GTMIF (Gastem) Equity-to-Asset: 0.88 (As of Sep. 2013)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Gastem Equity-to-Asset?

Gastem GTMIF -99.00% Equity-to-Asset is 0.88 as of Sep. 2013.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gastem's Total Stockholders Equity for the quarter that ended in Sep. 2013 was $19.19 Mil. Gastem's Total Assets for the quarter that ended in Sep. 2013 was $21.73 Mil.

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

GTMIF's Equity-to-Asset is not ranked *
in the Oil & Gas industry.
Industry Median: 0.49
* Ranked among companies with meaningful Equity-to-Asset only.

Gastem  (OTCPK:GTMIF) 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%.


Gastem Equity-to-Asset Related Terms


Gastem Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Gastem'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.

Gastem Equity-to-Asset Chart

Gastem Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.89 0.98 0.94 0.87 0.90

Gastem Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 0.88 0.90 0.90 0.88 0.88

GTMIF vs : Equity-to-Asset Comparison

For the Oil & Gas E&P subindustry, Gastem'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.


Gastem Equity-to-Asset vs Oil & Gas Industry

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

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



Gastem 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.

Gastem'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
=24.152/26.943
=

Gastem's Equity to Asset Ratio for the quarter that ended in Sep. 2013 is calculated as

Equity to Asset (Q: Sep. 2013 )=Total Stockholders Equity/Total Assets
=19.194/21.726
=

* 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 0.88 mean?
Gastem (GTMIF) has a Equity-to-Asset of 0.88 as of Sep. 2013. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Gastem and its competitors.
Is Gastem's Equity-to-Asset too high?
Gastem's current Equity-to-Asset is 0.88. The Oil & Gas industry median Equity-to-Asset is 0.49. Gastem's value of 0.88 is 79.6% above this industry median.
How does Gastem's Equity-to-Asset compare to ?
Gastem's Equity-to-Asset of 0.88 can be compared against companies in the Oil & Gas industry. The industry median Equity-to-Asset is 0.49. Gastem's value of 0.88 is 79.6% above this benchmark. 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 0.49, based on 1,035 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. Gastem's current Equity-to-Asset of 0.88 is 79.6% above the industry median. 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 Gastem and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gastem's current Equity-to-Asset is 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gastem stock overvalued right now?
Gastem (GTMIF) has a current Equity-to-Asset of 0.88. The current Equity-to-Asset is 0.88 and 79.6% above the Oil & Gas industry median of 0.49. 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 Gastem (GTMIF), the current Equity-to-Asset is 0.88 as of Sep. 2013. 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.

Gastem Business Description

Industry EnergyOil & Gas
Comparable Companies
Address 1155, rue University, Bureau 1308, Montreal, QC, CAN, H3B 3A7
Gastem Inc is a Quebec-based oil and gas exploration and development company. Its main focus is to develop commercial production of the Utica Shale formations in Quebec and New York State as well as exploring the world-class potential conventional structures of the Magdalen Islands and the Magdalen Basin in Quebec. The company's operations include Yamaska Property, St Jean Block, Joly Property, US Appalachia, and the Gulf of St Lawrence.