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Max PetroleumLSE:MXP Equity-to-Asset is 0.47 as of Sep. 2014, which is 13% below its 10-year median of 0.54. The stock has 6 warning signs investors should review.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Max Petroleum's Total Stockholders Equity for the quarter that ended in Sep. 2014 was £77.27 Mil. Max Petroleum's Total Assets for the quarter that ended in Sep. 2014 was £165.90 Mil.
Therefore, Max Petroleum's Equity to Asset Ratio for the quarter that ended in Sep. 2014 was 0.47.
The historical rank and industry rank for Max Petroleum's Equity-to-Asset or its related term are showing as below:
LSE:MXP'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.2 Med: 0.54 Max: 0.74
Current: 0.47
During the past 9 years, the highest Equity to Asset Ratio of Max Petroleum was 0.74. The lowest was 0.20. And the median was 0.54.
LSE:MXP's Equity-to-Asset is not ranked
in the Oil & Gas industry.
Industry Median: 0.5
vs LSE:MXP: 0.47
Max Petroleum (LSE:MXP) 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%.
Max Petroleum Equity-to-Asset Related Terms
Max Petroleum Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Max 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.
Max Petroleum Equity-to-Asset Competitor Comparison
For the Oil & Gas E&P subindustry, Max 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.
Max Petroleum Equity-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Max Petroleum's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Max Petroleum's Equity-to-Asset falls into.
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.
Max Petroleum's Equity to Asset Ratio for the fiscal year that ended in Mar. 2014 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.
Max Petroleum (LSE:MXP) has a Equity-to-Asset of 0.47 as of Sep. 2014. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Max Petroleum and its competitors. This is 13% below median its historical median of 0.54. Over the past decade, Max Petroleum's Equity-to-Asset has ranged from 0.20 to 0.74.
Is Max Petroleum's Equity-to-Asset too high?
Max Petroleum's current Equity-to-Asset of 0.47 is 13% below median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.74. The Oil & Gas industry median Equity-to-Asset is 0.50. Max Petroleum's value of 0.47 is 6% below this industry median.
How does Max Petroleum's Equity-to-Asset compare to competitors?
Max Petroleum's Equity-to-Asset of 0.47 can be compared against companies in the Oil & Gas industry. The industry median Equity-to-Asset is 0.50. Max Petroleum's value of 0.47 is 6% below this benchmark. Historically, Max Petroleum's own Equity-to-Asset has ranged from 0.20 to 0.74 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 0.50, Max Petroleum has consistently been below the industry average. 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 1,029 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. Max Petroleum's current Equity-to-Asset of 0.47 is 6% below 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 Max Petroleum 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. Max Petroleum's current Equity-to-Asset is 0.47, which is 13% below median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Max Petroleum stock overvalued right now?
Max Petroleum (LSE:MXP) has a current Equity-to-Asset of 0.47. The current Equity-to-Asset is 0.47, which is 13% below median its 10-year median of 0.54 and 6% below the Oil & Gas industry median of 0.50. 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 Max Petroleum (LSE:MXP), the current Equity-to-Asset is 0.47 as of Sep. 2014. 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.
Max Petroleum Plc is an independent oil and gas exploration and production company. The company is engaged in the business of exploration, development, and production of oil and gas assets within the Republic of Kazakhstan. The group owns the exploration and production rights to the Blocks A&E License, which comprises two onshore blocks extending over 12,455 km2 in the Pre-Caspian Basin in Western Kazakhstan.
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