Efora Energy (JSE:EEL) Equity-to-Asset : 0.82 (As of Feb. 2024)

Efora Energy Equity-to-Asset Chart

Efora Energy Annual Data
	Trend	Feb15	Feb16	Feb17	Feb18	Feb19	Feb20	Feb21	Feb22	Feb23	Feb24
Equity-to-Asset		Get a 7-Day Free Trial					0.59	-0.34	-	0.89	0.82

Efora Energy Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Equity-to-Asset	Get a 7-Day Free Trial															-	0.91	0.89	0.86	0.82

Competitive Comparison of Efora Energy's Equity-to-Asset

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

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

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

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

Efora 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.

Efora Energy's Equity to Asset Ratio for the fiscal year that ended in Feb. 2024 is calculated as

Efora Energy's Equity to Asset Ratio for the quarter that ended in Feb. 2024 is calculated as

* 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.

Efora Energy  (JSE:EEL) 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%.

Efora Energy Equity-to-Asset Related Terms

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Efora Energy Business Description