Porto Aviation Group SpA (MIL:PAG) Equity-to-Asset : 0.56 (As of Dec. 2023)

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What is Porto Aviation Group SpA Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Porto Aviation Group SpA's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €3.20 Mil. Porto Aviation Group SpA's Total Assets for the quarter that ended in Dec. 2023 was €5.66 Mil. Therefore, Porto Aviation Group SpA's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.56.

The historical rank and industry rank for Porto Aviation Group SpA's Equity-to-Asset or its related term are showing as below:

MIL:PAG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38 Med: 0.48 Max: 0.56
Current: 0.56

During the past 3 years, the highest Equity to Asset Ratio of Porto Aviation Group SpA was 0.56. The lowest was 0.38. And the median was 0.48.

MIL:PAG's Equity-to-Asset is ranked better than
65.61% of 314 companies
in the Aerospace & Defense industry
Industry Median: 0.45 vs MIL:PAG: 0.56

Porto Aviation Group SpA Equity-to-Asset Historical Data

The historical data trend for Porto Aviation Group SpA'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.

Porto Aviation Group SpA Equity-to-Asset Chart

Porto Aviation Group SpA Annual Data

Trend

Dec21

Dec22

Dec23

Equity-to-Asset

0.48

0.38

0.56

Porto Aviation Group SpA Semi-Annual Data
	Dec21	Dec22	Dec23
Equity-to-Asset	0.48	0.38	0.56

Competitive Comparison of Porto Aviation Group SpA's Equity-to-Asset

For the Aerospace & Defense subindustry, Porto Aviation Group SpA'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.

Porto Aviation Group SpA's Equity-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Porto Aviation Group SpA's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Porto Aviation Group SpA's Equity-to-Asset falls into.

Porto Aviation Group SpA 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.

Porto Aviation Group SpA'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
	=	3.197	/	5.664
	=	0.56

Porto Aviation Group SpA'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
	=	3.197	/	5.664
	=	0.56

Porto Aviation Group SpA (MIL:PAG) 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%.

Porto Aviation Group SpA Equity-to-Asset Related Terms

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Porto Aviation Group SpA (MIL:PAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Porto Aviation Group SpA (MIL:PAG) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

M2N:Germany

Address

Via Confalonieri 22, Cremella, Lecco, ITA, 23894

Website

https://www.portoaviationgroup.com

Porto Aviation Group SpA designs, constructs, and markets single-engine aircraft. The group develops an activity of manufacturing aeronautical components, particularly propellers, propeller systems, control systems, wheels, braking systems, hydraulic components, fuel systems, aluminum alloy sections, and tubes.