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Lightstream Resources (Lightstream Resources) Equity-to-Asset : -0.19 (As of Sep. 2016)


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What is Lightstream Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lightstream Resources's Total Stockholders Equity for the quarter that ended in Sep. 2016 was $-239.0 Mil. Lightstream Resources's Total Assets for the quarter that ended in Sep. 2016 was $1,248.6 Mil. Therefore, Lightstream Resources's Equity to Asset Ratio for the quarter that ended in Sep. 2016 was -0.19.

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

LSTMF'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.

Lightstream Resources Equity-to-Asset Historical Data

The historical data trend for Lightstream 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.

Lightstream Resources Equity-to-Asset Chart

Lightstream Resources Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Equity-to-Asset
Get a 7-Day Free Trial 0.33 0.53 0.38 0.37 0.18

Lightstream Resources Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 0.27 0.18 0.19 -0.14 -0.19

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

For the Oil & Gas E&P subindustry, Lightstream 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.


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

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

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



Lightstream 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.

Lightstream Resources's Equity to Asset Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Equity to Asset (A: Dec. 2015 )=Total Stockholders Equity/Total Assets
=333.007/1866.019
=0.18

Lightstream Resources's Equity to Asset Ratio for the quarter that ended in Sep. 2016 is calculated as

Equity to Asset (Q: Sep. 2016 )=Total Stockholders Equity/Total Assets
=-238.983/1248.576
=-0.19

* 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.


Lightstream Resources  (GREY:LSTMF) 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%.


Lightstream Resources Equity-to-Asset Related Terms

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Lightstream Resources (Lightstream Resources) Business Description

Traded in Other Exchanges
N/A
Address
Lightstream Resources Ltd is an oil and gas company. The company is principally engaged in the exploration, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia and Saskatchewan with a focus on light oil. Its principal operating areas include southeast Saskatchewan in the Bakken and Mississippian formations, central Alberta in the Cardium formation and north-central Alberta in the Swan Hills area. The company revenue is generated from the sale of crude oil, natural gas, and natural gas liquids.

Lightstream Resources (Lightstream Resources) Headlines

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