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PALM CI (XBRV:PALC) Equity-to-Asset : 0.63 (As of Dec. 2023)


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What is PALM CI Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PALM CI's Total Stockholders Equity for the quarter that ended in Dec. 2023 was XOF128,875 Mil. PALM CI's Total Assets for the quarter that ended in Dec. 2023 was XOF205,938 Mil. Therefore, PALM CI's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.63.

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

XBRV:PALC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5   Med: 0.61   Max: 0.69
Current: 0.63

During the past 13 years, the highest Equity to Asset Ratio of PALM CI was 0.69. The lowest was 0.50. And the median was 0.61.

XBRV:PALC's Equity-to-Asset is ranked better than
62.85% of 1930 companies
in the Consumer Packaged Goods industry
Industry Median: 0.55 vs XBRV:PALC: 0.63

PALM CI Equity-to-Asset Historical Data

The historical data trend for PALM CI'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.

PALM CI Equity-to-Asset Chart

PALM CI 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 0.52 0.50 0.66 0.62 0.63

PALM CI Semi-Annual Data
Dec09 Dec10 Dec11 Dec13 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.52 0.50 0.66 0.62 0.63

Competitive Comparison of PALM CI's Equity-to-Asset

For the Farm Products subindustry, PALM CI'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.


PALM CI's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PALM CI's Equity-to-Asset distribution charts can be found below:

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


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PALM CI 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.

PALM CI'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
=128875.431/205938.435
=0.63

PALM CI'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
=128875.431/205938.435
=0.63

* 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.


PALM CI  (XBRV:PALC) 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%.


PALM CI Equity-to-Asset Related Terms

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


PALM CI Business Description

Traded in Other Exchanges
N/A
Address
Siege Abidjan, boulevard du Havre, Abidjan, CIV
PALM CI produces and markets crude palm oil. It also cultivates palm plants.