Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. PNE AG's Total Liabilities for the quarter that ended in Jun. 2026 was €997.1 Mil. PNE AG's Total Assets for the quarter that ended in Jun. 2026 was €1,128.6 Mil.
Therefore, PNE AG's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2026 was 0.88.
PNE AG (MIL:1PNE) Liabilities-to-Assets Explanation
Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.
PNE AG Liabilities-to-Assets Related Terms
PNE AG Liabilities-to-Assets Historical Data
* Premium members only.
The historical data trend for PNE AG's Liabilities-to-Assets 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.
PNE AG Liabilities-to-Assets Competitor Comparison
For the Utilities - Renewable subindustry, PNE AG's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.
PNE AG Liabilities-to-Assets vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, PNE AG's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where PNE AG's Liabilities-to-Assets falls into.
Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.
PNE AG's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2025 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.
PNE AG (MIL:1PNE) has a Liabilities-to-Assets of 0.88 as of Jun. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on PNE AG and its competitors.
Is PNE AG's Liabilities-to-Assets too high?
PNE AG's current Liabilities-to-Assets is 0.88. Overall, PNE AG has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PNE AG's Liabilities-to-Assets compare to competitors?
PNE AG's Liabilities-to-Assets of 0.88 can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for an Utilities - Independent Power Producers company?
A good Liabilities-to-Assets depends on the Utilities - Independent Power Producers industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on PNE AG and its competitors. PNE AG's current Liabilities-to-Assets is 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PNE AG stock overvalued right now?
Based on GuruFocus' analysis, PNE AG (MIL:1PNE) is currently considered Possible Value Trap. The stock's GF Value™ is €20.42, compared to a current price of €7.23 — trading 64.6% below its estimated fair value. The current Liabilities-to-Assets is 0.88. PNE AG's overall GF Score™ is 50/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For PNE AG (MIL:1PNE), the current Liabilities-to-Assets is 0.88 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is PNE AG (MIL:1PNE) Overvalued in 2026?
Based on GuruFocus' analysis, PNE AG stock appears to be undervalued.
The current stock price of €7.23 is trading 64.6% below its estimated GF Value™ of €20.42.
GuruFocus considers PNE AG to be Possible Value Trap.
Key valuation signals for MIL:1PNE:
Liabilities-to-Assets: 0.88
GF Value™: €20.42 vs. price of €7.23 (64.6% below fair value)
No single metric tells the full story. See the MIL:1PNE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PNE AG is a developer of projects in the renewable energy sector. The company's core business is the project development as well the construction and operation of onshore and offshore wind farms. It operates in three segments: project development (project planning of wind energy and photovoltaic projects), power generation, and services (management and servicing of wind farms and PV power plants as well as revenues from transformer station usage fees). In the power generation segment, revenues were achieved by the sale of electricity from ongoing operations of wind farms and of the Silbitz biomass power station. Key revenue is generated from power generation segment.
50GF Score
Get the complete analysis for MIL:1PNE
Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIL:1PNE has been successfully added to your 
