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Pintec Technology Holdings (Pintec Technology Holdings) Equity-to-Asset : -2.41 (As of Jun. 2023)


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What is Pintec Technology Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Pintec Technology Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-51.78 Mil. Pintec Technology Holdings's Total Assets for the quarter that ended in Jun. 2023 was $21.52 Mil. Therefore, Pintec Technology Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was -2.41.

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

PT' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.41   Med: -0.03   Max: 0.45
Current: -2.41

During the past 7 years, the highest Equity to Asset Ratio of Pintec Technology Holdings was 0.45. The lowest was -2.41. And the median was -0.03.

PT's Equity-to-Asset is ranked worse than
97.78% of 540 companies
in the Credit Services industry
Industry Median: 0.37 vs PT: -2.41

Pintec Technology Holdings Equity-to-Asset Historical Data

The historical data trend for Pintec Technology Holdings'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.

Pintec Technology Holdings Equity-to-Asset Chart

Pintec Technology Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial 0.45 0.12 -0.12 -0.30 -0.76

Pintec Technology Holdings Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -0.20 -0.30 -0.56 -0.76 -2.41

Competitive Comparison of Pintec Technology Holdings's Equity-to-Asset

For the Credit Services subindustry, Pintec Technology Holdings'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.


Pintec Technology Holdings's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Pintec Technology Holdings's Equity-to-Asset distribution charts can be found below:

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



Pintec Technology Holdings 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.

Pintec Technology Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=-57.668/75.86
=-0.76

Pintec Technology Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=-51.776/21.518
=-2.41

* 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.


Pintec Technology Holdings  (NAS:PT) 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%.


Pintec Technology Holdings Equity-to-Asset Related Terms

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Pintec Technology Holdings (Pintec Technology Holdings) Business Description

Traded in Other Exchanges
N/A
Address
No. 109 Yard Tianjizhigu, 3rd Floor, No. 11 Building, Jinghai 3rd Street, BDA, Beijing, CHN, 101111
Pintec Technology Holdings Ltd is a technology platform that provides financial services in China in terms of loan volume facilitated. The company connects business partners and financial partners on its open platform and enables them to provide financial services to end-users. Its products include installment loans, personal loans, wealth management, insurance brokerage, SME loans, and others. The company generates its revenue from technical service fees also by providing financing for these borrowers and earn installment service fees, They earn wealth management services fees and commission on financial products.