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Tallgrass Energy (FRA:TGV) Equity-to-Asset : 0.13 (As of Dec. 2012)


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What is Tallgrass Energy Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tallgrass Energy's Total Stockholders Equity for the quarter that ended in Dec. 2012 was €3.07 Mil. Tallgrass Energy's Total Assets for the quarter that ended in Dec. 2012 was €23.98 Mil. Therefore, Tallgrass Energy's Equity to Asset Ratio for the quarter that ended in Dec. 2012 was 0.13.

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

FRA:TGV'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.

Tallgrass Energy Equity-to-Asset Historical Data

The historical data trend for Tallgrass 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.

Tallgrass Energy Equity-to-Asset Chart

Tallgrass Energy Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.59 0.86 0.86 0.22 0.13

Tallgrass Energy Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only 0.59 0.86 0.86 0.22 0.13

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

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


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

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

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



Tallgrass 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.

Tallgrass Energy's Equity to Asset Ratio for the fiscal year that ended in Dec. 2012 is calculated as

Equity to Asset (A: Dec. 2012 )=Total Stockholders Equity/Total Assets
=3.067/23.976
=0.13

Tallgrass Energy's Equity to Asset Ratio for the quarter that ended in Dec. 2012 is calculated as

Equity to Asset (Q: Dec. 2012 )=Total Stockholders Equity/Total Assets
=3.067/23.976
=0.13

* 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.


Tallgrass Energy  (FRA:TGV) 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%.


Tallgrass Energy Equity-to-Asset Related Terms

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Tallgrass Energy (FRA:TGV) Business Description

Traded in Other Exchanges
N/A
Address
Tallgrass Energy Corp was incorporated pursuant to the provisions of the Alberta Business Corporations Act on March 10, 2010. On December 31, 2012, the Company amalgamated with Anglo Canadian Oil Corp. The Company is engaged in the exploration, development and production of petroleum and natural gas in the Western Canadian Basin. The Company receives its revenue from the sale of oil, natural gas and natural gas liquids. Other revenue is derived from emulsion processing, treating, saltwater disposal fees charged to third parties as well as well operating fees and road use fees.

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