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Key Energy Services (Key Energy Services) Equity-to-Asset

: 0.30 (As of Sep. 2020)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Key Energy Services's Total Stockholders Equity for the quarter that ended in Sep. 2020 was $77.7 Mil. Key Energy Services's Total Assets for the quarter that ended in Sep. 2020 was $256.6 Mil. Therefore, Key Energy Services's Equity to Asset Ratio for the quarter that ended in Sep. 2020 was 0.30.

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

KEGX's Equity-to-Asset is not ranked *
in the Oil & Gas industry.
Industry Median: 0.505
* Ranked among companies with meaningful Equity-to-Asset only.

Key Energy Services Equity-to-Asset Historical Data

The historical data trend for Key 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.

Key Energy Services Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.11 0.37 0.24 0.10 -0.15

Key Energy Services Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Equity-to-Asset 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 Premium Member Only Premium Member Only Premium Member Only -0.05 -0.15 0.34 0.30 0.30

Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, Key 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.


Key Energy Services Equity-to-Asset Distribution

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

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



Key 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.

Key Energy Services's Equity to Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Equity to Asset (A: Dec. 2019 )=Total Stockholders Equity/Total Assets
=-51.253/347.87
=-0.15

Key Energy Services's Equity to Asset Ratio for the quarter that ended in Sep. 2020 is calculated as

Equity to Asset (Q: Sep. 2020 )=Total Stockholders Equity/Total Assets
=77.693/256.56
=0.30

* 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.


Key Energy Services  (OTCPK:KEGX) 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%.


Key Energy Services Equity-to-Asset Related Terms

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


Key Energy Services (Key Energy Services) Business Description

Traded in Other Exchanges
N/A
Address
1301 McKinney Street, Suite 1800, Houston, TX, USA, 77010
Key Energy Services Inc is an onshore, rig-based well-servicing contractor. It provides a full range of well-services to oil companies, and independent oil and natural gas production companies. Its services include rig-based and coiled tubing-based well maintenance and workover services, well completion and re-completion services, fluid management services, fishing, and rental services, and other ancillary oilfield services. Its segment includes Rig Services, Fishing, and Rental Services, Coiled Tubing Services and Fluid Management Services within the United States. The company derives the maximum revenue from the Rig Services segment.
Executives
Louis Coale officer: VP and Controller 41 ROLLING LINKS SPRING TX 77386
Nelson Haight officer: Chief Financial Officer 4400 POST OAK PARKWAY, SUITE 1900, HOUSTON TX 77027
Marcus C Rowland director 920 MEMORIAL CITY WAY, SUITE 850, HOUSTON TX 77024
Alan B. Menkes director 1160 DAIRY ASHFORD RD, STE 160, HOUSTON TX 77079
Katherine Hargis officer: VP, CLO and Secretary 1301 MCKINNEY STREET SUITE 1800 HOUSTON TX 77010
Sherman Iii Edmiston director ONE CITYPLACE DRIVE, SUITE 300, ONE CITYPLACE DRIVE, SUITE 300, ST. LOUIS MO 63141
Wommack H H Iii director SOUTHWEST ROYALTIES INC, 407 N BIG SPRING STREET SUITE 300, MIDLAND TX 79701
Jacob Kotzubei director 360 NORTH CRESCENT DRIVE, BEVERLY HILLS CA 90210
J Marshall Dodson officer: President, CEO, Interim CFO C/O KEY ENERGY SERVICES, INC. 1301 MCKINNEY STREET, SUITE 1800 HOUSTON TX 77010
Goldman Sachs & Co. Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Blackrock Inc. 10 percent owner 50 HUDSON YARDS, NEW YORK NY 10001
Bluemountain Capital Management, Llc 10 percent owner 280 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10017
Bluemountain Gp Holdings, Llc 10 percent owner 280 PARK AVENUE,, 12TH FLOOR, NEW YORK NY 10017
Blue Mountain Credit Alternatives Master Fund L.p. 10 percent owner C/O BLUEMOUNTAIN CAPITAL MANAGEMENT, LLC, 280 PARK AVENUE, 5TH FLOOR EAST, NEW YORK NY 10017