well the company is positioned to perform in the future. Although Planet Fitness investors may analyze each financial statement separately, they are all interrelated. The changes in Planet Fitness' assets and liabilities, for example, are also reflected in the revenues and expenses on on Planet Fitness' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Debt Equity Ratio(17.45)(16.57)

Thematic Opportunities

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Additional Tools for Planet Stock Analysis

When running Planet Fitness' price analysis, check to measure Planet Fitness' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Planet Fitness is operating at the current time. Most of Planet Fitness' value examination focuses on studying past and present price action to predict the probability of Planet Fitness' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Planet Fitness' price. Additionally, you may evaluate how the addition of Planet Fitness to your portfolios can decrease your overall portfolio volatility.