ALOD (Allied Resources) Equity-to-Asset: 0.89 (As of Dec. 2018)

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What is Allied Resources Equity-to-Asset?

Allied Resources ALOD Equity-to-Asset is 0.89 as of Dec. 2018.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Allied Resources's Total Stockholders Equity for the quarter that ended in Dec. 2018 was $2.47 Mil. Allied Resources's Total Assets for the quarter that ended in Dec. 2018 was $2.76 Mil.

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

ALOD's Equity-to-Asset is not ranked *
in the Oil & Gas industry.
Industry Median: 0.49
* Ranked among companies with meaningful Equity-to-Asset only.

Allied Resources  (OTCPK:ALOD) 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%.


Allied Resources Equity-to-Asset Related Terms


Allied Resources Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Allied 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.

Allied Resources Equity-to-Asset Chart

Allied Resources Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.90 0.88 0.87 0.89

Allied Resources Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17 Mar18 Jun18 Dec18
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 0.88 0.87 0.87 0.87 0.89

ALOD vs ATRVF, GDPMQ, OOIL: Equity-to-Asset Comparison

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


Allied Resources Equity-to-Asset vs Oil & Gas Industry

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

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



Allied 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.

Allied Resources's Equity to Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Equity to Asset (A: Dec. 2018 )=Total Stockholders Equity/Total Assets
=2.472/2.764
=0.89

Allied Resources's Equity to Asset Ratio for the quarter that ended in Dec. 2018 is calculated as

Equity to Asset (Q: Dec. 2018 )=Total Stockholders Equity/Total Assets
=2.472/2.764
=

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.89 mean?
Allied Resources (ALOD) has a Equity-to-Asset of 0.89 as of Dec. 2018. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Allied Resources and its competitors.
Is Allied Resources' Equity-to-Asset too high?
Allied Resources' current Equity-to-Asset is 0.89. The Oil & Gas industry median Equity-to-Asset is 0.49. Allied Resources' value of 0.89 is 81.6% above this industry median.
How does Allied Resources' Equity-to-Asset compare to ATRVF and GDPMQ?
Allied Resources' Equity-to-Asset of 0.89 can be compared against companies in the Oil & Gas industry. The industry median Equity-to-Asset is 0.49. Allied Resources' value of 0.89 is 81.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.49, based on 1,035 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Allied Resources's current Equity-to-Asset of 0.89 is 81.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Allied Resources and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Allied Resources's current Equity-to-Asset is 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allied Resources stock overvalued right now?
Allied Resources (ALOD) has a current Equity-to-Asset of 0.89. The current Equity-to-Asset is 0.89 and 81.6% above the Oil & Gas industry median of 0.49. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Allied Resources (ALOD), the current Equity-to-Asset is 0.89 as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Allied Resources Business Description

Industry EnergyOil & Gas
Address 299 Main Street, 13th Floor, Salt Lake City, UT, USA, 84111
Allied Resources Inc is engaged in producing oil and natural gas from leases located in West Virginia and Texas. The Company is mainly involved in acquiring, developing, producing, and selling oil and gas properties and production to companies in the continental United States. It is an independent oil and natural gas producer engaged in the exploration, development, production, and sale of oil, natural gas, and liquids from properties located in Calhoun and Ritchie counties, West Virginia, and Goliad and Edwards counties, Texas. Oil and liquids are sold at spot market prices as of the date of pickup.