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United Energy (United Energy) Equity-to-Asset : -0.40 (As of Dec. 2010)


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What is United Energy Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. United Energy's Total Stockholders Equity for the quarter that ended in Dec. 2010 was $-0.30 Mil. United Energy's Total Assets for the quarter that ended in Dec. 2010 was $0.73 Mil. Therefore, United Energy's Equity to Asset Ratio for the quarter that ended in Dec. 2010 was -0.40.

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

UNRG'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.

United Energy Equity-to-Asset Historical Data

The historical data trend for United Energy'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.

United Energy Equity-to-Asset Chart

United Energy Annual Data
Trend Mar00 Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.86 0.87 0.72 0.48

United Energy Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 0.20 0.04 -0.02 -0.07 -0.40

Competitive Comparison of United Energy's Equity-to-Asset

For the Oil & Gas E&P subindustry, United Energy'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.


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

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

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



United Energy 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.

United Energy's Equity to Asset Ratio for the fiscal year that ended in Mar. 2009 is calculated as

Equity to Asset (A: Mar. 2009 )=Total Stockholders Equity/Total Assets
=0.451/0.933
=0.48

United Energy's Equity to Asset Ratio for the quarter that ended in Dec. 2010 is calculated as

Equity to Asset (Q: Dec. 2010 )=Total Stockholders Equity/Total Assets
=-0.295/0.731
=-0.40

* 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.


United Energy  (OTCPK:UNRG) 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%.


United Energy Equity-to-Asset Related Terms

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


United Energy (United Energy) Business Description

Traded in Other Exchanges
N/A
Address
101 East Park Boulevard, 6th Floor, Plano, TX, USA, 75074
United Energy Corp is engaged in the exploration and production of oil and natural gas properties. The company's holdings include assets and operations in Texas, Oklahoma, Kansas, and Louisiana.
Executives
Jack Silver director, 10 percent owner 660 MADISON AVENUE, NEW YORK NY 10021
Adam Hershey director 140 RIVERSIDE BOULEVARD, APT 2302, NEW YORK NY 10069
Grano Joseph J Jr other: Former 10% Owner C/O MEDGENICS, INC., 435 DEVON PARK DRIVE BLDG 700, WAYNE PA 19087

United Energy (United Energy) Headlines

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United Energy Announces Update To Major Acquisition

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UNITED ENERGY ANNOUNCES SECURED FINANCING OF UP TO $5 MILLION

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UNITED ENERGY ANNOUNCES MAJOR CORPORATE ADVANCEMENTS

By PRNewswire PRNewswire 08-05-2022

United Energy Announces Major Acquisition Update

By PRNewswire PRNewswire 10-05-2021

United Energy Announces New Corporate Direction

By PRNewswire PRNewswire 08-02-2021