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Panasonic Manufacturing Philippines (PHS:PMPC) Equity-to-Asset : 0.55 (As of Dec. 2023)


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What is Panasonic Manufacturing Philippines Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Panasonic Manufacturing Philippines's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₱4,714 Mil. Panasonic Manufacturing Philippines's Total Assets for the quarter that ended in Dec. 2023 was ₱8,578 Mil. Therefore, Panasonic Manufacturing Philippines's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.55.

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

PHS:PMPC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.52   Med: 0.62   Max: 0.72
Current: 0.55

During the past 13 years, the highest Equity to Asset Ratio of Panasonic Manufacturing Philippines was 0.72. The lowest was 0.52. And the median was 0.62.

PHS:PMPC's Equity-to-Asset is ranked worse than
52.81% of 2488 companies
in the Hardware industry
Industry Median: 0.57 vs PHS:PMPC: 0.55

Panasonic Manufacturing Philippines Equity-to-Asset Historical Data

The historical data trend for Panasonic Manufacturing Philippines'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.

Panasonic Manufacturing Philippines Equity-to-Asset Chart

Panasonic Manufacturing Philippines 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 0.60 0.60 0.57 0.54 0.58

Panasonic Manufacturing Philippines Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.54 0.58 0.58 0.57 0.55

Competitive Comparison of Panasonic Manufacturing Philippines's Equity-to-Asset

For the Consumer Electronics subindustry, Panasonic Manufacturing Philippines'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.


Panasonic Manufacturing Philippines's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Panasonic Manufacturing Philippines's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Panasonic Manufacturing Philippines's Equity-to-Asset falls into.



Panasonic Manufacturing Philippines 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.

Panasonic Manufacturing Philippines'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
=4747.583/8179.688
=0.58

Panasonic Manufacturing Philippines'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
=4714.036/8578.097
=0.55

* 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.


Panasonic Manufacturing Philippines  (PHS:PMPC) 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%.


Panasonic Manufacturing Philippines Equity-to-Asset Related Terms

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


Panasonic Manufacturing Philippines (PHS:PMPC) Business Description

Traded in Other Exchanges
N/A
Address
Ortigas Avenue Extension, Barrio Mapandan, Barangay San Isidro, Rizal, Taytay, RIZ, PHL, 1920
Panasonic Manufacturing Philippines Corp company is a manufacturer, importer, and distributor of electronic, electrical, mechanical, and electro-mechanical appliances, and other types of machinery, parts, components, and batteries. The business of the company operates in segments that include Consumer, which sells products for the media and entertainment industry; System Solutions Group, which sells security systems and projectors; Life Solutions includes lamps, ventilation fans, Panasonic Nanoe Generator (PNG), and other lighting accessories and others, which sells supermarket refrigeration products. The Consumer segment generates maximum revenue for the company. It sells all its products under the brand name Panasonic. Its geographical segments are the Philippines, Hongkong, and Taiwan.

Panasonic Manufacturing Philippines (PHS:PMPC) Headlines

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