Primorye Commercial Bank PJSC (MIC:PRMB) Debt-to-Asset : 0.01 (As of Sep. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIC:PRMB Primorye Commercial Bank PJSC MIC:PRMB
17 GF Score
Price ₽17,000.00
View Full Analysis

What is Primorye Commercial Bank PJSC Debt-to-Asset?

Primorye Commercial Bank PJSC MIC:PRMB +1.19% 17 Debt-to-Asset is 0.01 as of Sep. 2023. GuruFocus rates MIC:PRMB with a GF Score™ of 17/100.

Primorye Commercial Bank PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₽0 Mil. Primorye Commercial Bank PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₽438 Mil. Primorye Commercial Bank PJSC's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was ₽71,631 Mil. Primorye Commercial Bank PJSC's debt to asset for the quarter that ended in Sep. 2023 was 0.01.


Primorye Commercial Bank PJSC  (MIC:PRMB) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


Primorye Commercial Bank PJSC Debt-to-Asset Related Terms


Primorye Commercial Bank PJSC Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Primorye Commercial Bank PJSC's Debt-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.

Primorye Commercial Bank PJSC Debt-to-Asset Chart

Primorye Commercial Bank PJSC Annual Data
Trend Dec11 Dec12 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.02 0.02 0.00 0.00

Primorye Commercial Bank PJSC Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Dec22 Mar23 Sep23
Debt-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 0.00 0.00 0.00 0.01 0.01

MIC:PRMB vs USB, PNC: Debt-to-Asset Comparison

For the Banks - Regional subindustry, Primorye Commercial Bank PJSC's Debt-to-Asset, along with its competitors' market caps and Debt-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.


Primorye Commercial Bank PJSC Debt-to-Asset vs Banks Industry

For the Banks industry and Financial Services sector, Primorye Commercial Bank PJSC's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Primorye Commercial Bank PJSC's Debt-to-Asset falls into.


MIC:PRMB
17GF Score
Primorye Commercial Bank PJSC MIC:PRMB
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Primorye Commercial Bank PJSC Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Primorye Commercial Bank PJSC's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Primorye Commercial Bank PJSC's Debt-to-Asset for the quarter that ended in Sep. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 438.389) / 71631.307
=0.01

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.01 mean?
Primorye Commercial Bank PJSC (MIC:PRMB) has a Debt-to-Asset of 0.01 as of Sep. 2023. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Primorye Commercial Bank PJSC and its competitors.
Is Primorye Commercial Bank PJSC's Debt-to-Asset too high?
Primorye Commercial Bank PJSC's current Debt-to-Asset is 0.01. Overall, Primorye Commercial Bank PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Primorye Commercial Bank PJSC's Debt-to-Asset compare to USB and PNC?
Primorye Commercial Bank PJSC's Debt-to-Asset of 0.01 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Banks company?
A good Debt-to-Asset depends on the Banks industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Primorye Commercial Bank PJSC and its competitors. Primorye Commercial Bank PJSC's current Debt-to-Asset is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Primorye Commercial Bank PJSC stock overvalued right now?
Primorye Commercial Bank PJSC (MIC:PRMB) has a current Debt-to-Asset of 0.01. The current Debt-to-Asset is 0.01. Primorye Commercial Bank PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Primorye Commercial Bank PJSC (MIC:PRMB), the current Debt-to-Asset is 0.01 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Primorye Commercial Bank PJSC Business Description

Address Street Svetlanskaya, d. 47, Vladivostok, RUS, 690091
Primorye Commercial Bank PJSC formerly Primorye PJSCB offers individual and corporate clients with crediting, securities operations, cash and non-cash money transfers, currency exchange, plastic cards and deposits. It also provides financial and banking services for non-resident banks.
17GF Score

Get the complete analysis for MIC:PRMB

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₽17,000.00
Price