GSPE (Gulfslope Energy) Equity-to-Asset: -1.74 (As of Jun. 2023)

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What is Gulfslope Energy Equity-to-Asset?

Gulfslope Energy GSPE Equity-to-Asset is -1.74 as of Jun. 2023.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gulfslope Energy's Total Stockholders Equity for the quarter that ended in Jun. 2023 was $-9.35 Mil. Gulfslope Energy's Total Assets for the quarter that ended in Jun. 2023 was $5.37 Mil.

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

GSPE'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.

Gulfslope Energy  (OTCPK:GSPE) 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%.

Gulfslope Energy Equity-to-Asset Related Terms

Gulfslope Energy Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Gulfslope 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.

Gulfslope Energy Equity-to-Asset Chart

Gulfslope Energy Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.22 -0.01 0.13 0.00 -1.56

Gulfslope Energy Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -0.47 -1.56 -1.65 -1.72 -1.74

GSPE vs FECOF, AMNI, VBHI: Equity-to-Asset Comparison

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

Gulfslope Energy Equity-to-Asset vs Oil & Gas Industry

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

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


Gulfslope 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.

Gulfslope Energy's Equity to Asset Ratio for the fiscal year that ended in Sep. 2022 is calculated as

Equity to Asset (A: Sep. 2022 )=Total Stockholders Equity/Total Assets
=-8.52/5.471
=

Gulfslope Energy's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=-9.348/5.366
=

* 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 -1.74 mean?
Gulfslope Energy (GSPE) has a Equity-to-Asset of -1.74 as of Jun. 2023. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Gulfslope Energy and its competitors.
Is Gulfslope Energy's Equity-to-Asset too high?
Gulfslope Energy's current Equity-to-Asset is -1.74.
How does Gulfslope Energy's Equity-to-Asset compare to FECOF and AMNI?
Gulfslope Energy's Equity-to-Asset of -1.74 can be compared against companies in the Oil & Gas industry. The industry median Equity-to-Asset is 0.50. 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 1,028 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. 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 Gulfslope Energy 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. Gulfslope Energy's current Equity-to-Asset is -1.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulfslope Energy stock overvalued right now?
Gulfslope Energy (GSPE) has a current Equity-to-Asset of -1.74. The current Equity-to-Asset is -1.74. 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 Gulfslope Energy (GSPE), the current Equity-to-Asset is -1.74 as of Jun. 2023. 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.

Gulfslope Energy Business Description

Industry EnergyOil & Gas
Address 1000 Main Street, Suite 2300, Houston, TX, USA, 77002
Gulfslope Energy Inc is a part of the oil and gas markets. It is a crude oil and natural gas exploration and production company. The company's activities are focused on the shelf area of the Gulf of Mexico. It is focused on identifying and acquiring oil and gas prospects. It has licensed three-dimensional seismic data and has evaluated this data using interpretation technologies.