Premier Foods (Premier Foods) Equity-to-Asset : 0.57 (As of Sep. 2023)

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What is Premier Foods Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Premier Foods's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $1,639 Mil. Premier Foods's Total Assets for the quarter that ended in Sep. 2023 was $2,877 Mil. Therefore, Premier Foods's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.57.

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

PFODF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.01 Med: 0.43 Max: 0.6
Current: 0.57

During the past 13 years, the highest Equity to Asset Ratio of Premier Foods was 0.60. The lowest was 0.01. And the median was 0.43.

PFODF's Equity-to-Asset is ranked better than
55.16% of 1918 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs PFODF: 0.57

Premier Foods Equity-to-Asset Historical Data

The historical data trend for Premier Foods'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.

Premier Foods Equity-to-Asset Chart

Premier Foods Annual Data

Trend

Dec12

Dec13

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

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0.43

0.55

0.52

0.60

0.58

Premier Foods Semi-Annual Data
	Jun13	Dec13	Jun14	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial															0.53	0.60	0.60	0.58	0.57

Competitive Comparison of Premier Foods's Equity-to-Asset

For the Packaged Foods subindustry, Premier Foods'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.

Premier Foods's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

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

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

Premier Foods 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.

Premier Foods's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1706.311	/	2919.782
	=	0.58

Premier Foods's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1639.48	/	2877.475
	=	0.57

Premier Foods (OTCPK:PFODF) 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%.

Premier Foods Equity-to-Asset Related Terms

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

Premier Foods (Premier Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Premier Foods PLC (OTCPK:PFODF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

PRRFY:USA PFDl:UK PFD:UK FOJ1:Germany

Address

Premier House, Griffiths Way, Centrium Business Park, Saint Albans, Hertfordshire, GBR, AL1 2RE

Website

https://www.premierfoods.co.uk

Premier Foods PLC is a food manufacturing company. It manufactures, processes, and distributes food products. The company's operating segments include Grocery and Sweet Treats. Grocery segment primarily sells savoury ambient food products. The Sweet Treats segment sells sweet ambient food products. It generates maximum revenue from the Grocery segment. Geographically, it derives a majority of its revenue from the United Kingdom and also has a presence in Other Europe and Rest of world. Some of the company brands include Ambrosia, Angel Delight, Atora, Batchelors, Be-Ro, Bird's, Bisto, Cadbury, Coffee Compliment, Homepride, and others.

Premier Foods (Premier Foods) Headlines

From GuruFocus

Premier Foods Gets a Write-Up in Barron's

By Holmes Osborne, CFA Holmes Osborne, CFA • 01-13-2020

Premier Foods PLC Stock Shows Every Sign Of Being Significantly Overvalued

By GF Value • 07-10-2021

John Paulson Urges Premier Foods to Take Buyout Offer

By Holly LaFon Holly LaFon • 03-28-2016