Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MMEX Resources's Total Stockholders Equity for the quarter that ended in Jan. 2025 was $-5.15 Mil. MMEX Resources's Total Assets for the quarter that ended in Jan. 2025 was $1.02 Mil.
The historical rank and industry rank for MMEX Resources's Equity-to-Asset or its related term are showing as below:
MMEX'
s Equity-to-Asset Range Over the Past 10 Years
Min: -2425 Med: -5.66 Max: -0.29
Current: -5.05
During the past 13 years, the highest Equity to Asset Ratio of MMEX Resources was -0.29. The lowest was -2425.00. And the median was -5.66.
MMEX's Equity-to-Asset is ranked worse than 97.53% of 1054
companies
in the Oil & Gas industry
Industry Median: 0.51
vs MMEX: -5.05
MMEX Resources Equity-to-Asset Historical Data
The historical data trend for MMEX Resources'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.
Competitive Comparison of MMEX Resources's Equity-to-Asset
For the Oil & Gas E&P subindustry, MMEX Resources'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.
MMEX Resources's Equity-to-Asset Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, MMEX Resources's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where MMEX Resources'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.
MMEX Resources's Equity to Asset Ratio for the fiscal year that ended in Apr. 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.
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%.
MMEX Resources Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of MMEX Resources's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
MMEX Resources Corp is a resource development company. Principally, it is engaged in the exploration, extraction, refining, and distribution of oil, gas, petroleum products and electric power projects in Texas, Peru, and other countries in Latin America. The company intends to build crude oil refining facilities in the Permian Basin in West Texas. It also focuses on operations of BPD distillation units that will produce a non-transportation grade diesel for sale in the local market for drilling frac fluids, along with naphtha and residual fuel oil to be sold to other refiners.
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