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CorEnergy Infrastructure Trust (CorEnergy Infrastructure Trust) Equity-to-Asset : 0.23 (As of Sep. 2023)


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What is CorEnergy Infrastructure Trust Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CorEnergy Infrastructure Trust's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $109.8 Mil. CorEnergy Infrastructure Trust's Total Assets for the quarter that ended in Sep. 2023 was $482.9 Mil. Therefore, CorEnergy Infrastructure Trust's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.23.

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

CORRQ' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.62   Max: 0.79
Current: 0.23

During the past 13 years, the highest Equity to Asset Ratio of CorEnergy Infrastructure Trust was 0.79. The lowest was 0.23. And the median was 0.62.

CORRQ's Equity-to-Asset is ranked worse than
91.77% of 863 companies
in the REITs industry
Industry Median: 0.57 vs CORRQ: 0.23

CorEnergy Infrastructure Trust Equity-to-Asset Historical Data

The historical data trend for CorEnergy Infrastructure Trust'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.

CorEnergy Infrastructure Trust Equity-to-Asset Chart

CorEnergy Infrastructure Trust Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.73 0.52 0.29 0.25

CorEnergy Infrastructure Trust Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.24 0.25 0.25 0.24 0.23

Competitive Comparison of CorEnergy Infrastructure Trust's Equity-to-Asset

For the REIT - Specialty subindustry, CorEnergy Infrastructure Trust'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.


CorEnergy Infrastructure Trust's Equity-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, CorEnergy Infrastructure Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where CorEnergy Infrastructure Trust's Equity-to-Asset falls into.



CorEnergy Infrastructure Trust 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.

CorEnergy Infrastructure Trust's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=122.773/494.963
=0.25

CorEnergy Infrastructure Trust's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=109.784/482.923
=0.23

* 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.


CorEnergy Infrastructure Trust  (OTCPK:CORRQ) 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%.


CorEnergy Infrastructure Trust Equity-to-Asset Related Terms

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


CorEnergy Infrastructure Trust (CorEnergy Infrastructure Trust) Business Description

Traded in Other Exchanges
Address
1100 Walnut, Suite 3350, Kansas, MO, USA, 64106
CorEnergy Infrastructure Trust Inc is primarily focused on acquiring and financing midstream and downstream real estate assets within the U.S. energy infrastructure sector. The company also provides other types of capital, including loans secured by energy infrastructure assets. It owns assets, such as pipelines, storage terminals, and transmission and distribution assets. Its assets include Crimson Midstream Holding, MoGas Pipeline System, and Omega Pipeline. The majority of the revenue is generated from the lease received.
Executives
Christopher M. Huffman officer: Chief Accounting Officer 1100 WALNUT, SUITE 3350, KANSAS CITY MO 64119
Robert L Waldron officer: President and CFO 1100 WALNUT, SUITE 3350, KANSAS MO 64106
John D Grier director, officer: Chief Operating Officer 1100 WALNUT, SUITE 3350, KANSAS CITY MO 64106
Richard C. Kreul officer: President - Mowood and MoGas 1100 WALNUT STREET, KANSAS CITY MO 64106
Arkan Haile director 1100 WALNUT STREET, KANSAS CITY MO 64106
Catherine A. Lewis director 325 NE NORTHGATE CROSSING, LEE'S SUMMIT MO 64064
Todd E. Banks director 1100 WALNUT, SUITE 3350, KANSAS CITY MO 64106
Ciccotello Conrad S director 5100 W. 115TH PLACE, LEAWOOD KS 66211
David J Schulte officer: President and CEO 233 WEST 47TH ST., KANSAS CITY MO 64112
Larry W Alexander officer: President of Crimson Midstream 1100 WALNUT, SUITE 3350, KANSAS CITY MO 64106
Jeffrey E. Fulmer officer: Executive Vice President 1100 WALNUT, SUITE 3350, KANSAS CITY MO 64106
Rebecca M Sandring officer: Treasurer 4200 W. 115TH STREET, LEAWOOD KS 66211
Kristin M Leitze officer: Chief Accounting Officer 1100 WALNUT, SUITE 3350, KANSAS CITY MO 64106
Nate Poundstone officer: Chief Accounting Officer 1100 WALNUT, SUITE 3350, KANSAS CITY MO 64106
Richard C Green director 4200 W 115TH STREET, SUITE 210, LEAWOOD KS 66211