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Pioneer Power Solutions (Pioneer Power Solutions) Equity-to-Asset : 0.52 (As of Sep. 2023)


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What is Pioneer Power Solutions Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Pioneer Power Solutions's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $18.50 Mil. Pioneer Power Solutions's Total Assets for the quarter that ended in Sep. 2023 was $35.76 Mil. Therefore, Pioneer Power Solutions's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.52.

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

PPSI' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.44   Max: 0.7
Current: 0.52

During the past 13 years, the highest Equity to Asset Ratio of Pioneer Power Solutions was 0.70. The lowest was 0.17. And the median was 0.44.

PPSI's Equity-to-Asset is ranked worse than
55.64% of 3025 companies
in the Industrial Products industry
Industry Median: 0.56 vs PPSI: 0.52

Pioneer Power Solutions Equity-to-Asset Historical Data

The historical data trend for Pioneer Power Solutions'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.

Pioneer Power Solutions Equity-to-Asset Chart

Pioneer Power Solutions Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.59 0.65 0.70 0.46

Pioneer Power Solutions 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 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 0.54 0.46 0.48 0.58 0.52

Competitive Comparison of Pioneer Power Solutions's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Pioneer Power Solutions'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.


Pioneer Power Solutions's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pioneer Power Solutions's Equity-to-Asset distribution charts can be found below:

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



Pioneer Power Solutions 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.

Pioneer Power Solutions'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
=16.933/37.175
=0.46

Pioneer Power Solutions'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
=18.499/35.761
=0.52

* 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.


Pioneer Power Solutions  (NAS:PPSI) 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%.


Pioneer Power Solutions Equity-to-Asset Related Terms

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


Pioneer Power Solutions (Pioneer Power Solutions) Business Description

Traded in Other Exchanges
N/A
Address
400 Kelby Street, 12th Floor, One Parker Plaza, Fort Lee, NJ, USA, 07024
Pioneer Power Solutions Inc manufactures, sells, and services a broad range of specialty electrical transmission, distribution, and on-site power generation equipment for applications in the utility, industrial, commercial and backup power markets. Its principal products and services include custom-engineered electrical transformers, switchgear and engine-generator sets and controls, complemented by a national field-service network to maintain and repair power generation assets. Pioneer Power works in two reportable segments: Transmission and Distribution Solutions (T&D Solutions) and Critical Power Solutions (Critical Power). Pioneer generates most of its revenue from the United States of America.
Executives
Nathan Mazurek 10 percent owner, officer: President, CEO, Chairman C/O PIONEER POWER SOLUTIONS, INC., 400 KELBY STREET 9TH FLOOR, FORT LEE NJ 07024
Kytchener Stevenson Whyte director 400 KELBY STREET, 12TH FLOOR, FORT LEE NJ 07024
Wojciech Michalec officer: Interim CFO 400 KELBY STREET, 12TH FLOOR, FORT LEE NJ 07024
A. Lawrence Carroll Trust 10 percent owner 415 L'AMBIANCE DRIVE, APT. 804, LONGBOAT KEY FL 34228
David Tesler director 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Jonathan Tulkoff director 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Thomas Klink director, officer: See Remarks 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Andrew Minkow director, officer: CFO, Secretary and Treasurer 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Ian Ross director 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Yossi Cohn director 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
David J. Landes director, 10 percent owner 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Provident Pioneer Partners, L.p. 10 percent owner 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Provident Canada Corp. 10 percent owner 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024

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