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Pinetree Capital (TSX:PNP) Equity-to-Asset : 0.99 (As of Mar. 2024)


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What is Pinetree Capital Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Pinetree Capital's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$56.49 Mil. Pinetree Capital's Total Assets for the quarter that ended in Mar. 2024 was C$56.82 Mil. Therefore, Pinetree Capital's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.99.

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

TSX:PNP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43   Med: 0.98   Max: 0.99
Current: 0.99

During the past 13 years, the highest Equity to Asset Ratio of Pinetree Capital was 0.99. The lowest was 0.43. And the median was 0.98.

TSX:PNP's Equity-to-Asset is ranked better than
97.38% of 802 companies
in the Capital Markets industry
Industry Median: 0.5 vs TSX:PNP: 0.99

Pinetree Capital Equity-to-Asset Historical Data

The historical data trend for Pinetree Capital'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.

Pinetree Capital Equity-to-Asset Chart

Pinetree Capital 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 0.98 0.98 0.99 0.99 0.99

Pinetree Capital 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 0.99 0.99 0.99 0.99 0.99

Competitive Comparison of Pinetree Capital's Equity-to-Asset

For the Capital Markets subindustry, Pinetree Capital'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.


Pinetree Capital's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Pinetree Capital's Equity-to-Asset distribution charts can be found below:

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



Pinetree Capital 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.

Pinetree Capital'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
=45.372/45.749
=0.99

Pinetree Capital'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
=56.485/56.82
=0.99

* 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.


Pinetree Capital  (TSX:PNP) 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%.


Pinetree Capital Equity-to-Asset Related Terms

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


Pinetree Capital (TSX:PNP) Business Description

Traded in Other Exchanges
Address
1965 Queen Street East, Unit 200, Toronto, ON, CAN, M4L 1H9
Pinetree Capital Ltd is an investment and merchant banking company. It is engaged in the small-cap market with early-stage investments in resource and technology components. The company has a single reportable geographic segment, Canada. Pinetree's investment portfolio consists of investments, cash, cash equivalents, and cash due from brokers.
Executives
John Edward Somerville Bouffard Senior Officer

Pinetree Capital (TSX:PNP) Headlines

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