Savanna Energy Services (TSX:SVY) Equity-to-Asset : 0.55 (As of Mar. 2017)

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What is Savanna Energy Services Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Savanna Energy Services's Total Stockholders Equity for the quarter that ended in Mar. 2017 was C$451.5 Mil. Savanna Energy Services's Total Assets for the quarter that ended in Mar. 2017 was C$823.1 Mil. Therefore, Savanna Energy Services's Equity to Asset Ratio for the quarter that ended in Mar. 2017 was 0.55.

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

TSX:SVY'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.

Savanna Energy Services Equity-to-Asset Historical Data

The historical data trend for Savanna Energy Services'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.

Savanna Energy Services Equity-to-Asset Chart

Savanna Energy Services Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Equity-to-Asset

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0.65

0.64

0.54

0.56

0.58

Savanna Energy Services Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Equity-to-Asset	Get a 7-Day Free Trial															0.56	0.57	0.57	0.58	0.55

Competitive Comparison of Savanna Energy Services's Equity-to-Asset

For the Oil & Gas Drilling subindustry, Savanna Energy Services'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.

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

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

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

Savanna Energy Services 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.

Savanna Energy Services's Equity to Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Equity to Asset (A: Dec. 2016 )	=	Total Stockholders Equity	/	Total Assets
	=	469.195	/	813.876
	=	0.58

Savanna Energy Services's Equity to Asset Ratio for the quarter that ended in Mar. 2017 is calculated as

Equity to Asset (Q: Mar. 2017 )	=	Total Stockholders Equity	/	Total Assets
	=	451.521	/	823.068
	=	0.55

Savanna Energy Services (TSX:SVY) 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%.

Savanna Energy Services Equity-to-Asset Related Terms

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

Savanna Energy Services (TSX:SVY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Savanna Energy Services Corp (TSX:SVY) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.savannaenergy.com

Savanna Energy Services Corp was incorporated under the Alberta Business Corporations Act on March 22, 2001. It is a drilling, well servicing and oilfield rentals company with operations in Canada, the United States and Australia. It provides a variety of services in the oil and natural gas industry. The corporate segment provides management and administrative services to all of the Company's subsidiaries and their respective operations. The services segment provides well servicing services and rental equipment to the oil and gas industry. The drilling segment provides contract drilling services to the oil and gas industry. The Company's overall business is conducted through two divisions: contract drilling and oilfield services. The Company's equipment fleet is among the newest and technically in the industry and its commitment to talent and technology has enabled the Company to build a presence within the oilfield services sector. It has also expanded its customer base to international markets, diversifying geographically into growing and emerging markets. The Company operates through a number of wholly-owned subsidiaries and several partnerships with Aboriginal communities that are partially owned by the Company.

Savanna Energy Services (TSX:SVY) Headlines

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