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Era Group (Era Group) Equity-to-Asset : 0.60 (As of Mar. 2020)


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What is Era Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Era Group's Total Stockholders Equity for the quarter that ended in Mar. 2020 was $449.7 Mil. Era Group's Total Assets for the quarter that ended in Mar. 2020 was $752.5 Mil. Therefore, Era Group's Equity to Asset Ratio for the quarter that ended in Mar. 2020 was 0.60.

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

ERA's Equity-to-Asset is not ranked *
in the Oil & Gas industry.
Industry Median: 0.51
* Ranked among companies with meaningful Equity-to-Asset only.

Era Group Equity-to-Asset Historical Data

The historical data trend for Era Group'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.

Era Group Equity-to-Asset Chart

Era Group Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.49 0.56 0.61 0.60

Era Group Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 0.60 0.60 0.60 0.60 0.60

Competitive Comparison of Era Group's Equity-to-Asset

For the Oil & Gas Equipment & Services subindustry, Era Group'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.


Era Group's Equity-to-Asset Distribution in the Oil & Gas Industry

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

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



Era Group 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.

Era Group's Equity to Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Equity to Asset (A: Dec. 2019 )=Total Stockholders Equity/Total Assets
=456.742/764.515
=0.60

Era Group's Equity to Asset Ratio for the quarter that ended in Mar. 2020 is calculated as

Equity to Asset (Q: Mar. 2020 )=Total Stockholders Equity/Total Assets
=449.65/752.51
=0.60

* 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.


Era Group  (NYSE:ERA) 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%.


Era Group Equity-to-Asset Related Terms

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


Era Group (Era Group) Business Description

Traded in Other Exchanges
N/A
Address
945 Bunker Hill Road, Suite 650, Houston, TX, USA, 77024
Era Group Inc provides helicopter transportation services primarily to the oil and gas exploration, development, and production companies. Its helicopter services include emergency response search and rescue; Alaska flightseeing tours; and other services, as well as utility services to support firefighting, mining, power line, and pipeline survey activities. The company also leases helicopters to third parties and foreign affiliates; engineers, manufactures, and distributes after-market helicopter parts and accessories; and provides classroom instruction, flight simulator, and other training services.

Era Group (Era Group) Headlines

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