Puissant Industries (Puissant Industries) Equity-to-Asset : 0.87 (As of Dec. 2013)

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What is Puissant Industries Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Puissant Industries's Total Stockholders Equity for the quarter that ended in Dec. 2013 was $0.67 Mil. Puissant Industries's Total Assets for the quarter that ended in Dec. 2013 was $0.78 Mil. Therefore, Puissant Industries's Equity to Asset Ratio for the quarter that ended in Dec. 2013 was 0.87.

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

PSSS's Equity-to-Asset is not ranked ^*
in the Oil & Gas industry.
Industry Median: 0.51
* Ranked among companies with meaningful Equity-to-Asset only.

Puissant Industries Equity-to-Asset Historical Data

The historical data trend for Puissant Industries'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.

* Premium members only.

Puissant Industries Equity-to-Asset Chart

Puissant Industries Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Equity-to-Asset

-18.62

0.82

0.86

0.87

Puissant Industries Semi-Annual Data
	Dec10	Dec11	Dec12	Dec13
Equity-to-Asset	-18.62	0.82	0.86	0.87

Competitive Comparison of Puissant Industries's Equity-to-Asset

For the Oil & Gas E&P subindustry, Puissant Industries'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.

Puissant Industries's Equity-to-Asset Distribution in the Oil & Gas Industry

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

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

Puissant Industries 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.

Puissant Industries's Equity to Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Equity to Asset (A: Dec. 2013 )	=	Total Stockholders Equity	/	Total Assets
	=	0.673	/	0.778
	=	0.87

Puissant Industries's Equity to Asset Ratio for the quarter that ended in Dec. 2013 is calculated as

Equity to Asset (Q: Dec. 2013 )	=	Total Stockholders Equity	/	Total Assets
	=	0.673	/	0.778
	=	0.87

Puissant Industries (OTCPK:PSSS) 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%.

Puissant Industries Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Puissant Industries's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Puissant Industries (Puissant Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Puissant Industries Inc (OTCPK:PSSS) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

480 Lexington Road, Suite 12, Versailles, KY, USA, 40383

Website

http://www.psss.co

Puissant Industries Inc is a rapidly growing independent energy company engaged in the exploration, development, acquisition, and production of crude oil and natural gas with operations focused in the United States. The Company's focus is on the redevelopment of producing oils and gas properties and is currently producing commercial quantities of oil and gas from fields it owns and operates.

Executives

Carbon River Holdings, Inc.	10 percent owner	520 WHITLEY STREET, LONDON KY 40743
Logos Resources, Inc.	10 percent owner	520 WHITLEY STREET, LONDON KY 40743
Marshall E. Holbrook	director, officer: Vice President	520 WHITLEY STREET, LONDON KY 40743
Holbrook Cora J.	director, officer: Secretary/Treasurer	520 WHITLEY STREET, LONDON KY 40743
Mccrome International Inc.	10 percent owner	520 WHITLEY STREET, LONDON KY 40743
Sovereign One, Inc.	10 percent owner	520 WHITLEY STREET, LONDON KY 40743
Mark E. Holbrook	director, officer: President	520 WHITLEY STREET, LONDON KY 40743

Puissant Industries (Puissant Industries) Headlines

From GuruFocus

Joint Venture Between Puissant Industries, Inc. and EnerMining Corp.

By ACCESSWIRE ACCESSWIRE • 01-14-2022