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ION Geophysical (FRA:IO8N) Equity-to-Asset : -0.35 (As of Sep. 2021)


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What is ION Geophysical Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. ION Geophysical's Total Stockholders Equity for the quarter that ended in Sep. 2021 was €-56.43 Mil. ION Geophysical's Total Assets for the quarter that ended in Sep. 2021 was €162.27 Mil. Therefore, ION Geophysical's Equity to Asset Ratio for the quarter that ended in Sep. 2021 was -0.35.

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

FRA:IO8N'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.

ION Geophysical Equity-to-Asset Historical Data

The historical data trend for ION Geophysical'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.

ION Geophysical Equity-to-Asset Chart

ION Geophysical Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.10 0.02 -0.16 -0.38

ION Geophysical Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 -0.38 -0.37 -0.37 -0.35

Competitive Comparison of ION Geophysical's Equity-to-Asset

For the Oil & Gas Equipment & Services subindustry, ION Geophysical'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.


ION Geophysical's Equity-to-Asset Distribution in the Oil & Gas Industry

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

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



ION Geophysical 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.

ION Geophysical's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Equity to Asset (A: Dec. 2020 )=Total Stockholders Equity/Total Assets
=-59.761/159.133
=-0.38

ION Geophysical's Equity to Asset Ratio for the quarter that ended in Sep. 2021 is calculated as

Equity to Asset (Q: Sep. 2021 )=Total Stockholders Equity/Total Assets
=-56.426/162.272
=-0.35

* 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.


ION Geophysical  (FRA:IO8N) 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%.


ION Geophysical Equity-to-Asset Related Terms

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


ION Geophysical (FRA:IO8N) Business Description

Traded in Other Exchanges
N/A
Address
2105 CityWest Boulevard, Suite 100, Houston, TX, USA, 77042-2855
ION Geophysical Corp is a United States-based technology-focused company, which provides geoscience products, services, and solutions to the global oil and gas industry. The company operates through two segments: E&P Technology & Services and E&P Operations Optimization. It generates the majority of its revenue comes from the Technology & Services segment which creates digital data assets and delivers services to E&P(exploration and production) companies. Its geographical segments are Latin America, North America, Europe, Asia Pacific, Africa, Middle East, and others.

ION Geophysical (FRA:IO8N) Headlines

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