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Pizza Pizza Royalty (TSX:PZA) Equity-to-Asset : 0.79 (As of Dec. 2023)


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What is Pizza Pizza Royalty Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Pizza Pizza Royalty's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$293.91 Mil. Pizza Pizza Royalty's Total Assets for the quarter that ended in Dec. 2023 was C$370.09 Mil. Therefore, Pizza Pizza Royalty's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.79.

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

TSX:PZA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.79   Med: 0.8   Max: 0.82
Current: 0.79

During the past 13 years, the highest Equity to Asset Ratio of Pizza Pizza Royalty was 0.82. The lowest was 0.79. And the median was 0.80.

TSX:PZA's Equity-to-Asset is ranked better than
97.43% of 350 companies
in the Restaurants industry
Industry Median: 0.37 vs TSX:PZA: 0.79

Pizza Pizza Royalty Equity-to-Asset Historical Data

The historical data trend for Pizza Pizza Royalty'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.

Pizza Pizza Royalty Equity-to-Asset Chart

Pizza Pizza Royalty 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 0.80 0.80 0.80 0.80 0.79

Pizza Pizza Royalty Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 0.80 0.80 0.80 0.80 0.79

Competitive Comparison of Pizza Pizza Royalty's Equity-to-Asset

For the Restaurants subindustry, Pizza Pizza Royalty'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.


Pizza Pizza Royalty's Equity-to-Asset Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Pizza Pizza Royalty's Equity-to-Asset distribution charts can be found below:

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



Pizza Pizza Royalty 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.

Pizza Pizza Royalty'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
=293.908/370.092
=0.79

Pizza Pizza Royalty'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
=293.908/370.092
=0.79

* 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.


Pizza Pizza Royalty  (TSX:PZA) 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%.


Pizza Pizza Royalty Equity-to-Asset Related Terms

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


Pizza Pizza Royalty (TSX:PZA) Business Description

Traded in Other Exchanges
Address
500 Kipling Avenue, Toronto, ON, CAN, M8Z 5E5
Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick-service restaurants under the Pizza Pizza and Pizza 73 brands. It offers a flavorful, varied, and high-quality menu to pizza-lovers of all ages and tastes and it is composed of more than 600 traditional and non-traditional restaurants coast to coast, employing over 3,000 Canadians. The business activity of the group primarily functions in Canada.