Pentanet (ASX:5GG) Equity-to-Asset

: 0.64 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Pentanet's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$28.41 Mil. Pentanet's Total Assets for the quarter that ended in Dec. 2023 was A$44.18 Mil. Therefore, Pentanet's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.64.

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

ASX:5GG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.64 Med: 0.7 Max: 0.78
Current: 0.64

During the past 4 years, the highest Equity to Asset Ratio of Pentanet was 0.78. The lowest was 0.64. And the median was 0.70.

ASX:5GG's Equity-to-Asset is ranked better than
81.42% of 393 companies
in the Telecommunication Services industry
Industry Median: 0.41 vs ASX:5GG: 0.64

Pentanet Equity-to-Asset Historical Data

The historical data trend for Pentanet'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.

Pentanet Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Equity-to-Asset

0.89

0.78

0.73

0.65

Pentanet Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset		0.76	0.73	0.67	0.65	0.64

Competitive Comparison

For the Telecom Services subindustry, Pentanet'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.

Pentanet Equity-to-Asset Distribution

For the Telecommunication Services industry and Communication Services sector, Pentanet's Equity-to-Asset distribution charts can be found below:

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

Pentanet 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.

Pentanet'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
	=	31.155	/	48.097
	=	0.65

Pentanet'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
	=	28.412	/	44.183
	=	0.64

Pentanet (ASX:5GG) 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%.

Pentanet Equity-to-Asset Related Terms

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

Pentanet (ASX:5GG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Pentanet Ltd (ASX:5GG) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 2/8 Corbusier Place, Balcatta, Perth, WA, AUS, 6021

Website

https://www.pentanet.com.au

Pentanet Ltd is a licensed telecommunications carrier and internet service provider (ISP), delivering high-speed internet services via its fixed-wireless network and other fixed-line networks. The company provides a range of services for residential, commercial, and enterprise customers. It operates in two segments namely Internet services and Gaming and technology services within Australia. The company generates maximum revenue from the Internet services segment.

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