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Centennial Resource Development Equity-to-Asset

: 0.70 (As of Sep. 2019)
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Equity to Asset ratio is calculated as shareholder's tangible equity divided by its total asset. Centennial Resource Development's Total Stockholders Equity for the quarter that ended in Sep. 2019 was $3,239.9 Mil. Centennial Resource Development's Total Assets for the quarter that ended in Sep. 2019 was $4,646.1 Mil. Therefore, Centennial Resource Development's Equity to Asset Ratio for the quarter that ended in Sep. 2019 was 0.70.

NAS:CDEV' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.69   Max: 0.97
Current: 0.7

0.69
0.97

During the past 5 years, the highest Equity to Asset Ratio of Centennial Resource Development was 0.97. The lowest was 0.69. And the median was 0.80.

NAS:CDEV's Equity-to-Asset is ranked higher than
81% of the 1116 Companies
in the Oil & Gas industry.

( Industry Median: 0.47 vs. NAS:CDEV: 0.70 )

Centennial Resource Development Equity-to-Asset Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Centennial Resource Development Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18
Equity-to-Asset 0.00 0.73 0.89 0.78 0.73

Centennial Resource Development Quarterly Data
Dec14 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
Equity-to-Asset 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 0.76 0.73 0.69 0.69 0.70

Competitive Comparison
* 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.


Centennial Resource Development Equity-to-Asset Distribution

* The bar in red indicates where Centennial Resource Development's Equity-to-Asset falls into.



Centennial Resource Development 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 shareholder's tangible equity divided by its total asset.

Centennial Resource Development's Equity to Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Equity to Asset (A: Dec. 2018 )=Total Stockholders Equity/Total Assets
=3100.177/4260.021
=0.73

Centennial Resource Development's Equity to Asset Ratio for the quarter that ended in Sep. 2019 is calculated as

Equity to Asset (Q: Sep. 2019 )=Total Stockholders Equity/Total Assets
=3239.895/4646.131
=0.70

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Centennial Resource Development  (NAS:CDEV) 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%.


Centennial Resource Development Equity-to-Asset Related Terms


Centennial Resource Development Equity-to-Asset Headlines

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