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Penrice Soda Holdings (ASX:PSH) Equity-to-Asset : -0.53 (As of Dec. 2013)


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What is Penrice Soda Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Penrice Soda Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2013 was A$-58.7 Mil. Penrice Soda Holdings's Total Assets for the quarter that ended in Dec. 2013 was A$110.0 Mil. Therefore, Penrice Soda Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2013 was -0.53.

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

ASX:PSH's Equity-to-Asset is not ranked *
in the Chemicals industry.
Industry Median: 0.59
* Ranked among companies with meaningful Equity-to-Asset only.

Penrice Soda Holdings Equity-to-Asset Historical Data

The historical data trend for Penrice Soda Holdings'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.

Penrice Soda Holdings Equity-to-Asset Chart

Penrice Soda Holdings Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.31 0.44 0.35 0.01 -0.40

Penrice Soda Holdings Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
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 0.22 0.01 -0.22 -0.40 -0.53

Competitive Comparison of Penrice Soda Holdings's Equity-to-Asset

For the Chemicals subindustry, Penrice Soda Holdings'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.


Penrice Soda Holdings's Equity-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Penrice Soda Holdings's Equity-to-Asset distribution charts can be found below:

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



Penrice Soda Holdings 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.

Penrice Soda Holdings's Equity to Asset Ratio for the fiscal year that ended in Jun. 2013 is calculated as

Equity to Asset (A: Jun. 2013 )=Total Stockholders Equity/Total Assets
=-46.55/117.648
=-0.40

Penrice Soda Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2013 is calculated as

Equity to Asset (Q: Dec. 2013 )=Total Stockholders Equity/Total Assets
=-58.678/110.019
=-0.53

* 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.


Penrice Soda Holdings  (ASX:PSH) 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%.


Penrice Soda Holdings Equity-to-Asset Related Terms

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Penrice Soda Holdings (ASX:PSH) Business Description

Traded in Other Exchanges
N/A
Address
Penrice Soda Holdings Limited (PSH) is a manufacturer of soda ash and sodium bicarbonate in Australia. Penrice operates the soda ash and sodium bicarbonate plant located at Osborne, close to Adelaide and also operates the marble and limestone mine in SA at Angaston in the Barossa Valley.

Penrice Soda Holdings (ASX:PSH) Headlines