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Continental Resources (Continental Resources) Equity-to-Asset : 0.44 (As of Sep. 2022)


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What is Continental Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Continental Resources's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $9,935 Mil. Continental Resources's Total Assets for the quarter that ended in Sep. 2022 was $22,412 Mil. Therefore, Continental Resources's Equity to Asset Ratio for the quarter that ended in Sep. 2022 was 0.44.

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

CLR's Equity-to-Asset is not ranked *
in the Oil & Gas industry.
Industry Median: 0.51
* Ranked among companies with meaningful Equity-to-Asset only.

Continental Resources Equity-to-Asset Historical Data

The historical data trend for Continental Resources'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.

Continental Resources Equity-to-Asset Chart

Continental Resources Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.40 0.43 0.41 0.40

Continental Resources Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.44 0.40 0.40 0.43 0.44

Competitive Comparison of Continental Resources's Equity-to-Asset

For the Oil & Gas E&P subindustry, Continental Resources'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.


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

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

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



Continental Resources 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.

Continental Resources's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Equity to Asset (A: Dec. 2021 )=Total Stockholders Equity/Total Assets
=7475.456/18591.111
=0.40

Continental Resources's Equity to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Equity to Asset (Q: Sep. 2022 )=Total Stockholders Equity/Total Assets
=9935.193/22411.776
=0.44

* 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.


Continental Resources  (NYSE:CLR) 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%.


Continental Resources Equity-to-Asset Related Terms

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


Continental Resources (Continental Resources) Business Description

Traded in Other Exchanges
N/A
Address
20 North Broadway, Oklahoma City, OK, USA, 73102
Continental Resources is a U.S. oil and gas producer targeting in the Bakken Shale in North Dakota, the Delaware Basin in Texas, and the Scoop/Stack plays in Oklahoma. At the end of 2021, the company reported net proven reserves of 1.6 billion barrels of oil equivalent. Net production averaged 330 thousand barrels of oil equivalent per day in 2020, at a ratio of 49% oil and 51% natural gas and NGLs.
Executives
Timothy Garth Taylor director P.O. BOX 268836, OKLAHOMA CITY OK 73102
Robert Hagens officer: SVP, Land P.O. BOX 268836, 20 N. BROADWAY, OKLAHOMA CITY OK 73126
James R Webb officer: SVP, GC & Secretary 20 N. BROADWAY, OKLAHOMA CITY OK 73102
Robert D. Lawler officer: President & COO 6100 N WESTERN AVE, OKLAHOMA CITY OK 73118
Mcnabb John T Ii director 17 EASTWOOD ROAD, ASHEVILLE NC 28803
Ellis L Mccain director C/O CONTANGO OIL & GAS COMPANY, 717 TEXAS AVENUE, SUITE 2900, HOUSTON TX 77002
Mark E Monroe director 7130 S LEWIS 10TH FL, TULSA OK 74136
John D Hart director, officer: CFO, EVP of Strategic Planning 20 NORTH BROADWAY, OKLAHOMA CITY OK 73102
William B Berry director, officer: Chief Executive Officer C/O WILBROS USA, INC., 4400 POST OAK PARKWAY, STE. 1000, HOUSTON TX 77027
Jeff B Hume officer: Vice Chairman of SGI 20 NORTH BROADWAY, OKLAHOMA CITY OK 73102
Jack H Stark director, officer: Sr. V.P. Exploration 20 NORTH BROADWAY, OKLAHOMA CITY OK 73102
Harold Hamm director, 10 percent owner, officer: CEO & Chairman 20 N. BROADWAY, SUITE 1410, OKLAHOMA CITY OK 73102
Harold Thomas Hamm director, 10 percent owner, other: Member of 10% owner group (5) P.O. BOX 1295, OKLAHOMA CITY OK 73701
Shelly Lambertz director, 10 percent owner PO BOX 268836, OKLAHOMA CITY OK 73126
Jane Hamm 2005 Irrevocable Trust 10 percent owner, other: Member of 10% owner group(2) P.O. BOX 1295, OKLAHOMA CITY OK 73101-1295