Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Porsche Automobil Holding SE's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $60,334 Mil. Porsche Automobil Holding SE's Total Assets for the quarter that ended in Dec. 2023 was $68,002 Mil.
Therefore, Porsche Automobil Holding SE's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.89.
The historical rank and industry rank for Porsche Automobil Holding SE's Equity-to-Asset or its related term are showing as below:
POAHF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.88 Med: 0.99 Max: 0.99
Current: 0.89
During the past 13 years, the highest Equity to Asset Ratio of Porsche Automobil Holding SE was 0.99. The lowest was 0.88. And the median was 0.99.
POAHF's Equity-to-Asset is ranked better than 97.56% of 1309
companies
in the Vehicles & Parts industry
Industry Median: 0.47
vs POAHF: 0.89
Porsche Automobil Holding SE Equity-to-Asset Historical Data
The historical data trend for Porsche Automobil Holding SE'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.
For the Auto Manufacturers subindustry, Porsche Automobil Holding SE'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.
Porsche Automobil Holding SE Equity-to-Asset Distribution
For the Vehicles & Parts industry and Consumer Cyclical sector, Porsche Automobil Holding SE's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Porsche Automobil Holding SE's Equity-to-Asset falls into.
Porsche Automobil Holding SE 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.
Porsche Automobil Holding SE's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Porsche Automobil Holding SE (OTCPK:POAHF) 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%.
Porsche Automobil Holding SE Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Porsche Automobil Holding SE's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Porsche Automobil Holding SE (Porsche Automobil Holding SE) Business Description
Porsche Automobil Holding SE is an automotive holdings company. The company's core investment is a controlling stake in Volkswagen AG. Through this stake, Porsche SE has an interest in passenger and luxury car manufacturers which include Volkswagen, Audi, SEAT, SKODA, Bentley, Bugatti, Lamborghini, and Porsche; motorcycles under the Ducati brand name; and commercial vehicles under Volkswagen Commercial Vehicles, Scania, and MAN. In addition to the automobile manufacturers, this core investment provides Porsche Automobil exposure to the Volkswagen Financial Services financing business. Porsche SE also has a minority stake in technology company INRIX, a company that provides connected-car services and real-time traffic information.
Porsche Automobil Holding SE (Porsche Automobil Holding SE) Headlines
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