Emerald Oil Industries (DHA:EMERALDOIL) Equity-to-Asset: -0.93 (As of Dec. 2023)

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DHA:EMERALDOIL Emerald Oil Industries Ltd DHA:EMERALDOIL
30 GF Score
Price BDT29.20
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What is Emerald Oil Industries Equity-to-Asset?

Emerald Oil Industries DHA:EMERALDOIL +0.69% 30 Equity-to-Asset is -0.93 as of Dec. 2023. GuruFocus rates DHA:EMERALDOIL with a GF Score™ of 30/100.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Emerald Oil Industries's Total Stockholders Equity for the quarter that ended in Dec. 2023 was BDT-794 Mil. Emerald Oil Industries's Total Assets for the quarter that ended in Dec. 2023 was BDT856 Mil. Therefore, Emerald Oil Industries's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.93.

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

DHA:EMERALDOIL's Equity-to-Asset is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.55
* Ranked among companies with meaningful Equity-to-Asset only.

Emerald Oil Industries  (DHA:EMERALDOIL) 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%.


Emerald Oil Industries Equity-to-Asset Related Terms


Emerald Oil Industries Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Emerald Oil Industries'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.

Emerald Oil Industries Equity-to-Asset Chart

Emerald Oil Industries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.11 -2.28 -2.59 -1.55 -1.16

Emerald Oil Industries Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Jun18 Jun19 Jun20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -1.28 -1.21 -1.16 -0.90 -0.93

DHA:EMERALDOIL vs KHC, GIS, K: Equity-to-Asset Comparison

For the Packaged Foods subindustry, Emerald Oil Industries'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.


Emerald Oil Industries Equity-to-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Emerald Oil Industries's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Emerald Oil Industries's Equity-to-Asset falls into.


DHA:EMERALDOIL
30GF Score
Emerald Oil Industries Ltd DHA:EMERALDOIL
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Emerald Oil Industries 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.

Emerald Oil Industries's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=-946.258/816.938
=-1.16

Emerald Oil Industries'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
=-793.873/855.996
=-0.93

* 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 -0.93 mean?
Emerald Oil Industries (DHA:EMERALDOIL) has a Equity-to-Asset of -0.93 as of Dec. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Emerald Oil Industries and its competitors.
Is Emerald Oil Industries' Equity-to-Asset too high?
Emerald Oil Industries' current Equity-to-Asset is -0.93. Overall, Emerald Oil Industries has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Emerald Oil Industries' Equity-to-Asset compare to KHC and GIS?
Emerald Oil Industries' Equity-to-Asset of -0.93 can be compared against companies in the Consumer Packaged Goods industry. The industry median Equity-to-Asset is 0.55. 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 a Consumer Packaged Goods company?
The median Equity-to-Asset among Consumer Packaged Goods companies is 0.55, based on 2,012 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. 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 Emerald Oil Industries and its competitors. For the Consumer Packaged Goods industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emerald Oil Industries's current Equity-to-Asset is -0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerald Oil Industries stock overvalued right now?
Emerald Oil Industries (DHA:EMERALDOIL) has a current Equity-to-Asset of -0.93. The current Equity-to-Asset is -0.93. Emerald Oil Industries' overall GF Score™ is 30/100. 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 Emerald Oil Industries (DHA:EMERALDOIL), the current Equity-to-Asset is -0.93 as of Dec. 2023. 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.

Emerald Oil Industries Business Description

Address Halimunnesa's Court (Floor-9), 23, Kakrail, Dhaka, BGD, 1000
Emerald Oil Industries Ltd engages in producing of rice bran oil by processing rice bran collected from local auto rice mills. The company markets its product in its own brand name Spondon Rice Bran Oil. The company offers rice bran oil for use in preparing fried foods, snacks, margarine, salad dressings, baking goods, soaps, and skin creams. The firm also produces various by-products, including De-Oil Rice Bran, Fatty Acid, Wax, Gum and Spent Earth.
30GF Score

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

BDT29.20
Price