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Twin Butte Energy (Twin Butte Energy) Equity-to-Asset

: -0.44 (As of Jun. 2016)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Twin Butte Energy's Total Stockholders Equity for the quarter that ended in Jun. 2016 was $-122.5 Mil. Twin Butte Energy's Total Assets for the quarter that ended in Jun. 2016 was $276.8 Mil. Therefore, Twin Butte Energy's Equity to Asset Ratio for the quarter that ended in Jun. 2016 was -0.44.

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

TBTEF'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.

Twin Butte Energy Equity-to-Asset Historical Data

The historical data trend for Twin Butte 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.

Twin Butte Energy Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.56 0.43 0.38 0.07

Twin Butte Energy Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 0.36 0.33 0.07 0.02 -0.44

Competitive Comparison

For the Oil & Gas E&P subindustry, Twin Butte 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.


Twin Butte Energy Equity-to-Asset Distribution

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

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



Twin Butte 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.

Twin Butte Energy'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
=27.015/410.801
=0.07

Twin Butte Energy's Equity to Asset Ratio for the quarter that ended in Jun. 2016 is calculated as

Equity to Asset (Q: Jun. 2016 )=Total Stockholders Equity/Total Assets
=-122.497/276.841
=-0.44

* 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.


Twin Butte Energy  (OTCPK:TBTEF) 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%.


Twin Butte Energy Equity-to-Asset Related Terms

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Twin Butte Energy (Twin Butte Energy) Business Description

Traded in Other Exchanges
N/A
Address
410, 396 11th Avenue SW, Suite 410, Calgary, AB, CAN, T2R 0C5
Twin Butte Energy Ltd is an oil and natural gas exploration, development and production company with properties located in Western Canada. The firm's operational assets have been sold to West Lake Energy Corp.

Twin Butte Energy (Twin Butte Energy) Headlines

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