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Bellatrix Exploration (STU:2BX2) Equity-to-Asset : 0.08 (As of Sep. 2019)


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What is Bellatrix Exploration Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bellatrix Exploration's Total Stockholders Equity for the quarter that ended in Sep. 2019 was €34.1 Mil. Bellatrix Exploration's Total Assets for the quarter that ended in Sep. 2019 was €423.3 Mil. Therefore, Bellatrix Exploration's Equity to Asset Ratio for the quarter that ended in Sep. 2019 was 0.08.

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

STU:2BX2'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.

Bellatrix Exploration Equity-to-Asset Historical Data

The historical data trend for Bellatrix Exploration'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.

Bellatrix Exploration Equity-to-Asset Chart

Bellatrix Exploration Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.48 0.59 0.58 0.54

Bellatrix Exploration Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.58 0.54 0.50 0.57 0.08

Competitive Comparison of Bellatrix Exploration's Equity-to-Asset

For the Oil & Gas E&P subindustry, Bellatrix Exploration'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.


Bellatrix Exploration's Equity-to-Asset Distribution in the Oil & Gas Industry

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

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



Bellatrix Exploration 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.

Bellatrix Exploration's Equity to Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Equity to Asset (A: Dec. 2018 )=Total Stockholders Equity/Total Assets
=440.105/808.439
=0.54

Bellatrix Exploration's Equity to Asset Ratio for the quarter that ended in Sep. 2019 is calculated as

Equity to Asset (Q: Sep. 2019 )=Total Stockholders Equity/Total Assets
=34.124/423.327
=0.08

* 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.


Bellatrix Exploration  (STU:2BX2) 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%.


Bellatrix Exploration Equity-to-Asset Related Terms

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Bellatrix Exploration (STU:2BX2) Business Description

Traded in Other Exchanges
N/A
Address
800 5th Avenue SW, Suite 1920, Calgary, AB, CAN, T2P 3T6
Bellatrix Exploration Ltd is a Canada-based oil and gas company, engaged in the exploration, acquisition, development, and production of oil and natural gas reserves in the provinces of Alberta, British Columbia, and Saskatchewan. It primarily focuses on developing its two core resource plays, the Cardium and the Notikewin/Falher intervals in Western Canada. The Notikewin/Falher in Alberta's deep basin boasts abundant, liquids-rich natural gas with compelling economics. The Cardium is a highly economic investment that has the potential to add substantial reserves, production, and long-term economic value for its shareholders. Bellatrix derives revenue from the sale of petroleum and natural gas.

Bellatrix Exploration (STU:2BX2) Headlines

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