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Trillion Energy International (FRA:Z620) Equity-to-Asset : 0.38 (As of Dec. 2023)


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What is Trillion Energy International Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Trillion Energy International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €20.37 Mil. Trillion Energy International's Total Assets for the quarter that ended in Dec. 2023 was €53.75 Mil. Therefore, Trillion Energy International's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.38.

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

FRA:Z620' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.05   Med: 0.38   Max: 0.96
Current: 0.38

During the past 13 years, the highest Equity to Asset Ratio of Trillion Energy International was 0.96. The lowest was -1.05. And the median was 0.38.

FRA:Z620's Equity-to-Asset is ranked worse than
65.08% of 1091 companies
in the Oil & Gas industry
Industry Median: 0.5 vs FRA:Z620: 0.38

Trillion Energy International Equity-to-Asset Historical Data

The historical data trend for Trillion Energy International'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.

Trillion Energy International Equity-to-Asset Chart

Trillion Energy International Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 -1.05 -0.68 0.56 0.38

Trillion Energy International Quarterly Data
Sep17 Dec17 Mar18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.56 0.55 0.27 0.38 0.38

Competitive Comparison of Trillion Energy International's Equity-to-Asset

For the Oil & Gas E&P subindustry, Trillion Energy International'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.


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

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

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



Trillion Energy International 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.

Trillion Energy International's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=20.369/53.745
=0.38

Trillion Energy International's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=20.369/53.745
=0.38

* 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.


Trillion Energy International  (FRA:Z620) 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%.


Trillion Energy International Equity-to-Asset Related Terms

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Trillion Energy International (FRA:Z620) Business Description

Traded in Other Exchanges
Address
838 West Hastings Street, Suite 700, Vancouver, BC, CAN, V6C 0A6
Trillion Energy International Inc is an oil and gas-producing company with multiple assets throughout Turkey and Bulgaria. The company is 49% owner of the SASB natural gas field, one of the Black Sea's first natural gas development projects; a 19.6% (except three wells with 9.8%) ownership interest in the Cendere oil field; and Bulgaria, the Vranino 1-11 block, a prospective unconventional natural gas property. The company has three operating segments; North America, Turkey, and Bulgaria. It derives a majority of its revenue from Turkey.

Trillion Energy International (FRA:Z620) Headlines

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