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Velocity Energy (Velocity Energy) Equity-to-Asset : -0.71 (As of Jun. 2009)


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What is Velocity Energy Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Velocity Energy's Total Stockholders Equity for the quarter that ended in Jun. 2009 was $-5.88 Mil. Velocity Energy's Total Assets for the quarter that ended in Jun. 2009 was $8.27 Mil.

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

VCYE'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.

Velocity Energy Equity-to-Asset Historical Data

The historical data trend for Velocity 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.

Velocity Energy Equity-to-Asset Chart

Velocity Energy Annual Data
Trend Dec05 Dec06 Dec07 Dec08
Equity-to-Asset
-0.34 0.31 -0.11 -0.02

Velocity Energy Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09
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 0.41 0.32 -0.02 -0.44 -0.71

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

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


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

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

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



Velocity 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.

Velocity Energy's Equity to Asset Ratio for the fiscal year that ended in Dec. 2008 is calculated as

Equity to Asset (A: Dec. 2008 )=Total Stockholders Equity/Total Assets
=-0.263/12.466
=-0.02

Velocity Energy's Equity to Asset Ratio for the quarter that ended in Jun. 2009 is calculated as

Equity to Asset (Q: Jun. 2009 )=Total Stockholders Equity/Total Assets
=-5.875/8.272
=

* 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.


Velocity Energy  (OTCPK:VCYE) 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%.


Velocity Energy Equity-to-Asset Related Terms

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


Velocity Energy (Velocity Energy) Business Description

Traded in Other Exchanges
N/A
Address
523 North Sam Houston Parkway East, Suite 175, Houston, TX, USA, 77060
Velocity Energy Inc is an oil and gas exploration and production company. It is engaged in the acquisition, development, exploration and production of natural gas and oil.
Executives
Michael J Pawelek director, officer: President and CEO 300 EAST SONTERRA BLVD. STE 1220 SAN ANTONIO TX 78258
Peter Benz 10 percent owner 171 MADISON AVE., 17 FL.,, NEW YORK NY 10016
Longview Fund Lp 10 percent owner VIKING ASSET MANAGEMENT LLC, 66 BOVET ROAD, SUITE 320, SAN MATEO, CA 94402
Howard J Taylor director, 10 percent owner, officer: CEO STE. 194 48 PAR LA VILLE RD HAMILTON D0 HM11

Velocity Energy (Velocity Energy) Headlines

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