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Gulf Keystone Petroleum (Gulf Keystone Petroleum) Equity-to-Asset

: 0.79 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gulf Keystone Petroleum's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $547.2 Mil. Gulf Keystone Petroleum's Total Assets for the quarter that ended in Dec. 2023 was $697.1 Mil. Therefore, Gulf Keystone Petroleum's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.79.

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

GFKSY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19   Med: 0.71   Max: 0.79
Current: 0.79

During the past 13 years, the highest Equity to Asset Ratio of Gulf Keystone Petroleum was 0.79. The lowest was 0.19. And the median was 0.71.

GFKSY's Equity-to-Asset is ranked better than
83.09% of 1088 companies
in the Oil & Gas industry
Industry Median: 0.505 vs GFKSY: 0.79

Gulf Keystone Petroleum Equity-to-Asset Historical Data

The historical data trend for Gulf Keystone Petroleum'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.

Gulf Keystone Petroleum 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 0.71 0.69 0.68 0.77 0.79

Gulf Keystone Petroleum Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.68 0.60 0.77 0.76 0.79

Competitive Comparison

For the Oil & Gas E&P subindustry, Gulf Keystone Petroleum'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.


Gulf Keystone Petroleum Equity-to-Asset Distribution

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

* The bar in red indicates where Gulf Keystone Petroleum's Equity-to-Asset falls into.



Gulf Keystone Petroleum 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.

Gulf Keystone Petroleum'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
=547.237/697.146
=0.78

Gulf Keystone Petroleum'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
=547.237/697.146
=0.78

* 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.


Gulf Keystone Petroleum  (OTCPK:GFKSY) 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%.


Gulf Keystone Petroleum Equity-to-Asset Related Terms

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


Gulf Keystone Petroleum (Gulf Keystone Petroleum) Business Description

Traded in Other Exchanges
Address
C/o Coson Corporate Services Limited, 41 Cedar Avenue, Cedar House, 3rd Floor, Hamilton, BMU, HM12
Gulf Keystone Petroleum Ltd is a holding company, which is engaged in oil and gas exploration and production. It mainly operates in the Kurdistan Region of Iraq, the Republic of Algeria, and Others. The Kurdistan Region of Iraq segment consists of the Shaikan, Ber Bahr blocks, and the Erbil office, which provides support to the operations in Kurdistan. It generates its revenues from the sale of oil.

Gulf Keystone Petroleum (Gulf Keystone Petroleum) Headlines