PEXA Group (ASX:PXA) Equity-to-Asset : 0.71 (As of Dec. 2023)

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What is PEXA Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PEXA Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$1,237.2 Mil. PEXA Group's Total Assets for the quarter that ended in Dec. 2023 was A$1,751.0 Mil. Therefore, PEXA Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.71.

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

ASX:PXA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.64 Med: 0.76 Max: 0.78
Current: 0.71

During the past 3 years, the highest Equity to Asset Ratio of PEXA Group was 0.78. The lowest was 0.64. And the median was 0.76.

ASX:PXA's Equity-to-Asset is ranked better than
72.55% of 2852 companies
in the Software industry
Industry Median: 0.55 vs ASX:PXA: 0.71

PEXA Group Equity-to-Asset Historical Data

The historical data trend for PEXA Group'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.

PEXA Group Equity-to-Asset Chart

PEXA Group Annual Data

Trend

Jun21

Jun22

Jun23

Equity-to-Asset

0.64

0.76

0.74

PEXA Group Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.78	0.76	0.77	0.74	0.71

Competitive Comparison of PEXA Group's Equity-to-Asset

For the Software - Application subindustry, PEXA 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.

PEXA Group's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, PEXA Group's Equity-to-Asset distribution charts can be found below:

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

PEXA 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.

PEXA Group's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1241.948	/	1683.212
	=	0.74

PEXA Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	1237.198	/	1751.035
	=	0.71

PEXA Group (ASX:PXA) 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%.

PEXA Group Equity-to-Asset Related Terms

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

PEXA Group (ASX:PXA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » PEXA Group Ltd (ASX:PXA) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

727 Collins Street, Tower Four, Collins Square, Level 16, Docklands, Melbourne, VIC, AUS, 3008

Website

https://www.pexa.com.au

Pexa is an exchange business for the digital settlement and lodgment of property transactions. Pexa holds a virtual monopoly on digital settlement and lodgment in Australia, at around 99% market share, due to the business historically being supported by government mandates. Pexa is looking to expand overseas and has entered the United Kingdom market. Pexa is also looking to expand into adjacent products and services, principally in analytics.

PEXA Group (ASX:PXA) Headlines

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