GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Vanguard Natural Resources LLC (OTCPK:VNRCQ.PFD) » Definitions » Equity-to-Asset

Vanguard Natural Resources LLC (Vanguard Natural Resources LLC) Equity-to-Asset : -0.09 (As of Jun. 2019)


View and export this data going back to 2014. Start your Free Trial

What is Vanguard Natural Resources LLC Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vanguard Natural Resources LLC's Total Stockholders Equity for the quarter that ended in Jun. 2019 was $-99.66 Mil. Vanguard Natural Resources LLC's Total Assets for the quarter that ended in Jun. 2019 was $1,131.54 Mil. Therefore, Vanguard Natural Resources LLC's Equity to Asset Ratio for the quarter that ended in Jun. 2019 was -0.09.

The historical rank and industry rank for Vanguard Natural Resources LLC's Equity-to-Asset or its related term are showing as below:

VNRCQ.PFD' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.75   Med: 0.23   Max: 0.63
Current: -0.09

During the past 13 years, the highest Equity to Asset Ratio of Vanguard Natural Resources LLC was 0.63. The lowest was -0.75. And the median was 0.23.

VNRCQ.PFD's Equity-to-Asset is not ranked
in the Oil & Gas industry.
Industry Median: 0.5 vs VNRCQ.PFD: -0.09

Vanguard Natural Resources LLC Equity-to-Asset Historical Data

The historical data trend for Vanguard Natural Resources LLC'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.

Vanguard Natural Resources LLC Equity-to-Asset Chart

Vanguard Natural Resources LLC Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 -0.03 -0.69 0.24 0.23

Vanguard Natural Resources LLC Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 0.20 0.18 0.23 0.19 -0.09

Competitive Comparison of Vanguard Natural Resources LLC's Equity-to-Asset

For the Oil & Gas E&P subindustry, Vanguard Natural Resources LLC'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.


Vanguard Natural Resources LLC's Equity-to-Asset Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Vanguard Natural Resources LLC's Equity-to-Asset falls into.



Vanguard Natural Resources LLC 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.

Vanguard Natural Resources LLC's Equity to Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Equity to Asset (A: Dec. 2018 )=Total Stockholders Equity/Total Assets
=353.525/1520.102
=0.23

Vanguard Natural Resources LLC's Equity to Asset Ratio for the quarter that ended in Jun. 2019 is calculated as

Equity to Asset (Q: Jun. 2019 )=Total Stockholders Equity/Total Assets
=-99.661/1131.535
=-0.09

* 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.


Vanguard Natural Resources LLC  (OTCPK:VNRCQ.PFD) 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%.


Vanguard Natural Resources LLC Equity-to-Asset Related Terms

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


Vanguard Natural Resources LLC (Vanguard Natural Resources LLC) Business Description

Traded in Other Exchanges
N/A
Address
5847 San Felipe, Suite 3000, Houston, TX, USA, 77057
Grizzly Energy LLC is an onshore energy company. The company is focused on the acquisition and development of oil and natural gas properties in the United States. Its properties comprise of Anadarko, Arkoma, Big Horn, Green River, Gulf Coast and Permian.

Vanguard Natural Resources LLC (Vanguard Natural Resources LLC) Headlines