Hi-Crush (FRA:HCU) Equity-to-Asset: 0.26 (As of Jun. 2020) — 40% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Hi-Crush Equity-to-Asset?

Hi-Crush FRA:HCU Equity-to-Asset is 0.26 as of Jun. 2020, which is 40% below its 10-year median of 0.43. The stock has 3 warning signs investors should review.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hi-Crush's Total Stockholders Equity for the quarter that ended in Jun. 2020 was €204.1 Mil. Hi-Crush's Total Assets for the quarter that ended in Jun. 2020 was €773.8 Mil. Therefore, Hi-Crush's Equity to Asset Ratio for the quarter that ended in Jun. 2020 was 0.26.

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

FRA:HCU' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14   Med: 0.43   Max: 1.1
Current: 0.26

During the past 10 years, the highest Equity to Asset Ratio of Hi-Crush was 1.10. The lowest was 0.14. And the median was 0.43.

FRA:HCU's Equity-to-Asset is not ranked
in the Oil & Gas industry.
Industry Median: 0.495 vs FRA:HCU: 0.26

Hi-Crush  (FRA:HCU) 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%.


Hi-Crush Equity-to-Asset Related Terms


Hi-Crush Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Hi-Crush'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.

Hi-Crush Equity-to-Asset Chart

Hi-Crush Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.45 1.10 0.29 0.36

Hi-Crush Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 0.45 0.37 0.36 0.27 0.26

FRA:HCU vs NCSM, QES, DWSN: Equity-to-Asset Comparison

For the Oil & Gas Equipment & Services subindustry, Hi-Crush'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.


Hi-Crush Equity-to-Asset vs Oil & Gas Industry

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

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



Hi-Crush 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.

Hi-Crush's Equity to Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Equity to Asset (A: Dec. 2019 )=Total Stockholders Equity/Total Assets
=361.012/1000.023
=0.36

Hi-Crush's Equity to Asset Ratio for the quarter that ended in Jun. 2020 is calculated as

Equity to Asset (Q: Jun. 2020 )=Total Stockholders Equity/Total Assets
=204.088/773.775
=0.26

* 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 0.26 mean?
Hi-Crush (FRA:HCU) has a Equity-to-Asset of 0.26 as of Jun. 2020. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Hi-Crush and its competitors. This is 40% below median its historical median of 0.43. Over the past decade, Hi-Crush's Equity-to-Asset has ranged from 0.14 to 1.10.
Is Hi-Crush's Equity-to-Asset too high?
Hi-Crush's current Equity-to-Asset of 0.26 is 40% below median its 10-year median of 0.43. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 1.10. The Oil & Gas industry median Equity-to-Asset is 0.50. Hi-Crush's value of 0.26 is 47.5% below this industry median.
How does Hi-Crush's Equity-to-Asset compare to NCSM and QES?
Hi-Crush's Equity-to-Asset of 0.26 can be compared against companies in the Oil & Gas industry. The industry median Equity-to-Asset is 0.50. Hi-Crush's value of 0.26 is 47.5% below this benchmark. Historically, Hi-Crush's own Equity-to-Asset has ranged from 0.14 to 1.10 over the past decade. While the company's 10-year median is 0.43 vs. the industry median of 0.50, Hi-Crush has consistently been below the industry average. 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 an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.50, based on 1,030 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. Hi-Crush's current Equity-to-Asset of 0.26 is 47.5% below the industry median. 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 Hi-Crush and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hi-Crush's current Equity-to-Asset is 0.26, which is 40% below median its own 10-year median of 0.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hi-Crush stock overvalued right now?
Based on GuruFocus' analysis, Hi-Crush (FRA:HCU) is currently considered Possible Value Trap. The current Equity-to-Asset is 0.26, which is 40% below median its 10-year median of 0.43 and 47.5% below the Oil & Gas industry median of 0.50. 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 Hi-Crush (FRA:HCU), the current Equity-to-Asset is 0.26 as of Jun. 2020. 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.

Hi-Crush Business Description

Industry EnergyOil & Gas
Address 1330 Post Oak Boulevard, Suite 600, Houston, TX, USA, 77056
Hi-Crush is one of the leading suppliers of sand used in the hydraulic fracturing of oil and gas wells. It produces Northern White sand from four mines in Wisconsin and one mine in West Texas. The company delivers sand in most major basins via its extensive logistics network.