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LNG Energy Group (FRA:E26) Equity-to-Asset : 0.15 (As of Sep. 2024)


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What is LNG Energy Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. LNG Energy Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €27.57 Mil. LNG Energy Group's Total Assets for the quarter that ended in Sep. 2024 was €183.14 Mil. Therefore, LNG Energy Group's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.15.

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

FRA:E26' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.15   Med: 0.7   Max: 0.99
Current: 0.15

During the past 2 years, the highest Equity to Asset Ratio of LNG Energy Group was 0.99. The lowest was 0.15. And the median was 0.70.

FRA:E26's Equity-to-Asset is ranked worse than
86.77% of 1058 companies
in the Oil & Gas industry
Industry Median: 0.51 vs FRA:E26: 0.15

LNG Energy Group Equity-to-Asset Historical Data

The historical data trend for LNG Energy 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.

* Premium members only.

LNG Energy Group Equity-to-Asset Chart

LNG Energy Group Annual Data
Trend May22 May23
Equity-to-Asset
0.79 0.97

LNG Energy Group Quarterly Data
May22 Aug22 Dec22 Mar23 Jul23 Dec23 Mar24 Sep24
Equity-to-Asset Get a 7-Day Free Trial 0.70 0.99 0.18 0.16 0.15

Competitive Comparison of LNG Energy Group's Equity-to-Asset

For the Oil & Gas E&P subindustry, LNG Energy 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.


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

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

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


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LNG Energy 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.

LNG Energy Group's Equity to Asset Ratio for the fiscal year that ended in May. 2023 is calculated as

Equity to Asset (A: May. 2023 )=Total Stockholders Equity/Total Assets
=4.963/5.135
=

LNG Energy Group's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=27.565/183.137
=0.15

* 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.


LNG Energy Group  (FRA:E26) 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%.


LNG Energy Group Equity-to-Asset Related Terms

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


LNG Energy Group Business Description

Traded in Other Exchanges
Address
40 Temperance Street, Suite 3200, Bay Adelaide Centre - North Tower, Toronto, ON, CAN, M5H 0B4
LNG Energy Group Corp is a production, exploration and development company focused on natural gas projects in South America. LNG Energy has entered into a binding agreement with respect to the purchase of 100% of LEC and will own and operate the SSJN-1 Block, the SSJN-3-1 Block, the Perdices Block, the VIM-41 Block, and the VIM-42 Block. The company's business objective is to build a diversified energy company in South America and is currently focused on Colombia.

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