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PACCAR (PACCAR) Equity-to-Asset : 0.39 (As of Dec. 2023)


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What is PACCAR Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PACCAR's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $15,879 Mil. PACCAR's Total Assets for the quarter that ended in Dec. 2023 was $40,823 Mil. Therefore, PACCAR's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.39.

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

PCAR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33   Med: 0.34   Max: 0.4
Current: 0.39

During the past 13 years, the highest Equity to Asset Ratio of PACCAR was 0.40. The lowest was 0.33. And the median was 0.34.

PCAR's Equity-to-Asset is ranked worse than
67.46% of 209 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 0.47 vs PCAR: 0.39

PACCAR Equity-to-Asset Historical Data

The historical data trend for PACCAR'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.

PACCAR Equity-to-Asset Chart

PACCAR Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.37 0.39 0.40 0.39

PACCAR 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 Get a 7-Day Free Trial 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 0.40 0.40 0.41 0.42 0.39

Competitive Comparison of PACCAR's Equity-to-Asset

For the Farm & Heavy Construction Machinery subindustry, PACCAR'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.


PACCAR's Equity-to-Asset Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, PACCAR's Equity-to-Asset distribution charts can be found below:

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



PACCAR 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.

PACCAR'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
=15878.8/40823.4
=0.39

PACCAR'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
=15878.8/40823.4
=0.39

* 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.


PACCAR  (NAS:PCAR) 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%.


PACCAR Equity-to-Asset Related Terms

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


PACCAR (PACCAR) Business Description

Address
777-106th Avenue N.E., Bellevue, WA, USA, 98004
Paccar is a leading manufacturer of medium- and heavy-duty trucks under the premium brands Kenworth and Peterbilt, which are primarily sold in the NAFTA region and Australia, and DAF trucks, which are sold in Europe and South America. The company's trucks are sold through over 2,300 independent dealers globally. Paccar Financial Services provides retail and wholesale financing for customers and dealers, respectively. The company commands approximately 30% of the Class 8 market share in North America and 17% of the heavy-duty market share in Europe.
Executives
Todd R Hubbard officer: VICE PRESIDENT 777 106TH AVE NE, BELLEVUE WA 98004
Harrie Schippers officer: Vice President 777 106TH AVENUE NE, BELLEVUE WA 98004
Brice J Poplawski officer: Vice President & Controller 777 106TH AVE. NE, BELLEVUE WA 98004
R Preston Feight officer: VICE PRESIDENT 777 106TH AVE NE, BELLEVUE WA 98004
Michael T Barkley officer: VICE PRESIDENT/CONTROLLER 777 106TH AVENUE NE, BELLEVUE WA 98004
Cynthia Niekamp director PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Barbara B. Hulit director C/O FORTIVE CORPORATION, 6920 SEAWAY BLVD, EVERETT WA 98203
Mark C Pigott director, officer: CHAIRMAN & CEO
C Michael Dozier officer: VICE PRESIDENT 777 106TH AVE NE, BELLEVUE WA 98004
Paulo Henrique Bolgar officer: Vice President 777 106TH AVENUE NE, BELLEVUE WA 98004
Jack K. Levier officer: Vice President 777 106TH AVENUE NE, BELLEVUE WA 98004
Alison J Carnwath director 777 106TH AVENUE NE, BELLEVUE WA 98004
Sreeganesh Ramaswamy director 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
John N Rich officer: V.P. & CHIEF TECH. OFFICER 777 106TH AVENUE NE, BELLEVUE WA 98004
Michael K Walton officer: VICE PRESIDENT/GENERAL COUNSEL 777 106TH AVENUE NE, BELLEVUE WA 98004

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