Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CPI Card Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-51.9 Mil. CPI Card Group's Total Assets for the quarter that ended in Dec. 2023 was $293.7 Mil.
Therefore, CPI Card Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.18.
The historical rank and industry rank for CPI Card Group's Equity-to-Asset or its related term are showing as below:
PMTS'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.72 Med: -0.41 Max: -0.08
Current: -0.18
During the past 12 years, the highest Equity to Asset Ratio of CPI Card Group was -0.08. The lowest was -0.72. And the median was -0.41.
PMTS's Equity-to-Asset is ranked worse than 95.56% of 540
companies
in the Credit Services industry
Industry Median: 0.365
vs PMTS: -0.18
CPI Card Group Equity-to-Asset Historical Data
The historical data trend for CPI Card Group'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.
Competitive Comparison of CPI Card Group's Equity-to-Asset
For the Credit Services subindustry, CPI Card Group'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.
CPI Card Group's Equity-to-Asset Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, CPI Card Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where CPI Card Group's Equity-to-Asset falls into.
CPI Card Group 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.
CPI Card Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
CPI Card Group (NAS:PMTS) 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%.
CPI Card Group Equity-to-Asset Related Terms
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CPI Card Group (CPI Card Group) Business Description
CPI Card Group Inc is a payment technology company engaged in providing financial payment card solutions and services. It offers credit, debit and prepaid cards. The business segments of the group are Debit and Credit, which produces Financial Payment Cards and provides integrated card services to card-issuing banks in the United States, and Prepaid Debit, which provides integrated card services to Prepaid Debit Card program managers in the United States and Others. It derives key revenue from the Debit and Credit segment.
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