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Ocean Rig UDW (FRA:9ORN) Equity-to-Asset : 0.84 (As of Sep. 2018)


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What is Ocean Rig UDW Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ocean Rig UDW's Total Stockholders Equity for the quarter that ended in Sep. 2018 was €1,891.8 Mil. Ocean Rig UDW's Total Assets for the quarter that ended in Sep. 2018 was €2,252.8 Mil. Therefore, Ocean Rig UDW's Equity to Asset Ratio for the quarter that ended in Sep. 2018 was 0.84.

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

FRA:9ORN's Equity-to-Asset is not ranked *
in the Oil & Gas industry.
Industry Median: 0.5
* Ranked among companies with meaningful Equity-to-Asset only.

Ocean Rig UDW Equity-to-Asset Historical Data

The historical data trend for Ocean Rig UDW'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.

Ocean Rig UDW Equity-to-Asset Chart

Ocean Rig UDW Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Equity-to-Asset
Get a 7-Day Free Trial 0.39 0.39 0.41 - 0.77

Ocean Rig UDW Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.76 0.77 0.82 0.84 0.84

Competitive Comparison of Ocean Rig UDW's Equity-to-Asset

For the Oil & Gas Drilling subindustry, Ocean Rig UDW'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.


Ocean Rig UDW's Equity-to-Asset Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Ocean Rig UDW's Equity-to-Asset falls into.



Ocean Rig UDW 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.

Ocean Rig UDW's Equity to Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Equity to Asset (A: Dec. 2017 )=Total Stockholders Equity/Total Assets
=1861.721/2409.91
=0.77

Ocean Rig UDW's Equity to Asset Ratio for the quarter that ended in Sep. 2018 is calculated as

Equity to Asset (Q: Sep. 2018 )=Total Stockholders Equity/Total Assets
=1891.774/2252.839
=0.84

* 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.


Ocean Rig UDW  (FRA:9ORN) 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%.


Ocean Rig UDW Equity-to-Asset Related Terms

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Ocean Rig UDW (FRA:9ORN) Business Description

Traded in Other Exchanges
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Address
Ocean Rig UDW Inc is an international offshore drilling contractor. It provides oilfield services for offshore oil and gas exploration, development and production drilling and specializing in the ultra-deepwater and harsh-environment segment of the offshore drilling industry. The company employs drilling units primarily on a day rate basis for periods of between two months and six years to drill wells for its customers, typically major oil companies, integrated oil and gas companies, state-owned national oil companies and independent oil and gas companies.

Ocean Rig UDW (FRA:9ORN) Headlines

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