Tuscany International Drilling, (FRA:TS1) Equity-to-Asset : 0.21 (As of Mar. 2014)

View and export this data going back to . Start your Free Trial

What is Tuscany International Drilling, Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tuscany International Drilling,'s Total Stockholders Equity for the quarter that ended in Mar. 2014 was €54.1 Mil. Tuscany International Drilling,'s Total Assets for the quarter that ended in Mar. 2014 was €252.9 Mil. Therefore, Tuscany International Drilling,'s Equity to Asset Ratio for the quarter that ended in Mar. 2014 was 0.21.

The historical rank and industry rank for Tuscany International Drilling,'s Equity-to-Asset or its related term are showing as below:

FRA:TS1' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22 Med: 0.56 Max: 0.89
Current: 0.22

During the past 5 years, the highest Equity to Asset Ratio of Tuscany International Drilling, was 0.89. The lowest was 0.22. And the median was 0.56.

FRA:TS1's Equity-to-Asset is not ranked
in the Oil & Gas industry.
Industry Median: 0.5 vs FRA:TS1: 0.22

Tuscany International Drilling, Equity-to-Asset Historical Data

The historical data trend for Tuscany International Drilling,'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.

Tuscany International Drilling, Equity-to-Asset Chart

Tuscany International Drilling, Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Equity-to-Asset

0.89

0.67

0.56

0.51

0.22

Tuscany International Drilling, Quarterly Data
	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14
Equity-to-Asset	Get a 7-Day Free Trial															0.50	0.49	0.37	0.22	0.21

Competitive Comparison of Tuscany International Drilling,'s Equity-to-Asset

For the Oil & Gas Equipment & Services subindustry, Tuscany International Drilling,'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.

Tuscany International Drilling,'s Equity-to-Asset Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Tuscany International Drilling,'s Equity-to-Asset falls into.

Tuscany International Drilling, 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.

Tuscany International Drilling,'s Equity to Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Equity to Asset (A: Dec. 2013 )	=	Total Stockholders Equity	/	Total Assets
	=	59.259	/	271.632
	=	0.22

Tuscany International Drilling,'s Equity to Asset Ratio for the quarter that ended in Mar. 2014 is calculated as

Equity to Asset (Q: Mar. 2014 )	=	Total Stockholders Equity	/	Total Assets
	=	54.085	/	252.888
	=	0.21

Tuscany International Drilling, (FRA:TS1) 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%.

Tuscany International Drilling, Equity-to-Asset Related Terms

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

Tuscany International Drilling, (FRA:TS1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tuscany International Drilling, Inc. (FRA:TS1) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.tuscanydrilling.com

Tuscany International Drilling Inc was incorporated on April 6, 2004, pursuant to the provisions of the Business Corporations Act Alberta. The company is a Canadian-based oilfield services company; offering drilling, completion and workover services to the oil and natural gas industry, in South America. It is comprised of 26 owned drilling and workover rigs. It competes directly with various international and local companies in each region in which it operate.

Tuscany International Drilling, (FRA:TS1) Headlines

No Headlines