PQEFF (Petroteq Energy) Equity-to-Asset: 0.87 (As of May. 2022)

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What is Petroteq Energy Equity-to-Asset?

Petroteq Energy PQEFF -90.00% Equity-to-Asset is 0.87 as of May. 2022.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Petroteq Energy's Total Stockholders Equity for the quarter that ended in May. 2022 was $70.61 Mil. Petroteq Energy's Total Assets for the quarter that ended in May. 2022 was $81.15 Mil.

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

PQEFF's Equity-to-Asset is not ranked *
in the Oil & Gas industry.
Industry Median: 0.495
* Ranked among companies with meaningful Equity-to-Asset only.

Petroteq Energy  (OTCPK:PQEFF) 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%.

Petroteq Energy Equity-to-Asset Related Terms

Petroteq Energy Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Petroteq Energy'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.

Petroteq Energy Equity-to-Asset Chart

Petroteq Energy Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.76 0.84 0.79 0.74 0.82

Petroteq Energy Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 0.75 0.82 0.87 0.87 0.87

PQEFF vs MMEX, SPOWF, COP: Equity-to-Asset Comparison

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

Petroteq Energy Equity-to-Asset vs Oil & Gas Industry

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

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


Petroteq 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.

Petroteq Energy's Equity to Asset Ratio for the fiscal year that ended in Aug. 2021 is calculated as

Equity to Asset (A: Aug. 2021 )=Total Stockholders Equity/Total Assets
=66.153/81.035
=0.82

Petroteq Energy's Equity to Asset Ratio for the quarter that ended in May. 2022 is calculated as

Equity to Asset (Q: May. 2022 )=Total Stockholders Equity/Total Assets
=70.611/81.154
=

* 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 0.87 mean?
Petroteq Energy (PQEFF) has a Equity-to-Asset of 0.87 as of May. 2022. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Petroteq Energy and its competitors.
Is Petroteq Energy's Equity-to-Asset too high?
Petroteq Energy's current Equity-to-Asset is 0.87. The Oil & Gas industry median Equity-to-Asset is 0.50. Petroteq Energy's value of 0.87 is 75.8% above this industry median.
How does Petroteq Energy's Equity-to-Asset compare to MMEX and SPOWF?
Petroteq Energy's Equity-to-Asset of 0.87 can be compared against companies in the Oil & Gas industry. The industry median Equity-to-Asset is 0.50. Petroteq Energy's value of 0.87 is 75.8% 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 0.50, based on 1,030 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. Petroteq Energy's current Equity-to-Asset of 0.87 is 75.8% 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 Petroteq Energy 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. Petroteq Energy's current Equity-to-Asset is 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petroteq Energy stock overvalued right now?
Petroteq Energy (PQEFF) has a current Equity-to-Asset of 0.87. The current Equity-to-Asset is 0.87 and 75.8% above 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 Petroteq Energy (PQEFF), the current Equity-to-Asset is 0.87 as of May. 2022. 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.

Petroteq Energy Business Description

Industry EnergyOil & Gas
Address 15315 W. Magnolia Boulevard, Suite 120, Sherman Oaks, CA, USA, 91403
Petroteq Energy Inc is a fully integrated oil and gas company focused on the development and implementation of new proprietary technology for oil extraction. The company operated in two reportable segments being Oil Extraction and Processing Operations and Mining Operations. It generates revenue from the sale of hydrocarbon.