Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Perpetual Industries's Total Stockholders Equity for the quarter that ended in Dec. 2022 was $7.97 Mil. Perpetual Industries's Total Assets for the quarter that ended in Dec. 2022 was $10.37 Mil.
Therefore, Perpetual Industries's Equity to Asset Ratio for the quarter that ended in Dec. 2022 was 0.77.
The historical rank and industry rank for Perpetual Industries's Equity-to-Asset or its related term are showing as below:
PRPI'
s Equity-to-Asset Range Over the Past 10 Years
Min: -45 Med: -35.97 Max: 0.77
Current: 0.77
During the past 5 years, the highest Equity to Asset Ratio of Perpetual Industries was 0.77. The lowest was -45.00. And the median was -35.97.
PRPI's Equity-to-Asset is ranked better than 81.79% of 3031
companies
in the Industrial Products industry
Industry Median: 0.56
vs PRPI: 0.77
Perpetual Industries Equity-to-Asset Historical Data
The historical data trend for Perpetual Industries'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.
Perpetual Industries Equity-to-Asset Chart
Perpetual Industries Annual Data
Trend
Jul13
Jul14
Jul15
Dec21
Dec22
Equity-to-Asset
-36.47
-45.00
-35.97
0.74
0.77
Perpetual Industries Semi-Annual Data
Jul13
Jul14
Jul15
Dec21
Dec22
Equity-to-Asset
-36.47
-45.00
-35.97
0.74
0.77
Competitive Comparison of Perpetual Industries's Equity-to-Asset
For the Specialty Industrial Machinery subindustry, Perpetual Industries'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.
Perpetual Industries's Equity-to-Asset Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Perpetual Industries's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Perpetual Industries's Equity-to-Asset falls into.
Perpetual Industries 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.
Perpetual Industries's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 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.
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%.
Perpetual Industries Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Perpetual Industries's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Perpetual Industries (Perpetual Industries) Business Description
Perpetual Industries Inc is engaged in the research, development, and commercialization of energy efficient products. The company's proprietary XYO Mechanical Balancing Technology is designed to harness rotor displacement energy and delivers solutions for inefficiencies that commonly affect rotating equipment, machinery, and devices. The firm is expanding expertise and knowledge of energy-efficient technology by developing low-cost, green energy solutions for various industries, including artificial intelligence, blockchain mining, graphic rendering, renewable energy, cloud computing and the internet of things, while continuing research, development, and commercialization of its proprietary XYO Balancing Technology in key applications.
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