GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gulfport Energy Corp (NYSE:GPOR) » Definitions » Equity-to-Asset

Gulfport Energy (Gulfport Energy) Equity-to-Asset

: 0.68 (As of Dec. 2023)
View and export this data going back to 2021. Start your Free Trial

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gulfport Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2,206 Mil. Gulfport Energy's Total Assets for the quarter that ended in Dec. 2023 was $3,268 Mil. Therefore, Gulfport Energy's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.68.

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

GPOR' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.12   Med: 0.53   Max: 0.68
Current: 0.68

During the past 13 years, the highest Equity to Asset Ratio of Gulfport Energy was 0.68. The lowest was -0.12. And the median was 0.53.

GPOR's Equity-to-Asset is ranked better than
72.77% of 1087 companies
in the Oil & Gas industry
Industry Median: 0.51 vs GPOR: 0.68

Gulfport Energy Equity-to-Asset Historical Data

The historical data trend for Gulfport Energy'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.

Gulfport Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.34 -0.12 0.28 0.35 0.68

Gulfport Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.35 0.54 0.56 0.65 0.68

Competitive Comparison

For the Oil & Gas E&P subindustry, Gulfport Energy'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.


Gulfport Energy Equity-to-Asset Distribution

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

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



Gulfport Energy 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.

Gulfport Energy's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=2205.894/3267.613
=0.68

Gulfport Energy's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=2205.894/3267.613
=0.68

* 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.


Gulfport Energy  (NYSE:GPOR) 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%.


Gulfport Energy Equity-to-Asset Related Terms

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


Gulfport Energy (Gulfport Energy) Business Description

Traded in Other Exchanges
Address
713 Market Drive, Oklahoma City, OK, USA, 73114
Gulfport Energy Corp is an independent exploration and development company. It operates through Utica Shale and Scoop properties. The Utica Shale is located in the Appalachian Basin of the United States and Canada. The Scoop (South Central Oklahoma Oil Province) play of Oklahoma is located in the southeast portion of the prolific Anadarko Basin.
Executives
Jason Joseph Martinez director 1 TOKENEKE TRAIL, HOUSTON TX 77024
Silver Point Capital L.p. director, 10 percent owner TWO GREENWICH PLAZA, SUITE 1, GREENWICH CT 06830
Patrick K. Craine officer: General Counsel and Corp. Sec. 713 MARKET DRIVE, OKLAHOMA CITY OK 73114
Michael Sluiter officer: SVP of Reservoir Engineering 713 MARKET DRIVE, OKLAHOMA CITY OK 73114
Matthew Willrath officer: VP & CAO 713 MARKET DRIVE, OKLAHOMA CITY OK 73114
Jean Marie Powers director 2507 LOCKE LANE, HOUSTON TX 77019
Robert J O'shea 10 percent owner C/O SILVER POINT CAPITAL L.P., TWO GREENWICH PLAZA, FIRST FLOOR, GREENWICH CT 06830
Edward A Mule 10 percent owner C/O SILVER POINT CAPITAL L.P., TWO GREENWICH PLAZA, FIRST FLOOR, GREENWICH CT 06830
Mary Shafer-malicki director 757 N. ELDRIDGE PARKWAY, HOUSTON TX 77079
Michael L Hodges officer: EVP & CFO C/O GULFPORT ENERGY CORP, 713 MARKET DR, OKLAHOMA CITY OK 73114
Matthew Rucker officer: SVP, Operations 713 MARKET DR, OKLAHOMA CITY OK 73114
John K. Reinhart director, officer: President & CEO 713 MARKET DR, OKLAHOMA CITY OK 73114
Robert John Moses officer: SVP, Operations & Drilling 3001 QUAIL SPRINGS PARKWAY, OKLAHOMA CITY OK 73134
David A Reganato director TWO GREENWICH PLAZA, GREENWICH CT 06830
William J Buese officer: Chief Financial Officer 3001 QUAIL SPRINGS PKWY, OKLAHOMA CITY OK 73134