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Titan Oil & Gas (Titan Oil & Gas) Equity-to-Asset : 0.83 (As of May. 2013)


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What is Titan Oil & Gas Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Titan Oil & Gas's Total Stockholders Equity for the quarter that ended in May. 2013 was $0.27 Mil. Titan Oil & Gas's Total Assets for the quarter that ended in May. 2013 was $0.33 Mil. Therefore, Titan Oil & Gas's Equity to Asset Ratio for the quarter that ended in May. 2013 was 0.83.

The historical rank and industry rank for Titan Oil & Gas's Equity-to-Asset or its related term are showing as below:

TNGS'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.

Titan Oil & Gas Equity-to-Asset Historical Data

The historical data trend for Titan Oil & Gas'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.

Titan Oil & Gas Equity-to-Asset Chart

Titan Oil & Gas Annual Data
Trend Aug09 Aug10 Aug11 Aug12
Equity-to-Asset
0.83 0.68 0.94 0.92

Titan Oil & Gas Quarterly Data
Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13
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 0.94 0.92 0.93 0.90 0.83

Competitive Comparison of Titan Oil & Gas's Equity-to-Asset

For the Oil & Gas E&P subindustry, Titan Oil & Gas'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.


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

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

* The bar in red indicates where Titan Oil & Gas's Equity-to-Asset falls into.



Titan Oil & Gas 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.

Titan Oil & Gas's Equity to Asset Ratio for the fiscal year that ended in Aug. 2012 is calculated as

Equity to Asset (A: Aug. 2012 )=Total Stockholders Equity/Total Assets
=0.337/0.366
=0.92

Titan Oil & Gas's Equity to Asset Ratio for the quarter that ended in May. 2013 is calculated as

Equity to Asset (Q: May. 2013 )=Total Stockholders Equity/Total Assets
=0.27/0.325
=0.83

* 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.


Titan Oil & Gas  (GREY:TNGS) 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%.


Titan Oil & Gas Equity-to-Asset Related Terms

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


Titan Oil & Gas (Titan Oil & Gas) Business Description

Traded in Other Exchanges
N/A
Address
7251 West Lake Mead Boulevard, Suite 300, Las Vegas, NV, USA, 89128
Titan Oil & Gas Inc is an is an exploration stage company. It is engaged in the acquisition, exploration and development of oil and gas properties.

Titan Oil & Gas (Titan Oil & Gas) Headlines

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