ANTGF (Advantagewon Oil) Equity-to-Asset: -7.18 (As of Jun. 2024)

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What is Advantagewon Oil Equity-to-Asset?

Advantagewon Oil ANTGF Equity-to-Asset is -7.18 as of Jun. 2024.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Advantagewon Oil's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $-0.57 Mil. Advantagewon Oil's Total Assets for the quarter that ended in Jun. 2024 was $0.08 Mil.

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

ANTGF's Equity-to-Asset is not ranked *
in the Semiconductors industry.
Industry Median: 0.62
* Ranked among companies with meaningful Equity-to-Asset only.

Advantagewon Oil  (OTCPK:ANTGF) 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%.

Advantagewon Oil Equity-to-Asset Related Terms

Advantagewon Oil Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Advantagewon Oil'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.

Advantagewon Oil Equity-to-Asset Chart

Advantagewon Oil Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial 0.72 -0.04 -1.62 0.67 -3.94

Advantagewon Oil Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Jun24
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 0.67 0.47 -3.94 -4.53 -7.18

ANTGF vs COP, EOG, PXD: Equity-to-Asset Comparison

For the Solar subindustry, Advantagewon Oil'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.

Advantagewon Oil Equity-to-Asset vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Advantagewon Oil's Equity-to-Asset distribution charts can be found below:

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


Advantagewon Oil 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.

Advantagewon Oil's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=-0.398/0.101
=

Advantagewon Oil's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=-0.574/0.08
=

* 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 -7.18 mean?
Advantagewon Oil (ANTGF) has a Equity-to-Asset of -7.18 as of Jun. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Advantagewon Oil and its competitors.
Is Advantagewon Oil's Equity-to-Asset too high?
Advantagewon Oil's current Equity-to-Asset is -7.18.
How does Advantagewon Oil's Equity-to-Asset compare to COP and EOG?
Advantagewon Oil's Equity-to-Asset of -7.18 can be compared against companies in the Semiconductors industry. The industry median Equity-to-Asset is 0.62. 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 a Semiconductors company?
The median Equity-to-Asset among Semiconductors companies is 0.62, based on 1,033 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. 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 Advantagewon Oil and its competitors. For the Semiconductors industry, the median Equity-to-Asset is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Advantagewon Oil's current Equity-to-Asset is -7.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advantagewon Oil stock overvalued right now?
Advantagewon Oil (ANTGF) has a current Equity-to-Asset of -7.18. The current Equity-to-Asset is -7.18. 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 Advantagewon Oil (ANTGF), the current Equity-to-Asset is -7.18 as of Jun. 2024. 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.

Advantagewon Oil Business Description

Address 47 Colborne Street, Suite 307, Toronto, ON, CAN, M5E 1P8
Advantagewon Oil Corp is a Canada-based oil and gas company. It is engaged in the acquisition, exploration, development, and production of oil and gas reserves in North America. All of the company's revenue is derived from the sale of oil which is produced and sold in Alberta, Canada.