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Primo Water (TSX:PRMW) Equity-to-Asset : 0.41 (As of Mar. 2024)


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What is Primo Water Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Primo Water's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$1,954 Mil. Primo Water's Total Assets for the quarter that ended in Mar. 2024 was C$4,737 Mil. Therefore, Primo Water's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.41.

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

TSX:PRMW' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19   Med: 0.35   Max: 0.41
Current: 0.41

During the past 13 years, the highest Equity to Asset Ratio of Primo Water was 0.41. The lowest was 0.19. And the median was 0.35.

TSX:PRMW's Equity-to-Asset is ranked worse than
69.09% of 110 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.56 vs TSX:PRMW: 0.41

Primo Water Equity-to-Asset Historical Data

The historical data trend for Primo Water'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.

Primo Water Equity-to-Asset Chart

Primo Water Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.37 0.36 0.35 0.41

Primo Water Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.35 0.35 0.36 0.41 0.41

Competitive Comparison of Primo Water's Equity-to-Asset

For the Beverages - Non-Alcoholic subindustry, Primo Water'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.


Primo Water's Equity-to-Asset Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Primo Water's Equity-to-Asset distribution charts can be found below:

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



Primo Water 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.

Primo Water's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1933.648/4726.457
=0.41

Primo Water's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=1954.192/4737.194
=0.41

* 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.


Primo Water  (TSX:PRMW) 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%.


Primo Water Equity-to-Asset Related Terms

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


Primo Water (TSX:PRMW) Business Description

Traded in Other Exchanges
Address
1200 Britannia Road East, Mississauga, ON, CAN, L4W 4T5
Primo Water is a pure-play water provider with a variety of products and services, including water delivery, exchange, refill/filtration, and water dispensers in 21 countries, mostly in North America and Europe. The firm usually initiates the customer relationship with the sale of water dispensers, and then generates recurring revenue via the water direct and exchange services (two thirds of total sales) by delivering large-format (typically three gallons or greater) water bottles to residential and commercial customers for use atop or inside the dispensers. Primo generates 75% of revenue and all its profits in North America, while its European operation has yet to turn a profit.