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Prudential (FRA:PRU) Equity-to-Asset : 0.10 (As of Dec. 2023)


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What is Prudential Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Prudential's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €16,344 Mil. Prudential's Total Assets for the quarter that ended in Dec. 2023 was €159,619 Mil. Therefore, Prudential's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.10.

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

FRA:PRU' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.03   Med: 0.04   Max: 0.1
Current: 0.1

During the past 13 years, the highest Equity to Asset Ratio of Prudential was 0.10. The lowest was 0.03. And the median was 0.04.

FRA:PRU's Equity-to-Asset is ranked worse than
75.25% of 493 companies
in the Insurance industry
Industry Median: 0.24 vs FRA:PRU: 0.10

Prudential Equity-to-Asset Historical Data

The historical data trend for Prudential'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.

Prudential Equity-to-Asset Chart

Prudential 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 0.04 0.04 0.10 0.10 0.10

Prudential Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.10 0.10 0.10 0.10

Competitive Comparison of Prudential's Equity-to-Asset

For the Insurance - Life subindustry, Prudential'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.


Prudential's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Prudential's Equity-to-Asset distribution charts can be found below:

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



Prudential 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.

Prudential'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
=16343.691/159618.522
=0.10

Prudential'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
=16343.691/159618.522
=0.10

* 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.


Prudential  (FRA:PRU) 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%.


Prudential Equity-to-Asset Related Terms

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


Prudential (FRA:PRU) Business Description

Address
1 Angel Court, London, GBR, EC2R 7AG
Originally established as Prudential Mutual Assurance, Investment, and Loan Association in 1848, Prudential plc has moved on a lot since then. Set up to sell life insurance and loans to the middle and then the industrializing and urbanizing working classes, the company subsequently diversified into Europe and then North America with the purchase of Jackson National Life in around 1985. During its time as owner of Jackson, Prudential focused on building out a simple chassis-style product portfolio where customers could choose a variety of add-ons. The company also became renowned for its focus on building requisite internal capabilities to support its strong product offerings, including compelling technology and a large and well-trained distribution force.