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San Juan Basin Royalty Trust (San Juan Basin Royalty Trust) Equity-to-Asset

: 0.64 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. San Juan Basin Royalty Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $2.75 Mil. San Juan Basin Royalty Trust's Total Assets for the quarter that ended in Dec. 2023 was $4.33 Mil. Therefore, San Juan Basin Royalty Trust's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.64.

The historical rank and industry rank for San Juan Basin Royalty Trust's Equity-to-Asset or its related term are showing as below:

SJT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35   Med: 0.68   Max: 0.84
Current: 0.64

During the past 13 years, the highest Equity to Asset Ratio of San Juan Basin Royalty Trust was 0.84. The lowest was 0.35. And the median was 0.68.

SJT's Equity-to-Asset is ranked better than
68.38% of 1088 companies
in the Oil & Gas industry
Industry Median: 0.505 vs SJT: 0.64

San Juan Basin Royalty Trust Equity-to-Asset Historical Data

The historical data trend for San Juan Basin Royalty Trust'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.

San Juan Basin Royalty Trust 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 0.84 0.80 0.37 0.35 0.64

San Juan Basin Royalty Trust 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 0.13 0.61 0.44 0.64

Competitive Comparison

For the Oil & Gas E&P subindustry, San Juan Basin Royalty Trust'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.


San Juan Basin Royalty Trust Equity-to-Asset Distribution

For the Oil & Gas industry and Energy sector, San Juan Basin Royalty Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where San Juan Basin Royalty Trust's Equity-to-Asset falls into.



San Juan Basin Royalty Trust 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.

San Juan Basin Royalty Trust'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
=2.753/4.328
=0.64

San Juan Basin Royalty Trust'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
=2.753/4.328
=0.64

* 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.


San Juan Basin Royalty Trust  (NYSE:SJT) 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%.


San Juan Basin Royalty Trust Equity-to-Asset Related Terms

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


San Juan Basin Royalty Trust (San Juan Basin Royalty Trust) Business Description

Traded in Other Exchanges
N/A
Address
2200 Post Oak Boulevard, Floor 18, Houston, TX, USA, 77056
San Juan Basin Royalty Trust is an energy sector royalty trust in the United States. It owns approximately 75% net profit interest in a large number of natural gas properties in the San Juan Basin of New Mexico. About 98% of the royalties San Juan collects come from natural gas, with the balance coming from oil.
Executives
J Taylor Crandall 10 percent owner 2775 SAND HILL RD, SUITE 220, MENLO PARK CA 94025
Bruce Robert W Iii 10 percent owner
Algenpar Inc 10 percent owner
Alpine Capital Lp 10 percent owner