Pembina Pipeline Corporation CUM PFD SER A 21
Pembina Pipeline Corporation CUM PFD SER A 21 operates in various business sectors.
Pembina Pipeline Corporation CUM PFD SER A 21 (PMMBF) - Net Assets
Latest net assets as of September 2024: $17.02 Billion USD
Based on the latest financial reports, Pembina Pipeline Corporation CUM PFD SER A 21 (PMMBF) has net assets worth $17.02 Billion USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($35.41 Billion) and total liabilities ($18.39 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $17.02 Billion |
| % of Total Assets | 48.07% |
| Annual Growth Rate | 10.7% |
| 5-Year Change | 21.56% |
| 10-Year Change | N/A |
| Growth Volatility | 21.02 |
Pembina Pipeline Corporation CUM PFD SER A 21 - Net Assets Trend (2014–2023)
This chart illustrates how Pembina Pipeline Corporation CUM PFD SER A 21's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Pembina Pipeline Corporation CUM PFD SER A 21 (2014–2023)
The table below shows the annual net assets of Pembina Pipeline Corporation CUM PFD SER A 21 from 2014 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $15.81 Billion | +1.04% |
| 2022-12-31 | $15.65 Billion | +8.14% |
| 2021-12-31 | $14.47 Billion | -3.83% |
| 2020-12-31 | $15.05 Billion | +15.69% |
| 2019-12-31 | $13.01 Billion | -9.69% |
| 2018-12-31 | $14.40 Billion | +4.01% |
| 2017-12-31 | $13.85 Billion | +66.94% |
| 2016-12-31 | $8.30 Billion | +11.75% |
| 2015-12-31 | $7.42 Billion | +17.17% |
| 2014-12-31 | $6.34 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pembina Pipeline Corporation CUM PFD SER A 21's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 38967399900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $15.77 Billion | 132.14% |
| Other Comprehensive Income | $221.00 Million | 1.85% |
| Total Equity | $11.93 Billion | 100.00% |
Pembina Pipeline Corporation CUM PFD SER A 21 Competitors by Market Cap
The table below lists competitors of Pembina Pipeline Corporation CUM PFD SER A 21 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Big Tree Cloud Holdings Limited Warrants
NASDAQ:DSYWW
|
$163.96K |
|
Brachium2 Capital Corp
V:BRCB-P
|
$164.20K |
|
OUTOTEC
MU:M6Q
|
$164.21K |
|
X3 Holdings Co Ltd
NASDAQ:XTKG
|
$164.36K |
|
Velcan Holdings SA
LU:VLCN
|
$163.81K |
|
Pro-Pac Packaging Ltd
AU:PPG
|
$163.80K |
|
UPDATE SOFTWARE
BE:UP2
|
$163.74K |
|
Wells Fargo & Co Non-Cum Perp Pfd Shs -A- Series -X-
NMFQS:WFCPX
|
$163.68K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pembina Pipeline Corporation CUM PFD SER A 21's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 15,590,668,725 to 11,930,908,500, a change of -3,659,760,225 (-23.5%).
- Net income of 1,776,000,000 contributed positively to equity growth.
- Dividend payments of 1,579,000,000 reduced retained earnings.
- Share repurchases of 50,000,000 reduced equity.
- Other comprehensive income decreased equity by 117,001,019.
- Other factors decreased equity by 3,689,759,206.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.78 Billion | +14.89% |
| Dividends Paid | $1.58 Billion | -13.23% |
| Share Repurchases | $50.00 Million | -0.42% |
| Other Comprehensive Income | $-117.00 Million | -0.98% |
| Other Changes | $-3.69 Billion | -30.93% |
| Total Change | $- | -23.47% |
Book Value vs Market Value Analysis
This analysis compares Pembina Pipeline Corporation CUM PFD SER A 21's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.77x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | $0.00 | $16.65 | x |
| 2015-12-31 | $0.00 | $16.65 | x |
| 2016-12-31 | $0.00 | $16.65 | x |
| 2017-12-31 | $27.41 | $16.65 | x |
| 2018-12-31 | $28.23 | $16.65 | x |
| 2019-12-31 | $25.22 | $16.65 | x |
| 2020-12-31 | $27.25 | $16.65 | x |
| 2021-12-31 | $26.16 | $16.65 | x |
| 2022-12-31 | $28.14 | $16.65 | x |
| 2023-12-31 | $21.65 | $16.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pembina Pipeline Corporation CUM PFD SER A 21 utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.89%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.46%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 2.73x
- Recent ROE (14.89%) is above the historical average (8.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 7.02% | 6.31% | 0.54x | 2.06x | $-162.60 Million |
| 2015 | 6.42% | 8.76% | 0.36x | 2.04x | $-226.40 Million |
| 2016 | 5.62% | 10.93% | 0.28x | 1.81x | $-363.60 Million |
| 2017 | 6.46% | 16.48% | 0.21x | 1.85x | $-487.90 Million |
| 2018 | 8.91% | 17.39% | 0.28x | 1.86x | $-156.40 Million |
| 2019 | 10.62% | 24.68% | 0.22x | 1.95x | $79.84 Million |
| 2020 | -2.11% | -5.31% | 0.19x | 2.10x | $-1.82 Billion |
| 2021 | 10.98% | 18.21% | 0.27x | 2.20x | $141.73 Million |
| 2022 | 18.89% | 25.59% | 0.37x | 2.00x | $1.39 Billion |
| 2023 | 14.89% | 19.46% | 0.28x | 2.73x | $582.91 Million |
Industry Comparison
This section compares Pembina Pipeline Corporation CUM PFD SER A 21's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $21,282,152,580
- Average return on equity (ROE) among peers: 31.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pembina Pipeline Corporation CUM PFD SER A 21 (PMMBF) | $17.02 Billion | 7.02% | 1.08x | $163.88K |
| Arçelik Anonim Sirketi (ACKAF) | $59.56 Billion | 12.87% | 3.33x | $19.95K |
| Argo Group US Inc. 6.5% SR NTS 42 (ARGD) | $1.23 Billion | -15.51% | 0.05x | $232.01K |
| American Crystal Sugar Company PFD REST NON DIV (ASCS) | $316.55 Million | 254.25% | 1.77x | $54.72 Million |
| Autobacs Seven Co. Ltd (ATBSF) | $127.35 Billion | 4.24% | 0.47x | $167.34K |
| Brookfield Asset Management Inc FR PRF PERPETUAL CAD 25 Ser 2 Cls A (BKFAF) | $11.77 Billion | 6.69% | 3.72x | $76.46K |
| Bristol-Myers Squibb Company PFD CONV 2 (BMYMP) | $5.08 Billion | 14.69% | 0.67x | $9.45 Million |
| BOL Bancshares Inc. PFD (BOLBP) | $11.94 Million | 0.62% | 6.68x | $0.91 |
| NYSE LISTED TEST STOCK FOR CTS AND CQS (CBO) | $3.36 Billion | 11.17% | 0.52x | $237.68K |
| Canadian Utilities Limited 2ND PFD SER Y (CNAUF) | $4.14 Billion | 10.45% | 1.28x | $142.90K |
| Central Parking Finance Trust PFD TR CV SECS (CRLKP) | $374.10 | 13.04% | 2.96x | $224.78K |