EXPL (Endurance Exploration Group) Equity-to-Asset: -0.15 (As of Sep. 2018)

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What is Endurance Exploration Group Equity-to-Asset?

Endurance Exploration Group EXPL +1,328.57% Equity-to-Asset is -0.15 as of Sep. 2018.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Endurance Exploration Group's Total Stockholders Equity for the quarter that ended in Sep. 2018 was $-0.09 Mil. Endurance Exploration Group's Total Assets for the quarter that ended in Sep. 2018 was $0.61 Mil.

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

EXPL's Equity-to-Asset is not ranked *
in the Waste Management industry.
Industry Median: 0.45
* Ranked among companies with meaningful Equity-to-Asset only.

Endurance Exploration Group  (OTCPK:EXPL) 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%.

Endurance Exploration Group Equity-to-Asset Related Terms

Endurance Exploration Group Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Endurance Exploration Group'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.

Endurance Exploration Group Equity-to-Asset Chart

Endurance Exploration Group Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Dec14 Dec15 Dec16 Dec17
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -36.11 -0.43 0.52 0.74 0.21

Endurance Exploration Group Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 0.28 0.21 0.05 -0.10 -0.15

EXPL vs NESCQ, SENR, HDII: Equity-to-Asset Comparison

For the Waste Management subindustry, Endurance Exploration Group'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.

Endurance Exploration Group Equity-to-Asset vs Waste Management Industry

For the Waste Management industry and Industrials sector, Endurance Exploration Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Endurance Exploration Group's Equity-to-Asset falls into.


Endurance Exploration Group 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.

Endurance Exploration Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Equity to Asset (A: Dec. 2017 )=Total Stockholders Equity/Total Assets
=0.107/0.511
=

Endurance Exploration Group's Equity to Asset Ratio for the quarter that ended in Sep. 2018 is calculated as

Equity to Asset (Q: Sep. 2018 )=Total Stockholders Equity/Total Assets
=-0.091/0.607
=

* 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 -0.15 mean?
Endurance Exploration Group (EXPL) has a Equity-to-Asset of -0.15 as of Sep. 2018. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Endurance Exploration Group and its competitors.
Is Endurance Exploration Group's Equity-to-Asset too high?
Endurance Exploration Group's current Equity-to-Asset is -0.15.
How does Endurance Exploration Group's Equity-to-Asset compare to NESCQ and SENR?
Endurance Exploration Group's Equity-to-Asset of -0.15 can be compared against companies in the Waste Management industry. The industry median Equity-to-Asset is 0.45. 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 Waste Management company?
The median Equity-to-Asset among Waste Management companies is 0.45, based on 243 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 Endurance Exploration Group and its competitors. For the Waste Management industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Endurance Exploration Group's current Equity-to-Asset is -0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Endurance Exploration Group stock overvalued right now?
Endurance Exploration Group (EXPL) has a current Equity-to-Asset of -0.15. The current Equity-to-Asset is -0.15. 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 Endurance Exploration Group (EXPL), the current Equity-to-Asset is -0.15 as of Sep. 2018. 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.

Endurance Exploration Group Business Description

Address 15500 Roosevelt Boulevard, Suite 301, Clearwater, FL, USA, 33760
Endurance Exploration Group Inc is engaged in the exploration and recovery of deep-ocean shipwrecks across various countries. The company is focused on recovering bullion precious metals numismatic-grade coinage, high-value non-ferrous metals and other valuable cargos from both historic and modern shipwrecks. Its project consists of Project Connaught and Project Black Marlin. The Project Connaught is a steam-powered packet ship that transport cargo and passengers between Great Britain and the United States. Its Project Black Marlin is a vessel engaged in the trading activities.