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TransCoastal (TransCoastal) Equity-to-Asset : 0.15 (As of Jun. 2015)


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What is TransCoastal Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TransCoastal's Total Stockholders Equity for the quarter that ended in Jun. 2015 was $3.71 Mil. TransCoastal's Total Assets for the quarter that ended in Jun. 2015 was $24.96 Mil. Therefore, TransCoastal's Equity to Asset Ratio for the quarter that ended in Jun. 2015 was 0.15.

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

TCEC'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.

TransCoastal Equity-to-Asset Historical Data

The historical data trend for TransCoastal'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.

TransCoastal Equity-to-Asset Chart

TransCoastal Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.08 -3.51 0.22 0.12 0.21

TransCoastal Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 0.18 0.19 0.21 0.20 0.15

Competitive Comparison of TransCoastal's Equity-to-Asset

For the Oil & Gas E&P subindustry, TransCoastal'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.


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

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

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



TransCoastal 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.

TransCoastal's Equity to Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Equity to Asset (A: Dec. 2014 )=Total Stockholders Equity/Total Assets
=5.293/25.425
=0.21

TransCoastal's Equity to Asset Ratio for the quarter that ended in Jun. 2015 is calculated as

Equity to Asset (Q: Jun. 2015 )=Total Stockholders Equity/Total Assets
=3.714/24.96
=0.15

* 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.


TransCoastal  (GREY:TCEC) 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%.


TransCoastal Equity-to-Asset Related Terms

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


TransCoastal (TransCoastal) Business Description

Traded in Other Exchanges
N/A
Address
4975 Voyager Drive, Dallas, TX, USA, 75237
TransCoastal Corp is an oil and gas exploration and production company. It is engaged in the development of oil and gas reserves in the state of Texas. The company has acquired or divested over 100 wells in Texas and has over 200 undeveloped locations on over 6000 acres of leased oil and gas property located primarily in the panhandle area of west Texas.

TransCoastal (TransCoastal) Headlines

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