PREC (Prestige Cars International) Equity-to-Asset: -0.22 (As of Sep. 2023)

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What is Prestige Cars International Equity-to-Asset?

Prestige Cars International PREC Equity-to-Asset is -0.22 as of Sep. 2023.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Prestige Cars International's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-0.32 Mil. Prestige Cars International's Total Assets for the quarter that ended in Sep. 2023 was $1.48 Mil.

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

PREC's Equity-to-Asset is not ranked *
in the Vehicles & Parts industry.
Industry Median: 0.49
* Ranked among companies with meaningful Equity-to-Asset only.

Prestige Cars International  (OTCPK:PREC) 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%.


Prestige Cars International Equity-to-Asset Related Terms


Prestige Cars International Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Prestige Cars International'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.

Prestige Cars International Equity-to-Asset Chart

Prestige Cars International Annual Data
Trend
Equity-to-Asset

Prestige Cars International Semi-Annual Data
Sep22 Sep23
Equity-to-Asset 0.00 -0.22

PREC vs NCNCF, ZAPPF, OMTK: Equity-to-Asset Comparison

For the Auto & Truck Dealerships subindustry, Prestige Cars International'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.


Prestige Cars International Equity-to-Asset vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Prestige Cars International's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Prestige Cars International's Equity-to-Asset falls into.



Prestige Cars International 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.

Prestige Cars International's Equity to Asset Ratio for the fiscal year that ended in . 20 is calculated as

Equity to Asset (A: . 20 )=Total Stockholders Equity/Total Assets
=/
=

Prestige Cars International's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=-0.324/1.482
=

* 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 -0.22 mean?
Prestige Cars International (PREC) has a Equity-to-Asset of -0.22 as of Sep. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Prestige Cars International and its competitors.
Is Prestige Cars International's Equity-to-Asset too high?
Prestige Cars International's current Equity-to-Asset is -0.22.
How does Prestige Cars International's Equity-to-Asset compare to NCNCF and ZAPPF?
Prestige Cars International's Equity-to-Asset of -0.22 can be compared against companies in the Vehicles & Parts industry. The industry median Equity-to-Asset is 0.49. 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 a Vehicles & Parts company?
The median Equity-to-Asset among Vehicles & Parts companies is 0.49, based on 1,333 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. 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 Prestige Cars International and its competitors. For the Vehicles & Parts industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prestige Cars International's current Equity-to-Asset is -0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prestige Cars International stock overvalued right now?
Prestige Cars International (PREC) has a current Equity-to-Asset of -0.22. The current Equity-to-Asset is -0.22. 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 Prestige Cars International (PREC), the current Equity-to-Asset is -0.22 as of Sep. 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.

Prestige Cars International Business Description

Address 1013 West Sunrise boulevard, Fort Lauderdale, FL, USA, 33311
Prestige Cars International Inc is engaged in restoring, buying, maintaining, selling and servicing High-End luxury European vehicles new and used and their parts world wide. The business of the company is conducted through its showroom and via the internet. The Company specializes in current and vintage Rolls Royce, Bentley, Mercedes Benz, BMW, Porsche, Jaguar, Ferrari, Aston Martin and Land Rovers. The Company services both the B2B and B2C automotive space.