Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Pactiv Evergreen's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,345 Mil. Pactiv Evergreen's Total Assets for the quarter that ended in Dec. 2023 was $6,395 Mil.
Therefore, Pactiv Evergreen's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.21.
The historical rank and industry rank for Pactiv Evergreen's Equity-to-Asset or its related term are showing as below:
PTVE'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.05 Med: 0.11 Max: 0.21
Current: 0.21
During the past 11 years, the highest Equity to Asset Ratio of Pactiv Evergreen was 0.21. The lowest was -0.05. And the median was 0.11.
PTVE's Equity-to-Asset is ranked worse than 91.52% of 389
companies
in the Packaging & Containers industry
Industry Median: 0.56
vs PTVE: 0.21
Pactiv Evergreen Equity-to-Asset Historical Data
The historical data trend for Pactiv Evergreen'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 Pactiv Evergreen's Equity-to-Asset
For the Packaging & Containers subindustry, Pactiv Evergreen'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.
Pactiv Evergreen's Equity-to-Asset Distribution in the Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Pactiv Evergreen's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Pactiv Evergreen's Equity-to-Asset falls into.
Pactiv Evergreen 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.
Pactiv Evergreen'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.
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%.
Pactiv Evergreen Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Pactiv Evergreen's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Pactiv Evergreen (Pactiv Evergreen) Business Description
Pactiv Evergreen Inc is engaged in the business of manufacturing and distributing fresh foodservice and food merchandising products and fresh beverage cartons. It operates in three segments: Foodservice, Food Merchandising, and Beverage Merchandising. These segments manufacture a broad range of products such as food containers, drinkware, tableware, service ware, ready-to-eat food containers, clear rigid-display containers, trays for meat and poultry, molded fiber egg cartons, printed cartons, spouts & filling machines, and other products. The company's geographical segments are the United States, the Rest of North America, and Others, of which the vast majority of its revenue comes from the United States.
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