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PBT Group (JSE:PBG) Equity-to-Asset : 0.67 (As of Sep. 2023)


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What is PBT Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PBT Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was R243 Mil. PBT Group's Total Assets for the quarter that ended in Sep. 2023 was R361 Mil. Therefore, PBT Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.67.

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

JSE:PBG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.73   Max: 0.84
Current: 0.67

During the past 13 years, the highest Equity to Asset Ratio of PBT Group was 0.84. The lowest was 0.07. And the median was 0.73.

JSE:PBG's Equity-to-Asset is ranked better than
67.65% of 2847 companies
in the Software industry
Industry Median: 0.55 vs JSE:PBG: 0.67

PBT Group Equity-to-Asset Historical Data

The historical data trend for PBT Group'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.

PBT Group Equity-to-Asset Chart

PBT Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.73 0.74 0.74 0.74

PBT Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 0.72 0.74 0.69 0.74 0.67

Competitive Comparison of PBT Group's Equity-to-Asset

For the Information Technology Services subindustry, PBT Group'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.


PBT Group's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, PBT Group's Equity-to-Asset distribution charts can be found below:

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



PBT Group 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.

PBT Group's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=400.713/542.279
=0.74

PBT Group'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
=243.201/361.423
=0.67

* 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.


PBT Group  (JSE:PBG) 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%.


PBT Group Equity-to-Asset Related Terms

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


PBT Group (JSE:PBG) Business Description

Traded in Other Exchanges
N/A
Address
PBT House, 2 Mews Close, Waterford Mews, Century City, Cape Town, WC, ZAF, 7441
PBT Group Ltd is a South African-based company that offers information management and data analytics services. The company's operating segments are based on geographical locations namely South Africa, Australia, Europe and Other. It generates maximum revenue from the South Africa segment. South Africa segment includes consulting and implementation of data, management information software and healthcare administration services in the Republic of South Africa. It serves finance, insurance, telecommunications, retail, petroleum and medical healthcare industries. The company services include Data Engineering, Analytics and Visualization, Artificial Intelligence, Managed Solutions, Advisory and Strategic Services, Application Development and others.

PBT Group (JSE:PBG) Headlines

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