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PBF Energy (PBF Energy) Equity-to-Asset : 0.47 (As of Mar. 2024)


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What is PBF Energy Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PBF Energy's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $6,456 Mil. PBF Energy's Total Assets for the quarter that ended in Mar. 2024 was $13,808 Mil. Therefore, PBF Energy's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.47.

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

PBF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14   Med: 0.27   Max: 0.47
Current: 0.47

During the past 13 years, the highest Equity to Asset Ratio of PBF Energy was 0.47. The lowest was 0.14. And the median was 0.27.

PBF's Equity-to-Asset is ranked worse than
55.49% of 1092 companies
in the Oil & Gas industry
Industry Median: 0.51 vs PBF: 0.47

PBF Energy Equity-to-Asset Historical Data

The historical data trend for PBF Energy'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.

PBF Energy Equity-to-Asset Chart

PBF Energy 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 0.33 0.16 0.17 0.36 0.45

PBF Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.39 0.43 0.46 0.45 0.47

Competitive Comparison of PBF Energy's Equity-to-Asset

For the Oil & Gas Refining & Marketing subindustry, PBF Energy'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.


PBF Energy's Equity-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PBF Energy's Equity-to-Asset distribution charts can be found below:

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



PBF Energy 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.

PBF Energy'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
=6488.3/14387.8
=0.45

PBF Energy's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=6455.9/13808.2
=0.47

* 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.


PBF Energy  (NYSE:PBF) 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%.


PBF Energy Equity-to-Asset Related Terms

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


PBF Energy (PBF Energy) Business Description

Traded in Other Exchanges
Address
One Sylvan Way, Second Floor, Parsippany, NJ, USA, 07054
PBF Energy Inc is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States. The company owns refineries in Delaware, Ohio, New Jersey, California, and Louisiana. The Company operates in two reportable business segments: Refining and Logistics. The Company's oil refineries are all engaged in the refining of crude oil and other feedstocks into petroleum products and are aggregated into the Refining segment. PBFX operates logistics assets such as crude oil and refined products terminals, pipelines and storage facilities. The Logistics segment consists solely of PBFX's operations.
Executives
Control Empresarial De Capitales S.a. De C.v. 10 percent owner, other: Add'l Rep. Persons-see Ex.99-1 INSURGENTES SUR #3500, PB, COL. PENA POBRE, DELEGACION TLALPAN, CP, MEXICO D.F. O5 14060
Trecia M Canty officer: SVP and General Counsel 1 SYLVAN WAY, 2ND FLOOR, C/O PBF ENERGY INC., PARSIPPANY NJ 07054
James E. Fedena officer: Senior Vice President 1 SYLVAN WAY, SECOND FLOOR, PARSIPPANY NJ 07054
O Connor Thomas L officer: Senior Vice President ONE SYLVAN WAY, SECOND FLOOR, PARSIPPANY NJ 07054
Damian W. Wilmot director C/O HARBORONE BANCORP, INC., 770 OAK STREET, BROCKTON MA 02301
Georganne Hodges director 2105 CITYWEST BLVD., SUITE 100, HOUSTON TX 77042
Lawrence Michael Ziemba director 600 NORTH DAIRY ASHFORD, HOUSTON TX 77079
Matthew C. Lucey officer: President C/O PBF ENERGY INC., ONE SYLVAN WAY, PARSIPPANY NJ 07054
S Eugene Edwards director P.O. BOX 696000, SAN ANTONIO TX 78269-6000
John C Barone officer: Principal Accounting Officer 1 SYLVAN WAY, SECOND FLOOR, C/O PBF ENERGY INC., PARSIPPANY NJ 07054
George E. Ogden director 1 SYLVAN WAY, SECOND FLOOR, PARSIPPANY NJ 07054
Karen Berriman Davis director 123 WEST MILLS AVENUE, SUITE 200, EL PASO TX 79901
Thomas J. Nimbley director, officer: Chief Executive Officer C/O PBF ENERGY INC., ONE SYLVAN WAY, PARSIPPANY NJ 07054
C Erik Young officer: Chief Financial Officer, SVP C/O PBF ENERGY INC., 1 SYLVAN WAY, SECOND FLOOR, PARSIPPANY NJ 07054
Tai Wendy Ho officer: Senior Vice President, HR ONE SYLVAN WAY, SECOND FLOOR, PARSIPPANY NJ 07054