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PEG (Public Service Enterprise Group) Equity-to-Asset : 0.30 (As of Sep. 2024)


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What is Public Service Enterprise Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Public Service Enterprise Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $16,095 Mil. Public Service Enterprise Group's Total Assets for the quarter that ended in Sep. 2024 was $54,080 Mil. Therefore, Public Service Enterprise Group's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.30.

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

PEG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27   Med: 0.32   Max: 0.36
Current: 0.3

During the past 13 years, the highest Equity to Asset Ratio of Public Service Enterprise Group was 0.36. The lowest was 0.27. And the median was 0.32.

PEG's Equity-to-Asset is ranked worse than
67.12% of 514 companies
in the Utilities - Regulated industry
Industry Median: 0.38 vs PEG: 0.30

Public Service Enterprise Group Equity-to-Asset Historical Data

The historical data trend for Public Service Enterprise 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.

Public Service Enterprise Group Equity-to-Asset Chart

Public Service Enterprise Group 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 0.32 0.32 0.30 0.28 0.31

Public Service Enterprise Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.31 0.31 0.30 0.30 0.30

Competitive Comparison of Public Service Enterprise Group's Equity-to-Asset

For the Utilities - Regulated Electric subindustry, Public Service Enterprise 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.


Public Service Enterprise Group's Equity-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Public Service Enterprise Group's Equity-to-Asset distribution charts can be found below:

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



Public Service Enterprise 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.

Public Service Enterprise Group'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
=15477/50741
=0.31

Public Service Enterprise Group's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=16095/54080
=0.30

* 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.


Public Service Enterprise Group  (NYSE:PEG) 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%.


Public Service Enterprise Group Equity-to-Asset Related Terms

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


Public Service Enterprise Group Business Description

Traded in Other Exchanges
Address
80 Park Plaza, Newark, NJ, USA, 07102
Public Service Enterprise Group is the holding company for a regulated utility (PSE&G) and other nonregulated businesses such as nuclear power generation and clean energy projects. PSE&G provides regulated gas and electricity delivery services in New Jersey to a combined 4.3 million customers. Public Service Enterprise Group also operates the Long Island Power Authority system. In 2022, the company sold its gas and oil power plants in the mid-Atlantic, New York, and the Northeast.
Executives
Ralph A Larossa officer: President & COO - PSE&G PSEG, 80 PARK PLAZA, NEWARK NJ 07102
Kim C Hanemann officer: President and COO - PSE&G 1500 RONSON ROAD, ISELIN NJ 08830
Richard T Thigpen officer: SVP Corporate Citizenship 80 PARK AVENUE, NEWARK NJ 07102
Tamara Louise Linde officer: EVP & General Counsel 80 PARK PLAZA, T4, NEWARK NJ 07102
Rose M Chernick officer: Vice President and Controller 80 PARK PLAZA, T4B, NEWARK NJ 07102
Kenneth Tanji director 751 BROAD STREET, 5TH FLOOR, ATTN: REGULATORY FILINGS UNIT, NEWARK NJ 07102
Eric Carr officer: President & COO - PSEG Power PO BOX 236, HANCOCKS BRIDGE NJ 08038
Sheila J Rostiac officer: SVP HR & CHRO & CDO 80 PARK PLAZA, NEWARK NJ 07102
Ralph Izzo officer: President and COO - PSE&G PSEG 80 PARK PLAZA, T6B NEWARK NJ 07102-4194
Jamie M Gentoso director 80 PARK PLAZA, NEWARK NJ 07102
Valerie Ann Smith director 80 PARK PLAZA, NEWARK NJ 07102
Daniel J Cregg officer: Executive VP & CFO 80 PARK PLAZA, T4, NEWARK NJ 07102
Scott G Stephenson director C/O VERISK ANALYTICS, INC., 545 WASHINGTON BOULEVARD, JERSEY CITY NJ 07310-1686
John P Surma director
Derek M Dirisio officer: Vice President and Controller PSEG, 80 PARK PLAZA, NEWARK NJ 07102