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Photronics (FRA:PQ2) Equity-to-Asset : 0.65 (As of Jan. 2024)


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What is Photronics Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Photronics's Total Stockholders Equity for the quarter that ended in Jan. 2024 was €939.1 Mil. Photronics's Total Assets for the quarter that ended in Jan. 2024 was €1,453.0 Mil. Therefore, Photronics's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.65.

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

FRA:PQ2' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58   Med: 0.66   Max: 0.73
Current: 0.65

During the past 13 years, the highest Equity to Asset Ratio of Photronics was 0.73. The lowest was 0.58. And the median was 0.66.

FRA:PQ2's Equity-to-Asset is ranked better than
53.09% of 1002 companies
in the Semiconductors industry
Industry Median: 0.63 vs FRA:PQ2: 0.65

Photronics Equity-to-Asset Historical Data

The historical data trend for Photronics'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.

Photronics Equity-to-Asset Chart

Photronics Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.68 0.64 0.63 0.64

Photronics Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.64 0.64 0.64 0.64 0.65

Competitive Comparison of Photronics's Equity-to-Asset

For the Semiconductor Equipment & Materials subindustry, Photronics'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.


Photronics's Equity-to-Asset Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Photronics's Equity-to-Asset distribution charts can be found below:

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



Photronics 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.

Photronics's Equity to Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Equity to Asset (A: Oct. 2023 )=Total Stockholders Equity/Total Assets
=923.333/1445.331
=0.64

Photronics's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=939.074/1453.043
=0.65

* 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.


Photronics  (FRA:PQ2) 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%.


Photronics Equity-to-Asset Related Terms

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


Photronics (FRA:PQ2) Business Description

Traded in Other Exchanges
Address
15 Secor Road, Brookfield, CT, USA, 06804
Photronics Inc is a U.S.-based company that is principally engaged in manufacturing photomasks. The photomasks are photographic quartz plates that contain microscopic images of electronic circuits that are used as a component in the manufacture of integrated circuits and flat-panel displays. The revenue from products designed for integrated circuits production accounts for the majority of total revenue, with the rest derived from products for flat-panel display production. The company's assets are located in Taiwan, Korea, and the United States. It generates revenue worldwide, including in the United States, Europe, Taiwan, Korea, China, and elsewhere in Asia, with Taiwan contributing the majority of total revenue.

Photronics (FRA:PQ2) Headlines

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