IXOG (Index Oil & Gas) Equity-to-Asset: 0.84 (As of Mar. 2009)

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What is Index Oil & Gas Equity-to-Asset?

Index Oil & Gas IXOG -99.86% Equity-to-Asset is 0.84 as of Mar. 2009.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Index Oil & Gas's Total Stockholders Equity for the quarter that ended in Mar. 2009 was $5.87 Mil. Index Oil & Gas's Total Assets for the quarter that ended in Mar. 2009 was $6.99 Mil. Therefore, Index Oil & Gas's Equity to Asset Ratio for the quarter that ended in Mar. 2009 was 0.84.

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

IXOG'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.

Index Oil & Gas  (OTCPK:IXOG) 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%.

Index Oil & Gas Equity-to-Asset Related Terms

Index Oil & Gas Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Index Oil & Gas'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.

Index Oil & Gas Equity-to-Asset Chart

Index Oil & Gas Annual Data
Trend Dec04 Dec05 Mar06 Mar07 Mar08 Mar09
Equity-to-Asset
Get a 7-Day Free Trial 0.18 0.90 0.94 0.93 0.84

Index Oil & Gas Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
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 0.93 0.97 0.96 0.94 0.84

IXOG vs FPPP, UNGS, GBEYF: Equity-to-Asset Comparison

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

Index Oil & Gas Equity-to-Asset vs Oil & Gas Industry

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

* The bar in red indicates where Index Oil & Gas's Equity-to-Asset falls into.


Index Oil & Gas 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.

Index Oil & Gas's Equity to Asset Ratio for the fiscal year that ended in Mar. 2009 is calculated as

Equity to Asset (A: Mar. 2009 )=Total Stockholders Equity/Total Assets
=5.874/6.994
=0.84

Index Oil & Gas's Equity to Asset Ratio for the quarter that ended in Mar. 2009 is calculated as

Equity to Asset (Q: Mar. 2009 )=Total Stockholders Equity/Total Assets
=5.874/6.994
=0.84

* 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 0.84 mean?
Index Oil & Gas (IXOG) has a Equity-to-Asset of 0.84 as of Mar. 2009. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Index Oil & Gas and its competitors.
Is Index Oil & Gas' Equity-to-Asset too high?
Index Oil & Gas' current Equity-to-Asset is 0.84. The Oil & Gas industry median Equity-to-Asset is 0.49. Index Oil & Gas' value of 0.84 is 71.4% above this industry median.
How does Index Oil & Gas' Equity-to-Asset compare to FPPP and UNGS?
Index Oil & Gas' Equity-to-Asset of 0.84 can be compared against companies in the Oil & Gas industry. The industry median Equity-to-Asset is 0.49. Index Oil & Gas' value of 0.84 is 71.4% 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 1,024 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. Index Oil & Gas's current Equity-to-Asset of 0.84 is 71.4% 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 Index Oil & Gas 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. Index Oil & Gas's current Equity-to-Asset is 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Index Oil & Gas stock overvalued right now?
Index Oil & Gas (IXOG) has a current Equity-to-Asset of 0.84. The current Equity-to-Asset is 0.84 and 71.4% 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 Index Oil & Gas (IXOG), the current Equity-to-Asset is 0.84 as of Mar. 2009. 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.

Index Oil & Gas Business Description

Industry EnergyOil & Gas
Address 10000 Memorial Drive, Suite 440, Houston, TX, USA, 77024
Index Oil & Gas Inc is an independent oil and natural gas company engaged in the acquisition, exploration, development, production and sale of oil and natural gas properties. It focuses on prolific petroleum system of the onshore Gulf Coast of Texas and Louisiana.