PRST (Presto Automation) Equity-to-Asset: -2.85 (As of Mar. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Presto Automation Equity-to-Asset?

Presto Automation PRST -99.00% Equity-to-Asset is -2.85 as of Mar. 2024.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Presto Automation's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $-58.17 Mil. Presto Automation's Total Assets for the quarter that ended in Mar. 2024 was $20.43 Mil. Therefore, Presto Automation's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was -2.85.

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

PRST's Equity-to-Asset is not ranked *
in the Software industry.
Industry Median: 0.56
* Ranked among companies with meaningful Equity-to-Asset only.

Presto Automation  (OTCPK:PRST) 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%.

Presto Automation Equity-to-Asset Related Terms

Presto Automation Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Presto Automation'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.

Presto Automation Equity-to-Asset Chart

Presto Automation Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
-0.40 -1.00 -4.01 -0.97

Presto Automation Quarterly Data
Jun20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.46 -0.97 -1.06 -1.36 -2.85

PRST vs BOMO, CRM, INTU: Equity-to-Asset Comparison

For the Software - Application subindustry, Presto Automation'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.

Presto Automation Equity-to-Asset vs Software Industry

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

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


Presto Automation 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.

Presto Automation's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=-45.227/46.687
=-0.97

Presto Automation's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=-58.168/20.432
=-2.85

* 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 -2.85 mean?
Presto Automation (PRST) has a Equity-to-Asset of -2.85 as of Mar. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Presto Automation and its competitors.
Is Presto Automation's Equity-to-Asset too high?
Presto Automation's current Equity-to-Asset is -2.85.
How does Presto Automation's Equity-to-Asset compare to BOMO and CRM?
Presto Automation's Equity-to-Asset of -2.85 can be compared against companies in the Software industry. The industry median Equity-to-Asset is 0.56. 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 Software company?
The median Equity-to-Asset among Software companies is 0.56, based on 2,887 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 Presto Automation and its competitors. For the Software industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Presto Automation's current Equity-to-Asset is -2.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Presto Automation stock overvalued right now?
Presto Automation (PRST) has a current Equity-to-Asset of -2.85. The current Equity-to-Asset is -2.85. 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 Presto Automation (PRST), the current Equity-to-Asset is -2.85 as of Mar. 2024. 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.

Presto Automation Business Description

Address 985 Industrial Road, San Carlos, CA, USA, 94070
Presto Automation Inc overlays next-gen digital solutions onto the physical world. It provides an accurate, next-gen solution that uses artificial intelligence to automate speech recognition for restaurant drive-thru. The Company earns substantially all of its revenue in the United States.