GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gulfslope Energy Inc (OTCPK:GSPE) » Definitions » Equity-to-Asset

Gulfslope Energy (Gulfslope Energy) Equity-to-Asset : -1.74 (As of Jun. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Gulfslope Energy Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gulfslope Energy's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-9.35 Mil. Gulfslope Energy's Total Assets for the quarter that ended in Jun. 2023 was $5.37 Mil.

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

GSPE' s Equity-to-Asset Range Over the Past 10 Years
Min: -5.84   Med: -0.45   Max: 0.17
Current: -1.74

During the past 13 years, the highest Equity to Asset Ratio of Gulfslope Energy was 0.17. The lowest was -5.84. And the median was -0.45.

GSPE's Equity-to-Asset is ranked worse than
96.88% of 1091 companies
in the Oil & Gas industry
Industry Median: 0.51 vs GSPE: -1.74

Gulfslope Energy Equity-to-Asset Historical Data

The historical data trend for Gulfslope 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.

Gulfslope Energy Equity-to-Asset Chart

Gulfslope Energy Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.22 -0.01 0.13 - -1.56

Gulfslope Energy Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -0.47 -1.56 -1.65 -1.72 -1.74

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

For the Oil & Gas E&P subindustry, Gulfslope 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.


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

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

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



Gulfslope 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.

Gulfslope Energy's Equity to Asset Ratio for the fiscal year that ended in Sep. 2022 is calculated as

Equity to Asset (A: Sep. 2022 )=Total Stockholders Equity/Total Assets
=-8.52/5.471
=

Gulfslope Energy's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=-9.348/5.366
=

* 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.


Gulfslope Energy  (OTCPK:GSPE) 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%.


Gulfslope Energy Equity-to-Asset Related Terms

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


Gulfslope Energy (Gulfslope Energy) Business Description

Traded in Other Exchanges
N/A
Address
1000 Main Street, Suite 2300, Houston, TX, USA, 77002
Gulfslope Energy Inc is a part of the oil and gas markets. It is a crude oil and natural gas exploration and production company. The company's activities are focused on the shelf area of the Gulf of Mexico. It is focused on identifying and acquiring oil and gas prospects. It has licensed three-dimensional seismic data and has evaluated this data using interpretation technologies.
Executives
Delek Group, Ltd. 10 percent owner 19 ABBA EBAN BLVD, P.O.B. 2054, HERZLIYA L3 4612001
Itshak Sharon 10 percent owner 7, GIBOREI ISRAEL STREET, P.O.B. 8464, INDUSTRIAL ZONE SOUTH, NETANYA L3 42504
Delek Gom Holdings, Llc 10 percent owner C/O THE CORPORATION TRUST COMPANY, 1209 ORANGE STREET, WILMINGTON DE 19801
Delek Gom Investments, Llc 10 percent owner C/O THE CORPORATION TRUST COMPANY, 1209 ORANGE STREET, WILMINGTON DE 19801
Dkl Investments Ltd 10 percent owner C/O CRESTBRIDGE LIMITED, 47 ESPLANADE, ST HELIER Y9 JE1 0BD
John Malanga officer: Chief Financial Officer 2500 CITY WEST, SUITE 800, HOUSTON TX 77042
Richard S Langdon director
Paul L Morris director 1004 NORTH BIG SPRING STREET, MIDLAND TX 79701
James M. Askew director, 10 percent owner 3 RIVERWAY, STE. 1800, HOUSTON TX 77056
Brady Douglas Rodgers officer: VICE PRESIDENT 2500 CITYWEST BLVD, HOUSTON TX 77042
Ronald A Bain officer: President and COO 1001 FANNIN STREET, HOUSTON TX 77002
Moore Dwight Clint M officer: Vice President and Secretary 2500 CITY WEST, SUITE 800, HOUSTON TX 77042
John N Seitz 10 percent owner 4203 YOAKUM BLVD, SUITE 100, HOUSTON TX 77006
Connally John B Iii other: FORMER 10% OWNER 16MARCUS CO, 1600 ROCKCLIFF ROAD, AUSTIN TX 78746
Michael Doolin 10 percent owner 5 PEPPERWOOD DRIVE, SANDY UT 84092