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Pfeiffer Vacuum Technology AG (XTER:PFV) Equity-to-Asset : 0.61 (As of Sep. 2023)


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What is Pfeiffer Vacuum Technology AG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Pfeiffer Vacuum Technology AG's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €587.4 Mil. Pfeiffer Vacuum Technology AG's Total Assets for the quarter that ended in Sep. 2023 was €961.9 Mil. Therefore, Pfeiffer Vacuum Technology AG's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.61.

The historical rank and industry rank for Pfeiffer Vacuum Technology AG's Equity-to-Asset or its related term are showing as below:

XTER:PFV' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58   Med: 0.61   Max: 0.69
Current: 0.61

During the past 13 years, the highest Equity to Asset Ratio of Pfeiffer Vacuum Technology AG was 0.69. The lowest was 0.58. And the median was 0.61.

XTER:PFV's Equity-to-Asset is ranked better than
59.55% of 3026 companies
in the Industrial Products industry
Industry Median: 0.56 vs XTER:PFV: 0.61

Pfeiffer Vacuum Technology AG Equity-to-Asset Historical Data

The historical data trend for Pfeiffer Vacuum Technology AG'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.

Pfeiffer Vacuum Technology AG Equity-to-Asset Chart

Pfeiffer Vacuum Technology AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.60 0.59 0.65 0.62

Pfeiffer Vacuum Technology AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.64 0.62 0.61 0.61 0.61

Competitive Comparison of Pfeiffer Vacuum Technology AG's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Pfeiffer Vacuum Technology AG'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.


Pfeiffer Vacuum Technology AG's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pfeiffer Vacuum Technology AG's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Pfeiffer Vacuum Technology AG's Equity-to-Asset falls into.



Pfeiffer Vacuum Technology AG 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.

Pfeiffer Vacuum Technology AG's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=531.354/863.732
=0.62

Pfeiffer Vacuum Technology AG's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=587.419/961.852
=0.61

* 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.


Pfeiffer Vacuum Technology AG  (XTER:PFV) 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%.


Pfeiffer Vacuum Technology AG Equity-to-Asset Related Terms

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


Pfeiffer Vacuum Technology AG (XTER:PFV) Business Description

Traded in Other Exchanges
Address
Berliner Strasse 43, Asslar, HE, DEU, 35614
Pfeiffer Vacuum Technology AG is a Germany-based company that develops, manufactures, and markets parts and systems for vacuum generation, measurement, and analysis, and for leak detection. The company has an extensive line of solutions, products, and services, including turbo pumps, backing pumps, custom pumps, measurement and analysis equipment, and others. The company's customers primarily come from applications including semiconductors, coating, industrial purposes, and others. The company markets its products through its proprietary sales network and independent marketing agents. Pfeiffer Vacuum Technology has a global presence, with Europe, the United States, and Asia being the three biggest markets for the company.

Pfeiffer Vacuum Technology AG (XTER:PFV) Headlines

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