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ERHC Energy (ERHC Energy) Equity-to-Asset : -1.51 (As of Jun. 2017)


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What is ERHC Energy Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ERHC Energy's Total Stockholders Equity for the quarter that ended in Jun. 2017 was $-8.37 Mil. ERHC Energy's Total Assets for the quarter that ended in Jun. 2017 was $5.56 Mil.

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

ERHE's Equity-to-Asset is not ranked *
in the Oil & Gas industry.
Industry Median: 0.5
* Ranked among companies with meaningful Equity-to-Asset only.

ERHC Energy Equity-to-Asset Historical Data

The historical data trend for ERHC 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.

ERHC Energy Equity-to-Asset Chart

ERHC Energy Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.92 0.50 0.37 -1.10

ERHC Energy Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 0.14 -1.10 -1.31 -1.47 -1.51

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

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


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

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

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



ERHC 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.

ERHC Energy's Equity to Asset Ratio for the fiscal year that ended in Sep. 2016 is calculated as

Equity to Asset (A: Sep. 2016 )=Total Stockholders Equity/Total Assets
=-6.843/6.223
=

ERHC Energy's Equity to Asset Ratio for the quarter that ended in Jun. 2017 is calculated as

Equity to Asset (Q: Jun. 2017 )=Total Stockholders Equity/Total Assets
=-8.366/5.559
=

* 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.


ERHC Energy  (OTCPK:ERHE) 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%.


ERHC Energy Equity-to-Asset Related Terms

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


ERHC Energy (ERHC Energy) Business Description

Traded in Other Exchanges
N/A
Address
5444 Westheimer Road, Suite 1440, Houston, TX, USA, 77056
ERHC Energy Inc is an exploration company engaged in the exploration of oil and gas in Africa. The company also holds working interests in exploration acreage in the Republic of Kenya, the Republic of Chad, the Joint Development Zone between the Democratic Republic of Sao Tome and Príncipe, the Federal Republic of Nigeria, and the exclusive economic zone of Sao Tome and Principe.

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