Sirius Petroleum (LSE:SRSP) Equity-to-Asset: 0.40 (As of Dec. 2018) — 55% Below Median

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What is Sirius Petroleum Equity-to-Asset?

Sirius Petroleum LSE:SRSP Equity-to-Asset is 0.40 as of Dec. 2018, which is 55% below its 10-year median of 0.89. The stock has 4 warning signs investors should review.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sirius Petroleum's Total Stockholders Equity for the quarter that ended in Dec. 2018 was £5.43 Mil. Sirius Petroleum's Total Assets for the quarter that ended in Dec. 2018 was £13.76 Mil.

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

During the past 13 years, the highest Equity to Asset Ratio of Sirius Petroleum was 0.95. The lowest was 0.00. And the median was 0.89.

LSE:SRSP's Equity-to-Asset is not ranked *
in the Oil & Gas industry.
Industry Median: 0.5
* Ranked among companies with meaningful Equity-to-Asset only.

Sirius Petroleum  (LSE:SRSP) 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%.


Sirius Petroleum Equity-to-Asset Related Terms


Sirius Petroleum Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Sirius 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.

Sirius Petroleum Equity-to-Asset Chart

Sirius Petroleum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 -0.21 -0.15 -1.28 -0.43

Sirius Petroleum Semi-Annual Data
Jan08 Jul08 Jan09 Jul09 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
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 0.02 0.22 0.65 0.48 0.40

LSE:SRSP vs WHZT, GSPE: Equity-to-Asset Comparison

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


Sirius Petroleum Equity-to-Asset vs Oil & Gas Industry

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

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



Sirius 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.

Sirius 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
=-29.166928145814/98.99435205598
=-0.29

Sirius Petroleum's Equity to Asset Ratio for the quarter that ended in Dec. 2018 is calculated as

Equity to Asset (Q: Dec. 2018 )=Total Stockholders Equity/Total Assets
=5.4342022613549/13.756281407158
=

* 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 0.40 mean?
Sirius Petroleum (LSE:SRSP) has a Equity-to-Asset of 0.40 as of Dec. 2018. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Sirius Petroleum and its competitors. This is 55% below median its historical median of 0.89.
Is Sirius Petroleum's Equity-to-Asset too high?
Sirius Petroleum's current Equity-to-Asset of 0.40 is 55% below median its 10-year median of 0.89. The Oil & Gas industry median Equity-to-Asset is 0.50. Sirius Petroleum's value of 0.40 is 20% below this industry median.
How does Sirius Petroleum's Equity-to-Asset compare to WHZT and GSPE?
Sirius Petroleum's Equity-to-Asset of 0.40 can be compared against companies in the Oil & Gas industry. The industry median Equity-to-Asset is 0.50. Sirius Petroleum's value of 0.40 is 20% below this benchmark. While the company's 10-year median is 0.89 vs. the industry median of 0.50, Sirius 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. Sirius Petroleum's current Equity-to-Asset of 0.40 is 20% 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 Sirius 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. Sirius Petroleum's current Equity-to-Asset is 0.40, which is 55% below median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sirius Petroleum stock overvalued right now?
Sirius Petroleum (LSE:SRSP) has a current Equity-to-Asset of 0.40. The current Equity-to-Asset is 0.40, which is 55% below median its 10-year median of 0.89 and 20% 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 Sirius Petroleum (LSE:SRSP), the current Equity-to-Asset is 0.40 as of Dec. 2018. 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.

Sirius Petroleum Business Description

Industry EnergyOil & Gas
Address 25 Bury Street, 1st Floor, London, GBR, SW1Y 6AL
Sirius Petroleum PLC is an independent oil development company. It focuses on opportunities in the oil and gas sector with particular emphasis in Nigeria. The company acquires and develops offshore proven oil discoveries in Nigeria that have beneficial indigenous tax regimes. The company has only one operating segment: Oil Extraction and Related Activities.