Pyxis Tankers (Pyxis Tankers) Equity-to-Asset : 0.58 (As of Dec. 2023)

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What is Pyxis Tankers Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Pyxis Tankers's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $96.54 Mil. Pyxis Tankers's Total Assets for the quarter that ended in Dec. 2023 was $166.31 Mil. Therefore, Pyxis Tankers's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.58.

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

PXSAP.PFD' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29 Med: 0.38 Max: 0.58
Current: 0.58

During the past 11 years, the highest Equity to Asset Ratio of Pyxis Tankers was 0.58. The lowest was 0.29. And the median was 0.38.

PXSAP.PFD's Equity-to-Asset is ranked better than
61.9% of 1092 companies
in the Oil & Gas industry
Industry Median: 0.5 vs PXSAP.PFD: 0.58

Pyxis Tankers Equity-to-Asset Historical Data

The historical data trend for Pyxis Tankers'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.

Pyxis Tankers Equity-to-Asset Chart

Pyxis Tankers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.29

0.32

0.34

0.44

0.58

Pyxis Tankers Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.44	0.52	0.53	0.46	0.58

Competitive Comparison of Pyxis Tankers's Equity-to-Asset

For the Oil & Gas Midstream subindustry, Pyxis Tankers'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.

Pyxis Tankers's Equity-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pyxis Tankers's Equity-to-Asset distribution charts can be found below:

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

Pyxis Tankers 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.

Pyxis Tankers'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
	=	96.54	/	166.313
	=	0.58

Pyxis Tankers's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	96.54	/	166.313
	=	0.58

Pyxis Tankers (NAS:PXSAP.PFD) 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%.

Pyxis Tankers Equity-to-Asset Related Terms

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

Pyxis Tankers (Pyxis Tankers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pyxis Tankers Inc (NAS:PXSAP.PFD) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

PXS:USA

Address

59 K. Karamanli Street, Maroussi, GRC, 15125

Website

http://www.pyxistankers.com

Pyxis Tankers Inc is an international maritime transportation company that focuses on the product tanker sector. It owns a fleet that comprises double-hull product tankers employed under a mix of short- and medium-term time charters and spot charters. The fleet owned by the company includes Pyxis Epsilon, Pyxis Theta, Pyxis Malou, Northsea Alpha, and Northsea Beta. Each of the vessels in the fleet is capable of transporting refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel, fuel oil, and other liquid bulk items, such as vegetable oils and organic chemicals.