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PRYMF (Prysmian SpA) Equity-to-Asset : 0.28 (As of Sep. 2024)


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What is Prysmian SpA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Prysmian SpA's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $5,254 Mil. Prysmian SpA's Total Assets for the quarter that ended in Sep. 2024 was $19,016 Mil. Therefore, Prysmian SpA's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.28.

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

PRYMF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.23   Max: 0.32
Current: 0.28

During the past 13 years, the highest Equity to Asset Ratio of Prysmian SpA was 0.32. The lowest was 0.17. And the median was 0.23.

PRYMF's Equity-to-Asset is ranked worse than
89.23% of 3026 companies
in the Industrial Products industry
Industry Median: 0.56 vs PRYMF: 0.28

Prysmian SpA Equity-to-Asset Historical Data

The historical data trend for Prysmian SpA'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.

Prysmian SpA Equity-to-Asset Chart

Prysmian SpA 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 0.23 0.23 0.24 0.28 0.28

Prysmian SpA 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 0.30 0.28 0.30 0.32 0.28

Competitive Comparison of Prysmian SpA's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, Prysmian SpA'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.


Prysmian SpA's Equity-to-Asset Distribution in the Industrial Products Industry

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

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



Prysmian SpA 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.

Prysmian SpA'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
=4123.228/14528.899
=0.28

Prysmian SpA'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
=5254.162/19015.538
=0.28

* 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.


Prysmian SpA  (OTCPK:PRYMF) 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%.


Prysmian SpA Equity-to-Asset Related Terms

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Prysmian SpA Business Description

Address
Via Chiese 6, MIlan, ITA, 20126
Prysmian SpA is an Italian manufacturer of electric power transmission and telecommunications cables and systems. Its business is organized in three segments--Projects, which focuses on the execution of underground and submarine cable projects; Energy Products, which provides power distribution, and industrial and network components; and Telecom, which makes cable systems and connectivity products. More than half of the firm's revenue is generated in the Europe, Middle East, and Africa regions, with the rest coming from North America, Latin America, and Asia-Pacific regions.

Prysmian SpA Headlines