Pacific Ventures Group (Pacific Ventures Group) Equity-to-Asset : -3.61 (As of Sep. 2023)

View and export this data going back to . Start your Free Trial

What is Pacific Ventures Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Pacific Ventures Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-21.79 Mil. Pacific Ventures Group's Total Assets for the quarter that ended in Sep. 2023 was $6.04 Mil. Therefore, Pacific Ventures Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -3.61.

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

PACV' s Equity-to-Asset Range Over the Past 10 Years
Min: -439.75 Med: -2.14 Max: -0.53
Current: -3.61

During the past 13 years, the highest Equity to Asset Ratio of Pacific Ventures Group was -0.53. The lowest was -439.75. And the median was -2.14.

PACV's Equity-to-Asset is ranked worse than
99.68% of 315 companies
in the Retail - Defensive industry
Industry Median: 0.39 vs PACV: -3.61

Pacific Ventures Group Equity-to-Asset Historical Data

The historical data trend for Pacific Ventures Group'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.

Pacific Ventures Group Equity-to-Asset Chart

Pacific Ventures Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Equity-to-Asset

Get a 7-Day Free Trial

-1.55

-0.53

-1.28

-1.93

-3.21

Pacific Ventures Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial															-2.29	-3.21	-3.52	-3.91	-3.61

Competitive Comparison of Pacific Ventures Group's Equity-to-Asset

For the Food Distribution subindustry, Pacific Ventures Group'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.

Pacific Ventures Group's Equity-to-Asset Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Pacific Ventures Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Pacific Ventures Group's Equity-to-Asset falls into.

Pacific Ventures Group 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.

Pacific Ventures Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	-19.849	/	6.193
	=	-3.21

Pacific Ventures Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	-21.793	/	6.039
	=	-3.61

Pacific Ventures Group (OTCPK:PACV) 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%.

Pacific Ventures Group Equity-to-Asset Related Terms

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

Pacific Ventures Group (Pacific Ventures Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Pacific Ventures Group Inc (OTCPK:PACV) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

117 West 9th Street, Suite 316, Los Angeles, CA, USA, 90015

Website

https://www.pacvgroup.com

Pacific Ventures Group Inc is focused on expansion within the consumer products, food, beverage, and alcohol-related industries. Its customers range from a wide variety of restaurants, including many well-known in Southern CA, to institutions, schools, and re-distributors such as U.S. Foods and Sysco as well as to local distributors. It supplies wholesale food and restaurant supplies to San Diego, Los Angeles, Orange, and Riverside and offers same-day service. In addition, it has clients in Arizona and Colorado that come to its facility to pick up their orders.

Executives

Shannon Masjedi	director, 10 percent owner, officer: PRESIDENT, COO, AND SECRETARY	117 WEST 9TH STREET, SUITE 316, LOS ANGELES CA 90015
Marc Shenkman	director, officer: EXECUTIVE VICE PRESIDENT	117 WEST 9TH STREET, SUITE 316, LOS ANGELES CA 90015
Robert Emmitt Smith	director, officer: CHAIRMAN OF THE BOARD & CEO	117 WEST 9TH STREET, SUITE 316, LOS ANGELES CA 90015
Kent R. Sumner	10 percent owner	1248 BATEMAN PONDS WAY, WEST JORDAN UT 84084
Marion Philip Guthrie	10 percent owner	THREE LINCOLN CENTRE, 5430 LBJ FWY., SUITE 1480, DALLAS TX 75240
Kip Eardley	director, 10 percent owner, officer: President & Secretary	P.O. BOX 901658, SANDY UT 84090