Petroleo Brasileiro Petrobras (Petroleo Brasileiro Petrobras) Equity-to-Asset

: 0.36 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Petroleo Brasileiro Petrobras's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $77,836 Mil. Petroleo Brasileiro Petrobras's Total Assets for the quarter that ended in Dec. 2023 was $215,003 Mil. Therefore, Petroleo Brasileiro Petrobras's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.36.

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

PBR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28 Med: 0.32 Max: 0.4
Current: 0.36

During the past 13 years, the highest Equity to Asset Ratio of Petroleo Brasileiro Petrobras was 0.40. The lowest was 0.28. And the median was 0.32.

PBR's Equity-to-Asset is ranked worse than
67.68% of 1089 companies
in the Oil & Gas industry
Industry Median: 0.5 vs PBR: 0.36

Petroleo Brasileiro Petrobras Equity-to-Asset Historical Data

The historical data trend for Petroleo Brasileiro Petrobras'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.

Petroleo Brasileiro Petrobras Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.32

0.31

0.40

0.37

0.36

Petroleo Brasileiro Petrobras 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																0.37	0.41	0.37	0.38	0.36

Competitive Comparison

For the Oil & Gas Integrated subindustry, Petroleo Brasileiro Petrobras'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.

Petroleo Brasileiro Petrobras Equity-to-Asset Distribution

For the Oil & Gas industry and Energy sector, Petroleo Brasileiro Petrobras's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Petroleo Brasileiro Petrobras's Equity-to-Asset falls into.

Petroleo Brasileiro Petrobras 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.

Petroleo Brasileiro Petrobras'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
	=	77835.629	/	215002.564
	=	0.36

Petroleo Brasileiro Petrobras'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
	=	77835.629	/	215002.564
	=	0.36

Petroleo Brasileiro Petrobras (NYSE:PBR) 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%.

Petroleo Brasileiro Petrobras Equity-to-Asset Related Terms

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Petroleo Brasileiro Petrobras (Petroleo Brasileiro Petrobras) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Petroleo Brasileiro SA Petrobras (NYSE:PBR) » Definitions » Equity-to-Asset

Traded in Other Exchanges

PBR.A:USA PBRN:Mexico PBRA:Mexico XPBRA:Spain XPBR:Spain PJXC:Germany PJXB:Germany PJXA:Germany PJX:Germany PJXC:Germany PJXB:Germany PJXA:Germany PJX:Germany PETR4:Brazil PETR3:Brazil

Address

Avenida Republica do Chile, 65, Rio de Janeiro, RJ, BRA, 20031-912

Website

https://www.petrobras.com.br

Petrobras is a Brazil-based integrated energy company controlled by the Brazilian government. The company focuses on exploration and production for oil and gas in Brazilian offshore fields. Production in 2022 was 2.7 million barrels of oil equivalent a day (80% oil production), and reserves stood at 10.5 billion boe (85% oil). At year-end 2022, Petrobras operated 11 refineries in Brazil with capacity of 1.9 million barrels a day and distributes refined products and natural gas throughout Brazil.