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

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What is United Energy Equity-to-Asset?

United Energy UNRG +0.99% Equity-to-Asset is -0.40 as of Dec. 2010.

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: 0.49
* Ranked among companies with meaningful Equity-to-Asset only.

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

United Energy Equity-to-Asset Historical Data

* Premium members only.

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.

United Energy Equity-to-Asset Chart

United Energy Annual Data
Trend Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.87 0.72 0.48 0.04

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

UNRG vs GLYE: Equity-to-Asset Comparison

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 Equity-to-Asset vs 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. 2010 is calculated as

Equity to Asset (A: Mar. 2010 )=Total Stockholders Equity/Total Assets
=0.039/1.12
=0.03

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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of -0.40 mean?
United Energy (UNRG) has a Equity-to-Asset of -0.40 as of Dec. 2010. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on United Energy and its competitors.
Is United Energy's Equity-to-Asset too high?
United Energy's current Equity-to-Asset is -0.40.
How does United Energy's Equity-to-Asset compare to GLYE?
United Energy's Equity-to-Asset of -0.40 can be compared against companies in the Oil & Gas industry. The industry median Equity-to-Asset is 0.49. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.49, based on 1,035 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on United Energy and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Energy's current Equity-to-Asset is -0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Energy stock overvalued right now?
United Energy (UNRG) has a current Equity-to-Asset of -0.40. The current Equity-to-Asset is -0.40. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For United Energy (UNRG), the current Equity-to-Asset is -0.40 as of Dec. 2010. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

United Energy Business Description

Industry EnergyOil & Gas
Address 101 East Park Boulevard, 6th Floor, Suite 600, 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. It owns or has operations in over 200,000 acres of leasehold properties, 2,000 wells, and 1,100 miles of natural gas pipelines.