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Imperial Petroleum (Imperial Petroleum) Equity-to-Asset : 0.96 (As of Dec. 2023)


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What is Imperial Petroleum Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Imperial Petroleum's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $362.3 Mil. Imperial Petroleum's Total Assets for the quarter that ended in Dec. 2023 was $376.8 Mil. Therefore, Imperial Petroleum's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.96.

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

IMPP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.75   Med: 0.96   Max: 0.99
Current: 0.96

During the past 13 years, the highest Equity to Asset Ratio of Imperial Petroleum was 0.99. The lowest was 0.75. And the median was 0.96.

IMPP's Equity-to-Asset is ranked better than
95.88% of 1092 companies
in the Oil & Gas industry
Industry Median: 0.51 vs IMPP: 0.96

Imperial Petroleum Equity-to-Asset Historical Data

The historical data trend for Imperial Petroleum'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.

Imperial Petroleum Equity-to-Asset Chart

Imperial Petroleum Annual Data
Trend Jul07 Jul08 Jul09 Jul10 Jul11 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.97 0.75 0.77 0.96

Imperial Petroleum Quarterly Data
Apr11 Jul11 Oct11 Jan12 Apr12 Dec19 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 0.77 0.85 0.94 0.93 0.96

Competitive Comparison of Imperial Petroleum's Equity-to-Asset

For the Oil & Gas Midstream subindustry, Imperial Petroleum'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.


Imperial Petroleum's Equity-to-Asset Distribution in the Oil & Gas Industry

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

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



Imperial Petroleum 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.

Imperial Petroleum'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
=362.305/376.835
=0.96

Imperial Petroleum'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
=362.305/376.835
=0.96

* 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.


Imperial Petroleum  (NAS:IMPP) 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%.


Imperial Petroleum Equity-to-Asset Related Terms

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


Imperial Petroleum (Imperial Petroleum) Business Description

Traded in Other Exchanges
N/A
Address
331 Kifissias Avenue, Erithrea, Athens, GRC, 14561
Imperial Petroleum Inc is a provider of international seaborne transportation services to oil producers, refineries, and commodities traders. It owns and operates a fleet of three medium-range product tankers that carry refined petroleum products such as gasoline, diesel, fuel oil and jet fuel, as well as edible oils and chemical.