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Postmedia Network Canada (TSX:PNC.B) Equity-to-Asset : -2.14 (As of Feb. 2024)


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What is Postmedia Network Canada Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Postmedia Network Canada's Total Stockholders Equity for the quarter that ended in Feb. 2024 was C$-303.4 Mil. Postmedia Network Canada's Total Assets for the quarter that ended in Feb. 2024 was C$141.9 Mil. Therefore, Postmedia Network Canada's Equity to Asset Ratio for the quarter that ended in Feb. 2024 was -2.14.

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

TSX:PNC.B' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.14   Med: -0.4   Max: 0.09
Current: -2.14

During the past 13 years, the highest Equity to Asset Ratio of Postmedia Network Canada was 0.09. The lowest was -2.14. And the median was -0.40.

TSX:PNC.B's Equity-to-Asset is ranked worse than
97.26% of 1060 companies
in the Media - Diversified industry
Industry Median: 0.52 vs TSX:PNC.B: -2.14

Postmedia Network Canada Equity-to-Asset Historical Data

The historical data trend for Postmedia Network Canada'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.

Postmedia Network Canada Equity-to-Asset Chart

Postmedia Network Canada Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.46 -0.49 -0.51 -0.95 -1.61

Postmedia Network Canada Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.26 -1.46 -1.61 -1.73 -2.14

Competitive Comparison of Postmedia Network Canada's Equity-to-Asset

For the Publishing subindustry, Postmedia Network Canada'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.


Postmedia Network Canada's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Postmedia Network Canada's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Postmedia Network Canada's Equity-to-Asset falls into.



Postmedia Network Canada 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.

Postmedia Network Canada's Equity to Asset Ratio for the fiscal year that ended in Aug. 2023 is calculated as

Equity to Asset (A: Aug. 2023 )=Total Stockholders Equity/Total Assets
=-272.306/169.378
=-1.61

Postmedia Network Canada's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

Equity to Asset (Q: Feb. 2024 )=Total Stockholders Equity/Total Assets
=-303.374/141.907
=-2.14

* 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.


Postmedia Network Canada  (TSX:PNC.B) 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%.


Postmedia Network Canada Equity-to-Asset Related Terms

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Postmedia Network Canada (TSX:PNC.B) Business Description

Traded in Other Exchanges
Address
365 Bloor Street East, Legal Department, 12th Floor, Toronto, ON, CAN, M4W 3L4
Postmedia Network Canada Corp is a holding company. It operates through the Newsmedia segment. The company's business consists of news and information gathering and dissemination operations, with products offered in local, regional and metropolitan markets in Canada through multiple print, online and mobile platforms. Postmedia's operations include an extensive distribution network, which also offers distribution services, for advertising flyers and parcels. The combination of these distribution platforms provides audiences with a variety of media through which to access and interact with Postmedia's content. The breadth of the company's reach and the diversity of its content enable advertisers to reach target audiences on a local, regional or national scale.

Postmedia Network Canada (TSX:PNC.B) Headlines

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