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Union Gas (TSX:UNG.PR.D.PFD) Equity-to-Asset : 0.00 (As of . 20)


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What is Union Gas Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Union Gas's Total Stockholders Equity for the quarter that ended in . 20 was C$0.00 Mil. Union Gas's Total Assets for the quarter that ended in . 20 was C$0.00 Mil.

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

TSX:UNG.PR.D.PFD's Equity-to-Asset is not ranked *
in the Utilities - Regulated industry.
Industry Median: 0.38
* Ranked among companies with meaningful Equity-to-Asset only.

Union Gas Equity-to-Asset Historical Data

The historical data trend for Union Gas'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.

Union Gas Equity-to-Asset Chart

Union Gas Annual Data
Trend
Equity-to-Asset

Union Gas Quarterly Data
Equity-to-Asset

Competitive Comparison of Union Gas's Equity-to-Asset

For the Utilities - Regulated Gas subindustry, Union Gas'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.


Union Gas's Equity-to-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Union Gas's Equity-to-Asset distribution charts can be found below:

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



Union Gas 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.

Union Gas's Equity to Asset Ratio for the fiscal year that ended in . 20 is calculated as

Equity to Asset (A: . 20 )=Total Stockholders Equity/Total Assets
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Union Gas's Equity to Asset Ratio for the quarter that ended in . 20 is calculated as

Equity to Asset (Q: . 20 )=Total Stockholders Equity/Total Assets
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=

* 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.


Union Gas  (TSX:UNG.PR.D.PFD) 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%.


Union Gas Equity-to-Asset Related Terms

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


Union Gas (TSX:UNG.PR.D.PFD) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
50 Keil Drive North, Chatham, ON, CAN, N7M 5M1
Union Gas Ltd provides natural gas storage, distribution, and transmission services in Canada. It owns and operates natural gas distribution, storage and transmission facilities in Ontario. The company distributes natural gas to customers in northern, southwestern and eastern Ontario, and provides natural gas storage and transportation services to other utilities and energy market participants. The distribution business serves approximately 1.4 million residential, commercial and industrial customers in over 400 communities across northern, southwestern and eastern Ontario. Union Gas' storage and transmission business offer a range of storage and transportation services to customers at the Dawn Hub (Dawn).

Union Gas (TSX:UNG.PR.D.PFD) Headlines

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