Tambov power supply company PJSC (MIC:TASB) Equity-to-Asset: 0.59 (As of Dec. 2023)

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MIC:TASB Tambov power supply company PJSC MIC:TASB
34 GF Score
Price ₽1.30
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What is Tambov power supply company PJSC Equity-to-Asset?

Tambov power supply company PJSC MIC:TASB -0.31% 34 Equity-to-Asset is 0.59 as of Dec. 2023. GuruFocus rates MIC:TASB with a GF Score™ of 34/100.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tambov power supply company PJSC's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₽1,162 Mil. Tambov power supply company PJSC's Total Assets for the quarter that ended in Dec. 2023 was ₽1,989 Mil. Therefore, Tambov power supply company PJSC's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.59.

The historical rank and industry rank for Tambov power supply company PJSC's Equity-to-Asset or its related term are showing as below:

MIC:TASB's Equity-to-Asset is not ranked *
in the Utilities - Regulated industry.
Industry Median: 0.365
* Ranked among companies with meaningful Equity-to-Asset only.

Tambov power supply company PJSC  (MIC:TASB) 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%.


Tambov power supply company PJSC Equity-to-Asset Related Terms


Tambov power supply company PJSC Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Tambov power supply company PJSC'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.

Tambov power supply company PJSC Equity-to-Asset Chart

Tambov power supply company PJSC 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 0.19 0.26 0.43 0.00 0.59

Tambov power supply company PJSC Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Sep22 Dec22 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 0.00 0.00 0.61 0.62 0.59

MIC:TASB vs NEE, SO, DUK: Equity-to-Asset Comparison

For the Utilities - Regulated Electric subindustry, Tambov power supply company PJSC'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.


Tambov power supply company PJSC Equity-to-Asset vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tambov power supply company PJSC's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Tambov power supply company PJSC's Equity-to-Asset falls into.


MIC:TASB
34GF Score
Tambov power supply company PJSC MIC:TASB
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Tambov power supply company PJSC 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.

Tambov power supply company PJSC'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
=1162.485/1988.591
=0.58

Tambov power supply company PJSC'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
=1162.485/1988.591
=0.58

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.59 mean?
Tambov power supply company PJSC (MIC:TASB) has a Equity-to-Asset of 0.59 as of Dec. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Tambov power supply company PJSC and its competitors.
Is Tambov power supply company PJSC's Equity-to-Asset too high?
Tambov power supply company PJSC's current Equity-to-Asset is 0.59. The Utilities - Regulated industry median Equity-to-Asset is 0.37. Tambov power supply company PJSC's value of 0.59 is 61.6% above this industry median. Overall, Tambov power supply company PJSC has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Tambov power supply company PJSC's Equity-to-Asset compare to NEE and SO?
Tambov power supply company PJSC's Equity-to-Asset of 0.59 can be compared against companies in the Utilities - Regulated industry. The industry median Equity-to-Asset is 0.37. Tambov power supply company PJSC's value of 0.59 is 61.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Utilities - Regulated company?
The median Equity-to-Asset among Utilities - Regulated companies is 0.37, based on 508 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tambov power supply company PJSC's current Equity-to-Asset of 0.59 is 61.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Tambov power supply company PJSC and its competitors. For the Utilities - Regulated industry, the median Equity-to-Asset is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tambov power supply company PJSC's current Equity-to-Asset is 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tambov power supply company PJSC stock overvalued right now?
Tambov power supply company PJSC (MIC:TASB) has a current Equity-to-Asset of 0.59. The current Equity-to-Asset is 0.59 and 61.6% above the Utilities - Regulated industry median of 0.37. Tambov power supply company PJSC's overall GF Score™ is 34/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Tambov power supply company PJSC (MIC:TASB), the current Equity-to-Asset is 0.59 as of Dec. 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.

Tambov power supply company PJSC Business Description

Address Morshanskoe Street 23, Tambov, RUS, 392000
Tambov power supply company PJSC sells electric energy as well as provides services including installation, repairs and adjustments.
34GF Score

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