Phoenix Footwear Group (Phoenix Footwear Group) Equity-to-Asset : 0.17 (As of Jun. 2023)

Phoenix Footwear Group Equity-to-Asset Chart

Phoenix Footwear Group Annual Data
	Trend	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec18	Dec19
Equity-to-Asset		Get a 7-Day Free Trial					0.34	0.31	0.27	0.08	0.07

Phoenix Footwear Group Quarterly Data
	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Mar22	Jun22	Mar23	Jun23
Equity-to-Asset	Get a 7-Day Free Trial															-	-	-	0.14	0.17

Competitive Comparison of Phoenix Footwear Group's Equity-to-Asset

For the Footwear & Accessories subindustry, Phoenix Footwear 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.

Phoenix Footwear Group's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Phoenix Footwear Group's Equity-to-Asset distribution charts can be found below:

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

Phoenix Footwear 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.

Phoenix Footwear Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Phoenix Footwear Group's Equity to Asset Ratio for the quarter that ended in Jun. 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.

Phoenix Footwear Group  (OTCPK:PXFG) 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%.

Phoenix Footwear Group Equity-to-Asset Related Terms

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Phoenix Footwear Group (Phoenix Footwear Group) Business Description