Contango Holdings (Contango Holdings) Equity-to-Asset : 0.63 (As of Nov. 2023)

Contango Holdings Equity-to-Asset Chart

Contango Holdings Semi-Annual Data
	May17	Nov17	May18	May19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Equity-to-Asset	Get a 7-Day Free Trial							0.82	0.76	0.92	0.74	0.63

Competitive Comparison of Contango Holdings's Equity-to-Asset

For the Thermal Coal subindustry, Contango 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.

Contango Holdings's Equity-to-Asset Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Contango Holdings's Equity-to-Asset distribution charts can be found below:

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

Contango 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.

Contango Holdings's Equity to Asset Ratio for the fiscal year that ended in May. 2023 is calculated as

Contango Holdings's Equity to Asset Ratio for the quarter that ended in Nov. 2023 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.

Contango Holdings  (GREY:COHLF) 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%.

Contango Holdings Equity-to-Asset Related Terms

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Contango Holdings (Contango Holdings) Business Description