Debt increases substantially
PFSweb, Inc. has witnessed an increase in total debt over the last one year. It stood at $59.70 million as on Dec. 31, 2016, up 68.68 percent or $24.31 million from $35.39 million on Dec. 31, 2015. Total debt was 28.25 percent of total assets as on Dec. 31, 2016, compared with 18.50 percent on Dec. 31, 2015. Debt to equity ratio was at 1.48 as on Dec. 31, 2016, up from 0.81 as on Dec. 31, 2015.