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PSG Financial Services Limited (JSE:KST) Equity-to-Asset : 0.05 (As of Aug. 2023)


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What is PSG Financial Services Limited Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PSG Financial Services Limited's Total Stockholders Equity for the quarter that ended in Aug. 2023 was R4,329 Mil. PSG Financial Services Limited's Total Assets for the quarter that ended in Aug. 2023 was R91,173 Mil. Therefore, PSG Financial Services Limited's Equity to Asset Ratio for the quarter that ended in Aug. 2023 was 0.05.

The historical rank and industry rank for PSG Financial Services Limited's Equity-to-Asset or its related term are showing as below:

JSE:KST' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.05   Max: 0.08
Current: 0.05

During the past 13 years, the highest Equity to Asset Ratio of PSG Financial Services Limited was 0.08. The lowest was 0.04. And the median was 0.05.

JSE:KST's Equity-to-Asset is ranked worse than
97.16% of 1723 companies
in the Asset Management industry
Industry Median: 0.83 vs JSE:KST: 0.05

PSG Financial Services Limited Equity-to-Asset Historical Data

The historical data trend for PSG Financial Services Limited'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.

PSG Financial Services Limited Equity-to-Asset Chart

PSG Financial Services Limited Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.05 0.05 0.05 0.05

PSG Financial Services Limited Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.05 0.05 0.05 0.05

Competitive Comparison of PSG Financial Services Limited's Equity-to-Asset

For the Asset Management subindustry, PSG Financial Services Limited'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.


PSG Financial Services Limited's Equity-to-Asset Distribution in the Asset Management Industry

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

* The bar in red indicates where PSG Financial Services Limited's Equity-to-Asset falls into.



PSG Financial Services Limited 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.

PSG Financial Services Limited's Equity to Asset Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Equity to Asset (A: Feb. 2023 )=Total Stockholders Equity/Total Assets
=4240.959/88257.014
=0.05

PSG Financial Services Limited's Equity to Asset Ratio for the quarter that ended in Aug. 2023 is calculated as

Equity to Asset (Q: Aug. 2023 )=Total Stockholders Equity/Total Assets
=4329.468/91173.308
=0.05

* 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.


PSG Financial Services Limited  (JSE:KST) 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%.


PSG Financial Services Limited Equity-to-Asset Related Terms

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


PSG Financial Services Limited (JSE:KST) Business Description

Traded in Other Exchanges
Address
3 Howick Close, 4th Floor, The Edge, Tyger Waterfront, Tyger Valley, Bellville, ZAF, 7530
PSG Financial Services Limited is an independent financial services group. Business is executed through three operating divisions: PSG Wealth, PSG Asset Management, and PSG Insure. PSG Wealth provides the group with nearly half of its income, with PSG Insure outweighing PSG Asset Management. Through the Wealth unit, PSG delivers a comprehensive suite of products to individuals, families, and businesses. Some of the PSG Wealth offerings include investment products, stockbroking, estate and trust services, and many other related products. Offerings under PSG Insure cover a range of short-term insurance solutions, for both personal and commercial needs. PSG rounds out its portfolio with the PSG Asset Management group which offers a range of local unit trusts and international funds.

PSG Financial Services Limited (JSE:KST) Headlines

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