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Promesa (Promesa) Equity-to-Asset : 0.92 (As of Dec. 2019)


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What is Promesa Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Promesa's Total Stockholders Equity for the quarter that ended in Dec. 2019 was $1.58 Mil. Promesa's Total Assets for the quarter that ended in Dec. 2019 was $1.71 Mil.

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

During the past 11 years, the highest Equity to Asset Ratio of Promesa was 0.90. The lowest was 0.81. And the median was 0.86.

PRMLF's Equity-to-Asset is not ranked *
in the Software industry.
Industry Median: 0.55
* Ranked among companies with meaningful Equity-to-Asset only.

Promesa Equity-to-Asset Historical Data

The historical data trend for Promesa'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.

Promesa Equity-to-Asset Chart

Promesa Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.85 0.90 0.81 0.95

Promesa Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 0.90 0.90 0.81 0.92 0.95

Competitive Comparison of Promesa's Equity-to-Asset

For the Software - Application subindustry, Promesa'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.


Promesa's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Promesa's Equity-to-Asset distribution charts can be found below:

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



Promesa 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.

Promesa's Equity to Asset Ratio for the fiscal year that ended in Jun. 2020 is calculated as

Equity to Asset (A: Jun. 2020 )=Total Stockholders Equity/Total Assets
=1.532/1.619
=

Promesa's Equity to Asset Ratio for the quarter that ended in Dec. 2019 is calculated as

Equity to Asset (Q: Dec. 2019 )=Total Stockholders Equity/Total Assets
=1.577/1.711
=

* 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.


Promesa  (OTCPK:PRMLF) 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%.


Promesa Equity-to-Asset Related Terms

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


Promesa (Promesa) Business Description

Traded in Other Exchanges
N/A
Address
140 Saint Georges Terrace, Level 26, Perth, WA, AUS, 6000
Thred Ltd is an Australian company that operates in the software industry. The company is engaged in developing technology platforms and mobile applications specializing in immersive media. The geographical segments of the company are Australia and Hong Kong, of which all of its revenue comes from Australia.

Promesa (Promesa) Headlines

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