Premium Brands Holdings (Premium Brands Holdings) Equity-to-Asset

: 0.34 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Premium Brands Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,317 Mil. Premium Brands Holdings's Total Assets for the quarter that ended in Dec. 2023 was $3,845 Mil. Therefore, Premium Brands Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.34.

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

PRBZF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28 Med: 0.36 Max: 0.45
Current: 0.34

During the past 13 years, the highest Equity to Asset Ratio of Premium Brands Holdings was 0.45. The lowest was 0.28. And the median was 0.36.

PRBZF's Equity-to-Asset is ranked worse than
75.64% of 1909 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs PRBZF: 0.34

Premium Brands Holdings Equity-to-Asset Historical Data

The historical data trend for Premium Brands 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.

Premium Brands Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.37

0.45

0.40

0.36

0.34

Premium Brands 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																0.36	0.35	0.34	0.34	0.34

Competitive Comparison

For the Packaged Foods subindustry, Premium Brands 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.

Premium Brands Holdings Equity-to-Asset Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Premium Brands Holdings's Equity-to-Asset distribution charts can be found below:

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

Premium Brands 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.

Premium Brands Holdings'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
	=	1316.711	/	3844.738
	=	0.34

Premium Brands 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
	=	1316.711	/	3844.738
	=	0.34

Premium Brands Holdings (OTCPK:PRBZF) 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%.

Premium Brands Holdings Equity-to-Asset Related Terms

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Premium Brands Holdings (Premium Brands Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Premium Brands Holdings Corp (OTCPK:PRBZF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

PBH:Canada

Address

100 - 10991 Shellbridge Way, Richmond, BC, CAN, V6X 3C6

Website

https://www.premiumbrandsholdings.com

Premium Brands Holdings Corp is engaged in specialty food manufacturing, premium food distribution, and wholesale businesses with operations in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nevada, and Washington State. The company's business segments include Specialty Foods, Premium Food Distribution, and Corporate. The Specialty Foods segment consists of its specialty food manufacturing businesses, which contributes about two-thirds of the group revenue; the Premium Food Distribution segment consists of the company's distribution and wholesale businesses; the Corporate segment includes the company's head office activities along with its finance and information systems. Its geographical segments are the United States and Canada.