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Wilton Resources (TSXV:WIL) Equity-to-Asset : -0.20 (As of Dec. 2023)


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What is Wilton Resources Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wilton Resources's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$-0.13 Mil. Wilton Resources's Total Assets for the quarter that ended in Dec. 2023 was C$0.62 Mil. Therefore, Wilton Resources's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -0.20.

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

TSXV:WIL' s Equity-to-Asset Range Over the Past 10 Years
Min: -4.81   Med: -1.39   Max: -0.2
Current: -0.2

During the past 13 years, the highest Equity to Asset Ratio of Wilton Resources was -0.20. The lowest was -4.81. And the median was -1.39.

TSXV:WIL's Equity-to-Asset is ranked worse than
93.32% of 1093 companies
in the Oil & Gas industry
Industry Median: 0.5 vs TSXV:WIL: -0.20

Wilton Resources Equity-to-Asset Historical Data

The historical data trend for Wilton 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.

Wilton Resources Equity-to-Asset Chart

Wilton Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.60 -1.36 -0.53 -2.17 -0.20

Wilton Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -2.17 -0.13 0.39 0.34 -0.20

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

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


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

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

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



Wilton 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.

Wilton Resources's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-0.126/0.619
=-0.20

Wilton Resources's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=-0.126/0.619
=-0.20

* 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.


Wilton Resources  (TSXV:WIL) 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%.


Wilton Resources Equity-to-Asset Related Terms

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


Wilton Resources (TSXV:WIL) Business Description

Traded in Other Exchanges
Address
1404 Joliet Avenue SW, Calgary, AB, CAN, T2T 1S2
Wilton Resources Inc is an oil and gas exploration and development company with operations in Canada. The company is pursuing oil and gas properties in various international locations including the Middle East and Africa. It derives majority of its revenue from the sale of Crude oil, Natural gas and Natural gas liquids.
Executives
Richard Glenn Anderson Director

Wilton Resources (TSXV:WIL) Headlines