Pagerduty Debt

PD Stock  USD 6.81  0.13  1.87%   
Pagerduty holds a debt-to-equity ratio of 1.212. At present, Pagerduty's Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Short Term Debt is expected to grow to about 73.3 M, whereas Long Term Debt is forecasted to decline to about 357 M. Pagerduty's financial risk is the risk to Pagerduty stockholders that is caused by an increase in debt.

Asset vs Debt

Equity vs Debt

Pagerduty's liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. Pagerduty's cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps Pagerduty Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect Pagerduty's stakeholders.
For most companies, including Pagerduty, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Pagerduty, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Pagerduty's management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Price Book
1.9873
Book Value
3.502
Operating Margin
0.077
Profit Margin
0.3112
Return On Assets
(0.01)
The current year's Non Current Liabilities Other is expected to grow to about 6.2 M, whereas Total Current Liabilities is forecasted to decline to about 216.7 M.
Check out the analysis of Pagerduty Financial Statements.
For information on how to trade Pagerduty Stock refer to our How to Trade Pagerduty Stock guide.

Pagerduty Bond Ratings

Pagerduty financial ratings play a critical role in determining how much Pagerduty have to pay to access credit markets, i.e., the amount of interest on their issued debt. The threshold between investment-grade and speculative-grade ratings has important market implications for Pagerduty's borrowing costs.
Piotroski F Score
5
HealthyView
Beneish M Score
(4.30)
Unlikely ManipulatorView

Pagerduty Debt to Cash Allocation

Many companies such as Pagerduty, eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
Pagerduty reports 463.65 M of total liabilities with total debt to equity ratio (D/E) of 1.21, which is normal for its line of buisiness. Pagerduty has a current ratio of 2.42, indicating that it is in good position to pay out its debt commitments in time. That said, strategic use of leverage may enable Pagerduty to fund expansion initiatives and generate superior returns.

Pagerduty Total Assets Over Time

Pagerduty Assets Financed by Debt

The debt-to-assets ratio shows the degree to which Pagerduty uses debt to finance its assets. It includes both long-term and short-term borrowings maturing within one year. It also includes both tangible and intangible assets, such as goodwill.

Pagerduty Debt Ratio

    
  33.0   
It looks as if about 67% of Pagerduty's assets are financed through equity. Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Pagerduty's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Pagerduty, which in turn will lower the firm's financial flexibility.

Pagerduty Corporate Bonds Issued

Most Pagerduty bonds can be classified according to their maturity, which is the date when Pagerduty has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Pagerduty Net Debt

Net Debt

141.51 Million

At present, Pagerduty's Net Debt is projected to increase significantly based on the last few years of reporting.

Understaning Pagerduty Use of Financial Leverage

Pagerduty's financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures Pagerduty's total debt position, including all outstanding debt obligations, and compares it with Pagerduty's equity. Financial leverage can amplify the potential profits to Pagerduty's owners, but it also increases the potential losses and risk of financial distress, including bankruptcy, if Pagerduty is unable to cover its debt costs.
Last ReportedProjected for Next Year
Net Debt134.8 M141.5 M
Long Term Debt Total452.3 M474.9 M
Short Term Debt69.8 M73.3 M
Short and Long Term Debt Total533.2 M392.3 M
Long Term Debt452.3 M357 M
Short and Long Term Debt51.7 M45.9 M
Net Debt To EBITDA(11.33)(10.77)
Debt To Equity 3.21  3.37 
Interest Debt Per Share 4.63  2.75 
Debt To Assets 0.45  0.33 
Long Term Debt To Capitalization 0.68  0.46 
Total Debt To Capitalization 0.70  0.48 
Debt Equity Ratio 3.21  3.37 
Debt Ratio 0.45  0.33 
Cash Flow To Debt Ratio 0.23  0.24 
Please read more on our technical analysis page.

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Check out the analysis of Pagerduty Financial Statements.
For information on how to trade Pagerduty Stock refer to our How to Trade Pagerduty Stock guide.
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Will Application Software sector continue expanding? Could Pagerduty diversify its offerings? Factors like these will boost the valuation of Pagerduty. Anticipated expansion of Pagerduty directly elevates investor willingness to pay premium valuations. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Pagerduty data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Earnings Share
1.61
Revenue Per Share
5.328
Quarterly Revenue Growth
0.047
Return On Assets
(0.01)
Return On Equity
0.6613
Understanding Pagerduty requires distinguishing between market price and book value, where the latter reflects Pagerduty's accounting equity. The concept of intrinsic value - what Pagerduty's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Pagerduty's price substantially above or below its fundamental value.
It's important to distinguish between Pagerduty's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Pagerduty should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, Pagerduty's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.

What is Financial Leverage?

Financial leverage is the use of borrowed money (debt) to finance the purchase of assets with the expectation that the income or capital gain from the new asset will exceed the cost of borrowing. In most cases, the debt provider will limit how much risk it is ready to take and indicate a limit on the extent of the leverage it will allow. In the case of asset-backed lending, the financial provider uses the assets as collateral until the borrower repays the loan. In the case of a cash flow loan, the general creditworthiness of the company is used to back the loan. The concept of leverage is common in the business world. It is mostly used to boost the returns on equity capital of a company, especially when the business is unable to increase its operating efficiency and returns on total investment. Because earnings on borrowing are higher than the interest payable on debt, the company's total earnings will increase, ultimately boosting stockholders' profits.

Leverage and Capital Costs

The debt to equity ratio plays a role in the working average cost of capital (WACC). The overall interest on debt represents the break-even point that must be obtained to profitability in a given venture. Thus, WACC is essentially the average interest an organization owes on the capital it has borrowed for leverage. Let's say equity represents 60% of borrowed capital, and debt is 40%. This results in a financial leverage calculation of 40/60, or 0.6667. The organization owes 10% on all equity and 5% on all debt. That means that the weighted average cost of capital is (.4)(5) + (.6)(10) - or 8%. For every $10,000 borrowed, this organization will owe $800 in interest. Profit must be higher than 8% on the project to offset the cost of interest and justify this leverage.

Benefits of Financial Leverage

Leverage provides the following benefits for companies:
  • Leverage is an essential tool a company's management can use to make the best financing and investment decisions.
  • It provides a variety of financing sources by which the firm can achieve its target earnings.
  • Leverage is also an essential technique in investing as it helps companies set a threshold for the expansion of business operations. For example, it can be used to recommend restrictions on business expansion once the projected return on additional investment is lower than the cost of debt.
By borrowing funds, the firm incurs a debt that must be paid. But, this debt is paid in small installments over a relatively long period of time. This frees funds for more immediate use in the stock market. For example, suppose a company can afford a new factory but will be left with negligible free cash. In that case, it may be better to finance the factory and spend the cash on hand on inputs, labor, or even hold a significant portion as a reserve against unforeseen circumstances.

The Risk of Financial Leverage

The most obvious and apparent risk of leverage is that if price changes unexpectedly, the leveraged position can lead to severe losses. For example, imagine a hedge fund seeded by $50 worth of investor money. The hedge fund borrows another $50 and buys an asset worth $100, leading to a leverage ratio of 2:1. For the investor, this is neither good nor bad -- until the asset price changes. If the asset price goes up 10 percent, the investor earns $10 on $50 of capital, a net gain of 20 percent, and is very pleased with the increased gains from the leverage. However, if the asset price crashes unexpectedly, say by 30 percent, the investor loses $30 on $50 of capital, suffering a 60 percent loss. In other words, the effect of leverage is to increase the volatility of returns and increase the effects of a price change on the asset to the bottom line while increasing the chance for profit as well.