Texon Petroleum Limited (ASX:TXN) Equity-to-Asset : 0.00 (As of . 20)

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

What is Texon Petroleum Limited Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Texon Petroleum Limited's Total Stockholders Equity for the quarter that ended in . 20 was A$0.00 Mil. Texon Petroleum Limited's Total Assets for the quarter that ended in . 20 was A$0.00 Mil.

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

ASX:TXN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.82 Med: 0.91 Max: 0.96
Current: 0.96

During the past 6 years, the highest Equity to Asset Ratio of Texon Petroleum Limited was 0.96. The lowest was 0.82. And the median was 0.91.

ASX:TXN's Equity-to-Asset is not ranked
in the Oil & Gas industry.
Industry Median: 0.5 vs ASX:TXN: 0.96

Texon Petroleum Limited Equity-to-Asset Historical Data

The historical data trend for Texon Petroleum Limited'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.

Texon Petroleum Limited Equity-to-Asset Chart

Texon Petroleum Limited Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Equity-to-Asset

Get a 7-Day Free Trial

0.91

0.87

0.92

0.82

0.96

Texon Petroleum Limited Quarterly Data

Equity-to-Asset

Competitive Comparison of Texon Petroleum Limited's Equity-to-Asset

For the Oil & Gas E&P subindustry, Texon Petroleum Limited'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.

Texon Petroleum Limited's Equity-to-Asset Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Texon Petroleum Limited's Equity-to-Asset falls into.

Texon Petroleum Limited 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.

Texon Petroleum Limited's Equity to Asset Ratio for the fiscal year that ended in Dec. 2011 is calculated as

Equity to Asset (A: Dec. 2011 )	=	Total Stockholders Equity	/	Total Assets
	=	77.784	/	81.242
	=	0.96

Texon Petroleum Limited's Equity to Asset Ratio for the quarter that ended in . 20 is calculated as

Equity to Asset (Q: . 20 )	=	Total Stockholders Equity	/	Total Assets
	=		/
	=

Texon Petroleum Limited (ASX:TXN) 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%.

Texon Petroleum Limited Equity-to-Asset Related Terms

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