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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CoJax Oil & Gas's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $7.59 Mil. CoJax Oil & Gas's Total Assets for the quarter that ended in Mar. 2026 was $9.57 Mil.
Therefore, CoJax Oil & Gas's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.79.
The historical rank and industry rank for CoJax Oil & Gas's Equity-to-Asset or its related term are showing as below:
CJAX'
s Equity-to-Asset Range Over the Past 10 Years
Min: -2.46 Med: 0.7 Max: 0.86
Current: 0.79
During the past 8 years, the highest Equity to Asset Ratio of CoJax Oil & Gas was 0.86. The lowest was -2.46. And the median was 0.70.
CJAX's Equity-to-Asset is not ranked
in the Oil & Gas industry.
Industry Median: 0.49
vs CJAX: 0.79
CoJax Oil & Gas (OTCPK:CJAX) 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%.
CoJax Oil & Gas Equity-to-Asset Related Terms
CoJax Oil & Gas Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for CoJax Oil & Gas'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.
For the Oil & Gas E&P subindustry, CoJax Oil & Gas'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.
CoJax Oil & Gas Equity-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CoJax Oil & Gas's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where CoJax Oil & Gas's Equity-to-Asset falls into.
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.
CoJax Oil & Gas's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
CoJax Oil & Gas (CJAX) has a Equity-to-Asset of 0.79 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on CoJax Oil & Gas and its competitors. This is 13% above median its historical median of 0.70.
Is CoJax Oil & Gas' Equity-to-Asset too high?
CoJax Oil & Gas' current Equity-to-Asset of 0.79 is 13% above median its 10-year median of 0.70. The Oil & Gas industry median Equity-to-Asset is 0.49. CoJax Oil & Gas' value of 0.79 is 61.2% above this industry median. Overall, CoJax Oil & Gas has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does CoJax Oil & Gas' Equity-to-Asset compare to VOC and PRT?
CoJax Oil & Gas' Equity-to-Asset of 0.79 can be compared against companies in the Oil & Gas industry. The industry median Equity-to-Asset is 0.49. CoJax Oil & Gas' value of 0.79 is 61.2% above this benchmark. While the company's 10-year median is 0.70 vs. the industry median of 0.49, CoJax Oil & Gas has consistently been above the industry average. 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 1,027 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. CoJax Oil & Gas's current Equity-to-Asset of 0.79 is 61.2% above 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 CoJax Oil & Gas 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. CoJax Oil & Gas's current Equity-to-Asset is 0.79, which is 13% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CoJax Oil & Gas stock overvalued right now?
CoJax Oil & Gas (CJAX) has a current Equity-to-Asset of 0.79. The stock's GF Value™ is $1.74, compared to a current price of $3.55 — trading 104% above its estimated fair value. The current Equity-to-Asset is 0.79, which is 13% above median its 10-year median of 0.70 and 61.2% above the Oil & Gas industry median of 0.49. CoJax Oil & Gas' overall GF Score™ is 9/100 with 4 warning signs to review. 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 CoJax Oil & Gas (CJAX), the current Equity-to-Asset is 0.79 as of Mar. 2026. 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.
Is CoJax Oil & Gas (CJAX) Overvalued in 2026?
Based on GuruFocus' analysis, CoJax Oil & Gas stock appears to be overvalued.
The current stock price of $3.55 is trading 104% above its estimated GF Value™ of $1.74.
Key valuation signals for CJAX:
Equity-to-Asset: 0.79 (13% above median its 10-year median of 0.70)
GF Value™: $1.74 vs. price of $3.55 (104% above fair value)
Industry Position: 61.2% above the Oil & Gas median
No single metric tells the full story. See the CJAX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CoJax Oil & Gas Corp is an oil and gas exploration and production company, with producing assets in Southwest Alabama. It is engaged in the acquisition and development of lower risk onshore oil and gas producing properties within the Southeastern United States. It generates maximum revenue from Crude oil.
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