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The historical rank and industry rank for Phoenix Footwear Group's Equity-to-Asset or its related term are showing as below:
PXFG's Equity-to-Asset is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.55 * Ranked among companies with meaningful Equity-to-Asset only.
Phoenix Footwear Group (OTCPK:PXFG) 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%.
Phoenix Footwear Group Equity-to-Asset Related Terms
Phoenix Footwear Group Equity-to-Asset Historical Data
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The historical data trend for Phoenix Footwear Group'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.
PXFG vs GIII, JL, VNCE: Equity-to-Asset Comparison
For the Footwear & Accessories subindustry, Phoenix Footwear Group'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.
Phoenix Footwear Group Equity-to-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Phoenix Footwear Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Phoenix Footwear Group's Equity-to-Asset falls into.
Phoenix Footwear Group 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.
Phoenix Footwear Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Phoenix Footwear Group (PXFG) has a Equity-to-Asset of 0.12 as of Dec. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Phoenix Footwear Group and its competitors.
Is Phoenix Footwear Group's Equity-to-Asset too high?
Phoenix Footwear Group's current Equity-to-Asset is 0.12. The Manufacturing - Apparel & Accessories industry median Equity-to-Asset is 0.55. Phoenix Footwear Group's value of 0.12 is 78.2% below this industry median. Overall, Phoenix Footwear Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Phoenix Footwear Group's Equity-to-Asset compare to GIII and JL?
Phoenix Footwear Group's Equity-to-Asset of 0.12 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Equity-to-Asset is 0.55. Phoenix Footwear Group's value of 0.12 is 78.2% below this benchmark. 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 Manufacturing - Apparel & Accessories company?
The median Equity-to-Asset among Manufacturing - Apparel & Accessories companies is 0.55, based on 1,067 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. Phoenix Footwear Group's current Equity-to-Asset of 0.12 is 78.2% below the industry median. 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 Phoenix Footwear Group and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phoenix Footwear Group's current Equity-to-Asset is 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phoenix Footwear Group stock overvalued right now?
Phoenix Footwear Group (PXFG) has a current Equity-to-Asset of 0.12. The current Equity-to-Asset is 0.12 and 78.2% below the Manufacturing - Apparel & Accessories industry median of 0.55. Phoenix Footwear Group's overall GF Score™ is 12/100. 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 Phoenix Footwear Group (PXFG), the current Equity-to-Asset is 0.12 as of Dec. 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.
Phoenix Footwear Group Inc operates in the footwear industry. It is engaged in the manufacturing and distribution of footwear in a range of sizes and widths under the brand's Trotters, SoftWalk, Pendleton, Los Cabos, and Bueno. The company's distribution channels include specialty and independent retail stores, mail order catalogs, uniforms, and internet retailers. It also operates it's own direct-to-consumer internet retail business for all its brands.
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