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Pioneer Oil & Gas (Pioneer Oil & Gas) Equity-to-Asset : 0.66 (As of Jun. 2005)


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What is Pioneer Oil & Gas Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Pioneer Oil & Gas's Total Stockholders Equity for the quarter that ended in Jun. 2005 was $5.08 Mil. Pioneer Oil & Gas's Total Assets for the quarter that ended in Jun. 2005 was $7.66 Mil. Therefore, Pioneer Oil & Gas's Equity to Asset Ratio for the quarter that ended in Jun. 2005 was 0.66.

The historical rank and industry rank for Pioneer Oil & Gas's Equity-to-Asset or its related term are showing as below:

POGS'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.

Pioneer Oil & Gas Equity-to-Asset Historical Data

The historical data trend for Pioneer Oil & Gas'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.

Pioneer Oil & Gas Equity-to-Asset Chart

Pioneer Oil & Gas Annual Data
Trend Sep00 Sep01 Sep02 Sep03 Sep04
Equity-to-Asset
0.87 0.80 0.51 0.88 0.64

Pioneer Oil & Gas Quarterly Data
Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05
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 0.51 0.64 0.65 0.84 0.66

Competitive Comparison of Pioneer Oil & Gas's Equity-to-Asset

For the Oil & Gas Integrated subindustry, Pioneer Oil & Gas'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.


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

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

* The bar in red indicates where Pioneer Oil & Gas's Equity-to-Asset falls into.



Pioneer Oil & Gas 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.

Pioneer Oil & Gas's Equity to Asset Ratio for the fiscal year that ended in Sep. 2004 is calculated as

Equity to Asset (A: Sep. 2004 )=Total Stockholders Equity/Total Assets
=1.533/2.385
=0.64

Pioneer Oil & Gas's Equity to Asset Ratio for the quarter that ended in Jun. 2005 is calculated as

Equity to Asset (Q: Jun. 2005 )=Total Stockholders Equity/Total Assets
=5.076/7.659
=0.66

* 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.


Pioneer Oil & Gas  (OTCPK:POGS) 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%.


Pioneer Oil & Gas Equity-to-Asset Related Terms

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


Pioneer Oil & Gas (Pioneer Oil & Gas) Business Description

Traded in Other Exchanges
N/A
Address
1206 West South Jordan Parkway, Unit B, South Jordan, UT, USA, 84095-5512
Pioneer Oil & Gas operates in the oil and gas integrated industry. The company is engaged in the business of acquiring, developing, producing, and selling oil and gas properties to companies located in the continental United States.
Executives
Don Jared Colton director, 10 percent owner, officer: President 2172 GAMBEL OAK DR, SANDY UT 84092
Gregg B Colton director, 10 percent owner, officer: Vice President and Secretary 1206 W SOUTH JORDON PARKWAY, UNITE B, SOUTH JORDAN UT 84095

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