Seacrest Petroleo Bermuda (CHIX:SEAPTO) Equity-to-Asset: 0.06 (As of Sep. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:SEAPTO Seacrest Petroleo Bermuda Ltd CHIX:SEAPTO
6 GF Score
Price kr4.93
View Full Analysis

What is Seacrest Petroleo Bermuda Equity-to-Asset?

Seacrest Petroleo Bermuda CHIX:SEAPTO 6 Equity-to-Asset is 0.06 as of Sep. 2024. GuruFocus rates CHIX:SEAPTO with a GF Score™ of 6/100.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Seacrest Petroleo Bermuda's Total Stockholders Equity for the quarter that ended in Sep. 2024 was kr481 Mil. Seacrest Petroleo Bermuda's Total Assets for the quarter that ended in Sep. 2024 was kr8,082 Mil. Therefore, Seacrest Petroleo Bermuda's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.06.

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

CHIX:SEAPTo'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.

Seacrest Petroleo Bermuda  (CHIX:SEAPTo) 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%.


Seacrest Petroleo Bermuda Equity-to-Asset Related Terms


Seacrest Petroleo Bermuda Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Seacrest Petroleo Bermuda'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.

Seacrest Petroleo Bermuda Equity-to-Asset Chart

Seacrest Petroleo Bermuda Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
-670.44 0.70 0.05 -0.24 0.20

Seacrest Petroleo Bermuda Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.16 0.20 0.13 0.06 0.06

CHIX:SEAPTO vs COP, EOG, OXY: Equity-to-Asset Comparison

For the Oil & Gas E&P subindustry, Seacrest Petroleo Bermuda'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.


Seacrest Petroleo Bermuda Equity-to-Asset vs Oil & Gas Industry

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

* The bar in red indicates where Seacrest Petroleo Bermuda's Equity-to-Asset falls into.


CHIX:SEAPTO
6GF Score
Seacrest Petroleo Bermuda Ltd CHIX:SEAPTO
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Seacrest Petroleo Bermuda 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.

Seacrest Petroleo Bermuda's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1688.948/8558.327
=0.20

Seacrest Petroleo Bermuda's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=481.416/8081.844
=0.06

* 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 0.06 mean?
Seacrest Petroleo Bermuda (CHIX:SEAPTO) has a Equity-to-Asset of 0.06 as of Sep. 2024. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Seacrest Petroleo Bermuda and its competitors.
Is Seacrest Petroleo Bermuda's Equity-to-Asset too high?
Seacrest Petroleo Bermuda's current Equity-to-Asset is 0.06. The Oil & Gas industry median Equity-to-Asset is 0.49. Seacrest Petroleo Bermuda's value of 0.06 is 87.8% below this industry median. Overall, Seacrest Petroleo Bermuda has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Seacrest Petroleo Bermuda's Equity-to-Asset compare to COP and EOG?
Seacrest Petroleo Bermuda's Equity-to-Asset of 0.06 can be compared against companies in the Oil & Gas industry. The industry median Equity-to-Asset is 0.49. Seacrest Petroleo Bermuda's value of 0.06 is 87.8% below 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. Seacrest Petroleo Bermuda's current Equity-to-Asset of 0.06 is 87.8% below 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 Seacrest Petroleo Bermuda 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. Seacrest Petroleo Bermuda's current Equity-to-Asset is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Seacrest Petroleo Bermuda stock overvalued right now?
Seacrest Petroleo Bermuda (CHIX:SEAPTO) has a current Equity-to-Asset of 0.06. The current Equity-to-Asset is 0.06 and 87.8% below the Oil & Gas industry median of 0.49. Seacrest Petroleo Bermuda's overall GF Score™ is 6/100. 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 Seacrest Petroleo Bermuda (CHIX:SEAPTO), the current Equity-to-Asset is 0.06 as of Sep. 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.

Seacrest Petroleo Bermuda Business Description

Industry EnergyOil & Gas
Address 99 Front Street, Hamilton, BMU, HM 12
Seacrest Petroleo Bermuda Ltd is an oil and gas exploration group. The Group is engaged in oil and gas exploration, development, production, and trade activities. It has a single operating segment, which consists of oil and gas exploration and production (E&P).
6GF Score

Get the complete analysis for CHIX:SEAPTO

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr4.93
Price