Perpetual Equity Investment Co (ASX:PIC) Equity-to-Asset : 0.99 (As of Dec. 2023)

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What is Perpetual Equity Investment Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Perpetual Equity Investment Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$465.79 Mil. Perpetual Equity Investment Co's Total Assets for the quarter that ended in Dec. 2023 was A$471.38 Mil. Therefore, Perpetual Equity Investment Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.99.

The historical rank and industry rank for Perpetual Equity Investment Co's Equity-to-Asset or its related term are showing as below:

ASX:PIC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.91 Med: 0.98 Max: 0.99
Current: 0.99

During the past 8 years, the highest Equity to Asset Ratio of Perpetual Equity Investment Co was 0.99. The lowest was 0.91. And the median was 0.98.

ASX:PIC's Equity-to-Asset is ranked better than
90.32% of 1725 companies
in the Asset Management industry
Industry Median: 0.83 vs ASX:PIC: 0.99

Perpetual Equity Investment Co Equity-to-Asset Historical Data

The historical data trend for Perpetual Equity Investment Co's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Perpetual Equity Investment Co Equity-to-Asset Chart

Perpetual Equity Investment Co Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

Get a 7-Day Free Trial

0.98

0.99

0.91

0.98

Perpetual Equity Investment Co Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial												0.94	0.98	0.99	0.98	0.99

Competitive Comparison of Perpetual Equity Investment Co's Equity-to-Asset

For the Asset Management subindustry, Perpetual Equity Investment Co's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Perpetual Equity Investment Co's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Perpetual Equity Investment Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Perpetual Equity Investment Co's Equity-to-Asset falls into.

Perpetual Equity Investment Co Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Perpetual Equity Investment Co's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	482.565	/	492.749
	=	0.98

Perpetual Equity Investment Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	465.788	/	471.377
	=	0.99

Perpetual Equity Investment Co (ASX:PIC) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

Perpetual Equity Investment Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Perpetual Equity Investment Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Perpetual Equity Investment Co (ASX:PIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Perpetual Equity Investment Co Ltd (ASX:PIC) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

123 Pitt Street, Level 18, Sydney, NSW, AUS, 2000

Website

https://www.perpetualequity.com.au

Perpetual Equity Investment Co Ltd is an investment management company. It engages in the provision of investors access to a portfolio of predominantly Australian and global listed securities. The company's investment objective is to provide investors with a growing income stream and long-term capital growth in excess of its Benchmark over a minimum of 5 year investment periods. The company has one operating segment with only one key function, being the investment of funds predominantly in Australia together with opportunistic investments globally.