GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » TGC No 2 PJSC (MIC:TGKBP) » Definitions » Equity-to-Asset

TGC No 2 PJSC (MIC:TGKBP) Equity-to-Asset : 0.51 (As of Jun. 2023)


View and export this data going back to 2007. Start your Free Trial

What is TGC No 2 PJSC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TGC No 2 PJSC's Total Stockholders Equity for the quarter that ended in Jun. 2023 was ₽41,666 Mil. TGC No 2 PJSC's Total Assets for the quarter that ended in Jun. 2023 was ₽81,272 Mil. Therefore, TGC No 2 PJSC's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.51.

The historical rank and industry rank for TGC No 2 PJSC's Equity-to-Asset or its related term are showing as below:

MIC:TGKBP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19   Med: 0.28   Max: 0.51
Current: 0.51

During the past 13 years, the highest Equity to Asset Ratio of TGC No 2 PJSC was 0.51. The lowest was 0.19. And the median was 0.28.

MIC:TGKBP's Equity-to-Asset is ranked better than
68.03% of 441 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.4 vs MIC:TGKBP: 0.51

TGC No 2 PJSC Equity-to-Asset Historical Data

The historical data trend for TGC No 2 PJSC'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.

TGC No 2 PJSC Equity-to-Asset Chart

TGC No 2 PJSC 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 0.21 0.26 0.38 0.41 0.46

TGC No 2 PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.41 0.41 0.43 0.46 0.51

Competitive Comparison of TGC No 2 PJSC's Equity-to-Asset

For the Utilities - Independent Power Producers subindustry, TGC No 2 PJSC'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.


TGC No 2 PJSC's Equity-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, TGC No 2 PJSC's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where TGC No 2 PJSC's Equity-to-Asset falls into.



TGC No 2 PJSC 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.

TGC No 2 PJSC'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
=38732.652/83902.396
=0.46

TGC No 2 PJSC's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=41666.259/81271.6
=0.51

* 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.


TGC No 2 PJSC  (MIC:TGKBP) 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%.


TGC No 2 PJSC Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of TGC No 2 PJSC's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


TGC No 2 PJSC (MIC:TGKBP) Business Description

Traded in Other Exchanges
Address
Prospekt Oktyabrya, 42, Yaroslavl, RUS, 150040
TGC No 2 PJSC is heat and power generating company in the Northern and Northwest parts of Russia. The company's activities involve heat and power production as well as the sale of heat (steam and hot water) to consumers. Its enterprises are in Arkhangelsk, Vologda, Kostroma, Novgorod and Yaroslavl regions of Russia, and in Skopje (Macedonia).

TGC No 2 PJSC (MIC:TGKBP) Headlines

No Headlines