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Capricorn Energy (Capricorn Energy) Equity-to-Asset : 0.61 (As of Dec. 2023)


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What is Capricorn Energy Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Capricorn Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $406.5 Mil. Capricorn Energy's Total Assets for the quarter that ended in Dec. 2023 was $667.6 Mil. Therefore, Capricorn Energy's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.61.

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

CRNCY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61   Med: 0.77   Max: 0.91
Current: 0.61

During the past 13 years, the highest Equity to Asset Ratio of Capricorn Energy was 0.91. The lowest was 0.61. And the median was 0.77.

CRNCY's Equity-to-Asset is ranked better than
65.38% of 1089 companies
in the Oil & Gas industry
Industry Median: 0.5 vs CRNCY: 0.61

Capricorn Energy Equity-to-Asset Historical Data

The historical data trend for Capricorn 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.

Capricorn Energy Equity-to-Asset Chart

Capricorn Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.69 0.80 0.77 0.61

Capricorn Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.80 0.75 0.77 0.67 0.61

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

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


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

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

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



Capricorn 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.

Capricorn Energy'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
=406.5/667.6
=0.61

Capricorn Energy's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=406.5/667.6
=0.61

* 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.


Capricorn Energy  (OTCPK:CRNCY) 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%.


Capricorn Energy Equity-to-Asset Related Terms

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


Capricorn Energy (Capricorn Energy) Business Description

Traded in Other Exchanges
Address
50 Lothian Road, Edinburgh, GBR, EH3 9BY
Capricorn Energy PLC is an independent oil and gas exploration and development company. It has explored for, discovered, developed, and produced oil and gas in a variety of locations throughout the world as an operator and partner in all stages of the oil and gas lifecycle. The company's production, development, and exploration activities are focused on Egypt, with further exploration activities in the UK North Sea, West Africa, and Latin America.

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