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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PrimeEnergy Resources's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $161.0 Mil. PrimeEnergy Resources's Total Assets for the quarter that ended in Dec. 2023 was $288.6 Mil. Therefore, PrimeEnergy Resources's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.56.
The historical rank and industry rank for PrimeEnergy Resources's Equity-to-Asset or its related term are showing as below:
During the past 13 years, the highest Equity to Asset Ratio of PrimeEnergy Resources was 0.57. The lowest was 0.25. And the median was 0.42.
The historical data trend for PrimeEnergy Resources'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.
PrimeEnergy Resources Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Equity-to-Asset | Get a 7-Day Free Trial | 0.44 | 0.48 | 0.47 | 0.57 | 0.56 |
PrimeEnergy Resources Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Equity-to-Asset | Get a 7-Day Free Trial | 0.57 | 0.58 | 0.60 | 0.62 | 0.56 |
For the Oil & Gas E&P subindustry, PrimeEnergy Resources'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.
For the Oil & Gas industry and Energy sector, PrimeEnergy Resources's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where PrimeEnergy Resources's Equity-to-Asset falls into.
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.
PrimeEnergy Resources's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Equity to Asset (A: Dec. 2023 ) | = | Total Stockholders Equity | / | Total Assets |
= | 160.95 | / | 288.568 | |
= | 0.56 |
PrimeEnergy Resources's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as
Equity to Asset (Q: Dec. 2023 ) | = | Total Stockholders Equity | / | Total Assets |
= | 160.95 | / | 288.568 | |
= | 0.56 |
* 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.
PrimeEnergy Resources (NAS:PNRG) 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%.
Thank you for viewing the detailed overview of PrimeEnergy Resources's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Rothschild Robert De | 10 percent owner | 1251 AVENUE OF THE AMERICAS 51ST FL, NEW YORK NY 10020 |
Clint Hurt | director | 4015 HOLLAND #101, DALLAS TX 75219 |
Drimal Charles E Jr | director, 10 percent owner, officer: Chief Executive Officer | 4015 HOLLAND #101, DALLAS TX 75219 |
Gaines Wehrle | director, 10 percent owner | |
Gifford Fong | director | |
Jan K Smeets | director | 4015 HOLLAND #101, DALLAS TX 75219 |
Mcjunkin Red Man Holding Corp | 10 percent owner | FULBRIGHT TOWER, 1301 MCKINNEY STREET, SUITE 2300, HOUSTON TX 77010 |
Mcjunkin Red Man Corp | 10 percent owner | 2 HOUSTON CENTER, 909 FANNIN, SUITE 3100, HOUSTON TX 77010 |
Rene Pierre Azria | 10 percent owner | C/O JARDEN CORP, 555 THEODORE FREMD AVE, RYE NY 10580 |
Gimbel Thomas S T | director | |
Goldman Sachs Group Inc | 10 percent owner | 200 WEST STREET, NEW YORK NY 10282 |
Goldman Sachs & Co. Llc | 10 percent owner | 200 WEST STREET, NEW YORK NY 10282 |
Gs Capital Partners Vi Gmbh & Co Kg | 10 percent owner | 200 WEST STREET, New York NY 10282 |
Gs Capital Partners Vi Parallel Lp | 10 percent owner | 85 Broad St, New York NY 10004 |
Gs Advisors Vi, L.l.c. | 10 percent owner | 1209 ORANGE STREET, WILMINGTON DE 19801 |
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