GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Panama Power Holdings Inc (XPTY:PPHO) » Definitions » Equity-to-Asset

Panama Power Holdings (XPTY:PPHO) Equity-to-Asset : 0.49 (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Panama Power Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Panama Power Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $153.97 Mil. Panama Power Holdings's Total Assets for the quarter that ended in Dec. 2023 was $316.43 Mil. Therefore, Panama Power Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.49.

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

XPTY:PPHO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39   Med: 0.44   Max: 0.49
Current: 0.49

During the past 13 years, the highest Equity to Asset Ratio of Panama Power Holdings was 0.49. The lowest was 0.39. And the median was 0.44.

XPTY:PPHO's Equity-to-Asset is ranked better than
63.72% of 441 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.4 vs XPTY:PPHO: 0.49

Panama Power Holdings Equity-to-Asset Historical Data

The historical data trend for Panama Power Holdings'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.

Panama Power Holdings Equity-to-Asset Chart

Panama Power Holdings 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 0.45 0.46 0.46 0.48 0.49

Panama Power Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.48 0.47 0.48 0.48 0.49

Competitive Comparison of Panama Power Holdings's Equity-to-Asset

For the Utilities - Renewable subindustry, Panama Power Holdings'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.


Panama Power Holdings's Equity-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Panama Power Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Panama Power Holdings's Equity-to-Asset falls into.



Panama Power Holdings 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.

Panama Power Holdings'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
=153.968/316.433
=0.49

Panama Power Holdings'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
=153.968/316.433
=0.49

* 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.


Panama Power Holdings  (XPTY:PPHO) 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%.


Panama Power Holdings Equity-to-Asset Related Terms

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


Panama Power Holdings (XPTY:PPHO) Business Description

Traded in Other Exchanges
N/A
Address
Torre V 9th Floor, Avenida La Rotonda, Costa del Este, Panama, PAN
Panama Power Holdings Inc through its subsidiaries is involved in construction, development, and operation of renewable energy plants. It operates through four hydroelectric plants in Chiriqui, Panama.

Panama Power Holdings (XPTY:PPHO) Headlines

No Headlines