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Jade Gas Holdings (ASX:JGH) Equity-to-Asset : 0.74 (As of Dec. 2024)


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What is Jade Gas Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jade Gas Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$22.36 Mil. Jade Gas Holdings's Total Assets for the quarter that ended in Dec. 2024 was A$30.36 Mil.

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

ASX:JGH' s Equity-to-Asset Range Over the Past 10 Years
Min: -11.3   Med: 0.74   Max: 0.96
Current: 0.74

During the past 13 years, the highest Equity to Asset Ratio of Jade Gas Holdings was 0.96. The lowest was -11.30. And the median was 0.74.

ASX:JGH's Equity-to-Asset is ranked better than
77.69% of 1058 companies
in the Oil & Gas industry
Industry Median: 0.51 vs ASX:JGH: 0.74

Jade Gas Holdings Equity-to-Asset Historical Data

The historical data trend for Jade Gas Holdings'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.

Jade Gas Holdings Equity-to-Asset Chart

Jade Gas Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.89 0.96 0.86 0.74

Jade Gas Holdings Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.96 0.98 0.86 0.82 0.74

Competitive Comparison of Jade Gas Holdings's Equity-to-Asset

For the Oil & Gas E&P subindustry, Jade Gas Holdings'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.


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

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

* The bar in red indicates where Jade Gas Holdings's Equity-to-Asset falls into.


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Jade Gas Holdings 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.

Jade Gas Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=22.364/30.364
=

Jade Gas Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=22.364/30.364
=

* 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.


Jade Gas Holdings  (ASX:JGH) 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%.


Jade Gas Holdings Equity-to-Asset Related Terms

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


Jade Gas Holdings Business Description

Traded in Other Exchanges
N/A
Address
66 Rundle Street Kent Town, Level 1, Kent Town, SA, AUS, 5067
Jade Gas Holdings Ltd is a gas exploration company focused on the coal bed methane (CBM) potential of Mongolia exploration and appraisal activities. Its flagship project is the CBM gas project over the Production Sharing Agreement (PSA) area of Tavantolgoi XXXIII unconventional oil basin, (TT CBM Project).