GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Preformed Line Products Co (NAS:PLPC) » Definitions » Equity-to-Asset

PLPC (Preformed Line Products Co) Equity-to-Asset : 0.73 (As of Sep. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Preformed Line Products Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Preformed Line Products Co's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $429.0 Mil. Preformed Line Products Co's Total Assets for the quarter that ended in Sep. 2024 was $592.0 Mil. Therefore, Preformed Line Products Co's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.73.

The historical rank and industry rank for Preformed Line Products Co's Equity-to-Asset or its related term are showing as below:

PLPC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61   Med: 0.65   Max: 0.73
Current: 0.73

During the past 13 years, the highest Equity to Asset Ratio of Preformed Line Products Co was 0.73. The lowest was 0.61. And the median was 0.65.

PLPC's Equity-to-Asset is ranked better than
77.1% of 3026 companies
in the Industrial Products industry
Industry Median: 0.56 vs PLPC: 0.73

Preformed Line Products Co Equity-to-Asset Historical Data

The historical data trend for Preformed Line Products Co'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.

Preformed Line Products Co Equity-to-Asset Chart

Preformed Line Products Co 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 0.62 0.63 0.65 0.63 0.69

Preformed Line Products Co 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 0.66 0.69 0.71 0.73 0.73

Competitive Comparison of Preformed Line Products Co's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Preformed Line Products Co'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.


Preformed Line Products Co's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Preformed Line Products Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Preformed Line Products Co's Equity-to-Asset falls into.



Preformed Line Products Co 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.

Preformed Line Products Co'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
=416.164/603.151
=0.69

Preformed Line Products Co'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
=428.971/591.953
=0.72

* 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.


Preformed Line Products Co  (NAS:PLPC) 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%.


Preformed Line Products Co Equity-to-Asset Related Terms

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


Preformed Line Products Co Business Description

Traded in Other Exchanges
N/A
Address
660 Beta Drive, Mayfield Village, Cleveland, OH, USA, 44143
Preformed Line Products Co is a designer and manufacturer of products and systems for constructing and maintaining overhead and underground networks for energy, telecommunication, cable operators, data communication, and other industries. In addition, it provides solar hardware systems and mounting hardware for a variety of solar power applications. Its products consist of Energy Products, Communications Products, and Special Industries Products. The company's majority of the revenue is derived from the sale of products in The Americas with operations also in PLP-USA, Europe, the Middle East and Africa, and Asia-Pacific. The revenue gets driven by Energy products which comprise protecting transmission conductors, spacers, spacer-dampers, and Stockbridge dampers.
Executives
Michael E Gibbons director 15885 SPRAGUE RD, STRONGSVILLE OH 44136-1799
Katherine E. Wensink 10 percent owner 600 SUPERIOR AVENUE, EAST, SUITE 2100, CLEVELAND OH 44114
Barbara P Ruhlman Irrevocable Trust Dated 7/29/08 10 percent owner P.O. BOX 91129, CLEVELAND OH 44101
Barbara P Ruhlman Revocable Trust Dated 9/21/16 10 percent owner 660 BETA DRIVE, MAYFIELD VILLAGE OH 44143
Randall M Ruhlman 10 percent owner C/O PREFORMED LINE PRODUCTS, PO BOX 91129, CLEVELAND OH 44101
Robert G Ruhlman director, 10 percent owner C/O BAKER HOSTETLER LLP, 1900 EAST NINTH ST, CLEVELAND OH 44114
Third Restatement Of Barbara P. Ruhlman Trust Agreement, Dated November 20, 2008 10 percent owner C/O MCDONALD HOPKINS LLC, 600 SUPERIOR AVENUE, EAST SUITE 2100, CLEVELAND OH 44114
Bernard L. Karr 10 percent owner 600 SUPERIOR AVENUE, EAST, SUITE 2100, CLEVELAND OH 44114
Andrew S Klaus officer: CFO 660 BETA DRIVE, MAYFIELD VILLAGE OH 44143
John J Olenik officer: VP-Research & Engineering 660 BETA DRIVE, MAYFIELD VILLAGE OH 44143
Timothy O'shaughnessy officer: V.P. Human Resources 660 BETA DR, MAYFIELD VILLAGE OH 44143
Curlee J Cecil Jr officer: V.P. - Human Resources C/O PREFORMED LINE PRODUCTS, PO BOX 91129, CLEVELAND OH 44101
C Sunkle David officer: VP-Research & Engineering P.O. BOX 91129, CLEVELAND OH 44101
Michael A Weisbarth officer: VP-Finance & Treasurer 660 BETA DRIVE, MAYFIELD VILLAGE OH 44143
Barbara P Ruhlman 10 percent owner C/O BAKER HOSTETLER LLP, 1900 EAST NINTH ST, CLEVELAND OH 44114