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Sonde Resources (Sonde Resources) Equity-to-Asset : 0.96 (As of Jun. 2014)


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What is Sonde Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sonde Resources's Total Stockholders Equity for the quarter that ended in Jun. 2014 was $67.11 Mil. Sonde Resources's Total Assets for the quarter that ended in Jun. 2014 was $69.90 Mil.

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

SOQDQ'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.

Sonde Resources Equity-to-Asset Historical Data

The historical data trend for Sonde 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.

* Premium members only.

Sonde Resources Equity-to-Asset Chart

Sonde Resources Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.60 0.68 0.80 0.88

Sonde Resources Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 0.80 0.80 0.88 0.94 0.96

Competitive Comparison of Sonde Resources's Equity-to-Asset

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


Sonde Resources's Equity-to-Asset Distribution in the Oil & Gas Industry

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

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



Sonde Resources 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.

Sonde Resources'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
=77.747/88.832
=

Sonde Resources's Equity to Asset Ratio for the quarter that ended in Jun. 2014 is calculated as

Equity to Asset (Q: Jun. 2014 )=Total Stockholders Equity/Total Assets
=67.108/69.904
=

* 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.


Sonde Resources  (AMEX:SOQDQ) 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%.


Sonde Resources Equity-to-Asset Related Terms

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


Sonde Resources (Sonde Resources) Business Description

Traded in Other Exchanges
N/A
Address
North Hill NW, P.O. Box 65161, Calgary, AB, CAN, T2N 4T6
Sonde Resources Corp is a Canada-based oil and gas exploration and production company. The company is engaged in the exploration for, and acquisition, development, and production of, petroleum and natural gas with operations in North Africa and Western Canada. Sonde is actively engaged in exploration and development of oil and gas resources throughout the Joint Oil Block in offshore Tunisia and Libya.

Sonde Resources (Sonde Resources) Headlines

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