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Panasonic Holdings (Panasonic Holdings) Equity-to-Asset

: 0.47 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Panasonic Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $29,033 Mil. Panasonic Holdings's Total Assets for the quarter that ended in Dec. 2023 was $61,887 Mil. Therefore, Panasonic Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.47.

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

PCRFY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26   Med: 0.32   Max: 0.47
Current: 0.47

During the past 13 years, the highest Equity to Asset Ratio of Panasonic Holdings was 0.47. The lowest was 0.26. And the median was 0.32.

PCRFY's Equity-to-Asset is ranked worse than
65.53% of 2483 companies
in the Hardware industry
Industry Median: 0.57 vs PCRFY: 0.47

Panasonic Holdings Equity-to-Asset Historical Data

The historical data trend for Panasonic Holdings'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.

Panasonic Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.32 0.32 0.38 0.39 0.45

Panasonic Holdings 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 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 Premium Member Only Premium Member Only Premium Member Only 0.43 0.45 0.47 0.47 0.47

Competitive Comparison

For the Consumer Electronics subindustry, Panasonic Holdings'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.


Panasonic Holdings Equity-to-Asset Distribution

For the Hardware industry and Technology sector, Panasonic Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Panasonic Holdings's Equity-to-Asset falls into.



Panasonic Holdings 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.

Panasonic Holdings's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=27070.818/60296.781
=0.45

Panasonic Holdings'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
=29033.056/61887.367
=0.47

* 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.


Panasonic Holdings  (OTCPK:PCRFY) 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%.


Panasonic Holdings Equity-to-Asset Related Terms

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Panasonic Holdings (Panasonic Holdings) Business Description

Traded in Other Exchanges
Address
1006, Oaza Kadoma, Kadoma-shi, Osaka, JPN, 571-8501
Panasonic Holdings is a conglomerate that has diversified from its consumer electronics roots. It has five main business units: lifestyle (white appliances and housing products); automotive (cockpit systems); connect (BtoB businesses); industry (FA products, electronic materials, and devices); and energy (rechargeable batteries). After the crisis in 2012, former president Kazuhiro Tsuga has focused on shifting the business portfolio to increase the proportion of B2B businesses to mitigate the tough competition in consumer electronics products.