Jacka Resources (ASX:JKA) Equity-to-Asset: -0.09 (As of Dec. 2019)

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What is Jacka Resources Equity-to-Asset?

Jacka Resources ASX:JKA Equity-to-Asset is -0.09 as of Dec. 2019. The stock has 1 warning sign investors should review.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Jacka Resources's Total Stockholders Equity for the quarter that ended in Dec. 2019 was A$-0.05 Mil. Jacka Resources's Total Assets for the quarter that ended in Dec. 2019 was A$0.59 Mil.

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

During the past 10 years, the highest Equity to Asset Ratio of Jacka Resources was 0.91. The lowest was 0.91. And the median was 0.91.

ASX:JKA'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.

Jacka Resources  (ASX:JKA) 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%.


Jacka Resources Equity-to-Asset Related Terms


Jacka Resources Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Jacka 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.

Jacka Resources Equity-to-Asset Chart

Jacka Resources Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.03 -0.03 -0.13 0.64

Jacka Resources Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 -0.57 -0.13 0.76 0.64 -0.09

ASX:JKA vs DLTZ, PTCO, BDCO: Equity-to-Asset Comparison

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


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

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

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



Jacka 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.

Jacka Resources's Equity to Asset Ratio for the fiscal year that ended in Jun. 2019 is calculated as

Equity to Asset (A: Jun. 2019 )=Total Stockholders Equity/Total Assets
=0.191/0.3
=

Jacka Resources's Equity to Asset Ratio for the quarter that ended in Dec. 2019 is calculated as

Equity to Asset (Q: Dec. 2019 )=Total Stockholders Equity/Total Assets
=-0.051/0.588
=

* 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 -0.09 mean?
Jacka Resources (ASX:JKA) has a Equity-to-Asset of -0.09 as of Dec. 2019. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Jacka Resources and its competitors. Over the past decade, Jacka Resources' Equity-to-Asset has ranged from 0.91 to 0.91.
Is Jacka Resources' Equity-to-Asset too high?
Jacka Resources' current Equity-to-Asset is -0.09. Over the past 10 years, this metric has ranged from a low of 0.91 to a high of 0.91.
How does Jacka Resources' Equity-to-Asset compare to DLTZ and PTCO?
Jacka Resources' Equity-to-Asset of -0.09 can be compared against companies in the Oil & Gas industry. The industry median Equity-to-Asset is 0.49. Historically, Jacka Resources' own Equity-to-Asset has ranged from 0.91 to 0.91 over the past decade. 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 1,033 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 Jacka 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. Jacka Resources's current Equity-to-Asset is -0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jacka Resources stock overvalued right now?
Jacka Resources (ASX:JKA) has a current Equity-to-Asset of -0.09. The current Equity-to-Asset is -0.09. 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 Jacka Resources (ASX:JKA), the current Equity-to-Asset is -0.09 as of Dec. 2019. 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.

Jacka Resources Business Description

Industry EnergyOil & Gas
Address 216 St Georges Terrace, Level 11, London House, Perth, WA, AUS, 6000
Jacka Resources Ltd is an Australia-based oil and gas exploration company. The company is engaged in oil and gas exploration in Odewayne Block in Somaliland. The operating segment of the company is Oil and Gas Exploration in Australia and Africa.