GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » WildHorse Resource Development Corp (NYSE:WRD) » Definitions » Equity-to-Asset

WildHorse Resource Development (WildHorse Resource Development) Equity-to-Asset : 0.34 (As of Sep. 2018)


View and export this data going back to 2016. Start your Free Trial

What is WildHorse Resource Development Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. WildHorse Resource Development's Total Stockholders Equity for the quarter that ended in Sep. 2018 was $1,028.6 Mil. WildHorse Resource Development's Total Assets for the quarter that ended in Sep. 2018 was $3,064.5 Mil. Therefore, WildHorse Resource Development's Equity to Asset Ratio for the quarter that ended in Sep. 2018 was 0.34.

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

WRD's Equity-to-Asset is not ranked *
in the Oil & Gas industry.
Industry Median: 0.505
* Ranked among companies with meaningful Equity-to-Asset only.

WildHorse Resource Development Equity-to-Asset Historical Data

The historical data trend for WildHorse Resource Development'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.

WildHorse Resource Development Equity-to-Asset Chart

WildHorse Resource Development Annual Data
Trend Dec14 Dec15 Dec16 Dec17
Equity-to-Asset
0.53 0.67 0.70 0.41

WildHorse Resource Development Quarterly Data
Dec14 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.62 0.41 0.39 0.36 0.34

Competitive Comparison of WildHorse Resource Development's Equity-to-Asset

For the Oil & Gas E&P subindustry, WildHorse Resource Development'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.


WildHorse Resource Development's Equity-to-Asset Distribution in the Oil & Gas Industry

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

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



WildHorse 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 total stockholders equity by total asset.

WildHorse Resource Development's Equity to Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Equity to Asset (A: Dec. 2017 )=Total Stockholders Equity/Total Assets
=1145.292/2778.1
=0.41

WildHorse Resource Development's Equity to Asset Ratio for the quarter that ended in Sep. 2018 is calculated as

Equity to Asset (Q: Sep. 2018 )=Total Stockholders Equity/Total Assets
=1028.564/3064.452
=0.34

* 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.


WildHorse Resource Development  (NYSE:WRD) 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%.


WildHorse Resource Development Equity-to-Asset Related Terms

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


WildHorse Resource Development (WildHorse Resource Development) Business Description

Traded in Other Exchanges
N/A
Address
WildHorse Resource Development Corp is an independent oil and natural gas company. The company is focused on the acquisition, exploitation, development and production of oil, natural gas and NGL resources. The company operates in Burleson, Lee and Washington Counties where the target is on Eagle Ford Shale, which is one of the active shale trends in North America. The company's objective is to deliver shareholder value through accretive growth in reserves, production and cash flow by developing and expanding portfolio of drilling locations.
Executives
Grant E Sims director 919 MILAM SUITE 2100, HOUSTON TX 77002
Stephanie C Hildebrandt director 9807 KATY FREEWAY, STE 100, HOUSTON TX 77024
G.f.w. Energy Xi, L.p. director, 10 percent owner 2850 NORTH HARWOOD STREET, 19TH FLOOR, DALLAS TX 75201
Steve Saad Habachy officer: See Remarks 9805 KATY WAY, SUITE 400, HOUSTON TX 77024
Jonathan M Clarkson director 1301 MCKINNEY STREET SUITE 2100 HOUSTON TX 77010
Richard D Brannon director C/O CH4 ENERGY SIX, LLC, 5128 APACHE PLUME ROAD, SUITE 300, FORT WORTH TX 76109
Brian A Bernasek director SUITE 220, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Martin W. Sumner director C/O AXALTA COATING SYSTEMS LTD, STE 3600, TWO COMMERCE SQUARE, 2001 MARKET STREET, PHILADELPHIA PA 19103
Tony R Weber director 125 E. JOHN CARPENTER FREEWAY, SUITE 600, IRVING TX 75062
Scott Gieselman director REG NEWCO, INC. 416 S. BELL AVENUE, AMES IA 50010
David W Hayes director 125 E. JOHN CARPENTER FREEWAY, SUITE 600, IRVING TX 75062