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BEPTF (Beach Energy) Equity-to-Asset : 0.60 (As of Jun. 2024)


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What is Beach Energy Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Beach Energy's Total Stockholders Equity for the quarter that ended in Jun. 2024 was $2,200 Mil. Beach Energy's Total Assets for the quarter that ended in Jun. 2024 was $3,652 Mil. Therefore, Beach Energy's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.60.

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

BEPTF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45   Med: 0.66   Max: 0.74
Current: 0.6

During the past 13 years, the highest Equity to Asset Ratio of Beach Energy was 0.74. The lowest was 0.45. And the median was 0.66.

BEPTF's Equity-to-Asset is ranked better than
64.59% of 1059 companies
in the Oil & Gas industry
Industry Median: 0.51 vs BEPTF: 0.60

Beach Energy Equity-to-Asset Historical Data

The historical data trend for Beach Energy'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.

Beach Energy Equity-to-Asset Chart

Beach Energy Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.66 0.69 0.66 0.60

Beach Energy Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.69 0.69 0.66 0.60 0.60

Competitive Comparison of Beach Energy's Equity-to-Asset

For the Oil & Gas E&P subindustry, Beach Energy'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.


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

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

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



Beach Energy 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.

Beach Energy's Equity to Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Equity to Asset (A: Jun. 2024 )=Total Stockholders Equity/Total Assets
=2199.535/3651.527
=0.60

Beach Energy'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
=2199.535/3651.527
=0.60

* 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.


Beach Energy  (OTCPK:BEPTF) 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%.


Beach Energy Equity-to-Asset Related Terms

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


Beach Energy Business Description

Traded in Other Exchanges
Address
80 Flinders Street, Level 8, Adelaide, SA, AUS, 5000
Beach produces oil, gas, and gas liquids from numerous joint ventures in the onshore Cooper and Eromanga basins. Beach merged with Cooper Basin joint-venture partner Drillsearch Energy Limited in March 2016, which increased equity production to about 10 million barrels of oil equivalent. This more than doubled to over 20 million barrels of oil equivalent following the successful purchase of Lattice from Origin Energy in 2018. The average field life is 10 years based on forecast production and 255 mmboe of proven and probable reserves. We credit life of around 15 years, assuming substantial conversion of 2C contingent resources into reserve category with drilling. Shale gas resources are blue-sky.