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Polska Grupa Energetyczna (WAR:PGE) Equity-to-Asset : 0.41 (As of Dec. 2023)


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What is Polska Grupa Energetyczna Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Polska Grupa Energetyczna's Total Stockholders Equity for the quarter that ended in Dec. 2023 was zł46,874 Mil. Polska Grupa Energetyczna's Total Assets for the quarter that ended in Dec. 2023 was zł113,443 Mil. Therefore, Polska Grupa Energetyczna's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.41.

The historical rank and industry rank for Polska Grupa Energetyczna's Equity-to-Asset or its related term are showing as below:

WAR:PGE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41   Med: 0.58   Max: 0.68
Current: 0.41

During the past 13 years, the highest Equity to Asset Ratio of Polska Grupa Energetyczna was 0.68. The lowest was 0.41. And the median was 0.58.

WAR:PGE's Equity-to-Asset is ranked better than
56.45% of 519 companies
in the Utilities - Regulated industry
Industry Median: 0.37 vs WAR:PGE: 0.41

Polska Grupa Energetyczna Equity-to-Asset Historical Data

The historical data trend for Polska Grupa Energetyczna'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.

Polska Grupa Energetyczna Equity-to-Asset Chart

Polska Grupa Energetyczna Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.55 0.52 0.53 0.51 0.41

Polska Grupa Energetyczna Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.51 0.46 0.49 0.49 0.41

Competitive Comparison of Polska Grupa Energetyczna's Equity-to-Asset

For the Utilities - Regulated Electric subindustry, Polska Grupa Energetyczna'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.


Polska Grupa Energetyczna's Equity-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Polska Grupa Energetyczna's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Polska Grupa Energetyczna's Equity-to-Asset falls into.



Polska Grupa Energetyczna 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.

Polska Grupa Energetyczna's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=46874/113443
=0.41

Polska Grupa Energetyczna'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
=46874/113443
=0.41

* 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.


Polska Grupa Energetyczna  (WAR:PGE) 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%.


Polska Grupa Energetyczna Equity-to-Asset Related Terms

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


Polska Grupa Energetyczna (WAR:PGE) Business Description

Traded in Other Exchanges
Address
Aleja Krasnicka 27, Warsaw, POL, 20-718
Polska Grupa Energetyczna SA is a Polish electric utility company of which the Polish State Treasury is the majority shareholder. The vast majority of Polska Grupa's revenue comes, collectively, from its conventional generation business, which mines coal and controls power plant operations; its distribution business, which distributes electricity throughout Poland; and its supply business, which purchases and sells electricity and heat. Polska Grupa controls a portfolio of lignite, coal, gas, biomass, hydro, and wind power plants. most of the company's power production is derived from its lignite-fired and coal-fired facilities. Almost all of Polska Grupa's revenue comes from the Polish market, and it is one of the largest energy producers in the country.

Polska Grupa Energetyczna (WAR:PGE) Headlines

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