PKTEF (Parkit Enterprise) Equity-to-Asset : 0.44 (As of Dec. 2024)

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What is Parkit Enterprise Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Parkit Enterprise's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $100.95 Mil. Parkit Enterprise's Total Assets for the quarter that ended in Dec. 2024 was $232.09 Mil. Therefore, Parkit Enterprise's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.44.

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

PKTEF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44 Med: 0.94 Max: 1
Current: 0.44

During the past 13 years, the highest Equity to Asset Ratio of Parkit Enterprise was 1.00. The lowest was 0.44. And the median was 0.94.

PKTEF's Equity-to-Asset is ranked worse than
50.88% of 1818 companies
in the Real Estate industry
Industry Median: 0.45 vs PKTEF: 0.44

Parkit Enterprise Equity-to-Asset Historical Data

The historical data trend for Parkit Enterprise'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.

Parkit Enterprise Equity-to-Asset Chart

Parkit Enterprise Annual Data

Trend

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Dec21

Dec22

Dec23

Dec24

Equity-to-Asset

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0.98

0.89

0.66

0.46

0.44

Parkit Enterprise Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Equity-to-Asset	Get a 7-Day Free Trial															0.46	0.46	0.45	0.44	0.44

Competitive Comparison of Parkit Enterprise's Equity-to-Asset

For the Real Estate Services subindustry, Parkit Enterprise'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.

Parkit Enterprise's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Parkit Enterprise's Equity-to-Asset distribution charts can be found below:

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

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Parkit Enterprise 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.

Parkit Enterprise's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	100.947	/	232.089
	=	0.43

Parkit Enterprise's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	100.947	/	232.089
	=	0.43

Parkit Enterprise (OTCPK:PKTEF) 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%.

Parkit Enterprise Equity-to-Asset Related Terms

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Parkit Enterprise Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Parkit Enterprise Inc (OTCPK:PKTEF) » Definitions » Equity-to-Asset

Comparable Companies

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PKT:Canada

Address

100 Canadian Road, Scarborough, ON, CAN, M1R 4Z5

Website

https://www.parkitenterprise.com

Parkit Enterprise Inc is an investment real estate platform. It is focused on the acquisition, growth, and management of strategically located industrial properties across key markets in Canada, with a focus on the Greater Toronto Area (GTA), Ottawa, and Montreal, to complement its parking assets across the United States. The Company operates in two reportable business segments: Investment Properties which involves the acquisition and management of income producing industrial properties across key markets in Canada. Parking Assets which involves the acquisition and management of income producing parking facilities across the United States. Majority of revenue is from Investment Properties.