Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Energy XXI's Total Stockholders Equity for the quarter that ended in Sep. 2016 was $-2,785.12 Mil. Energy XXI's Total Assets for the quarter that ended in Sep. 2016 was $924.66 Mil.
Therefore, Energy XXI's Equity to Asset Ratio for the quarter that ended in Sep. 2016 was -3.01.
The historical rank and industry rank for Energy XXI's Equity-to-Asset or its related term are showing as below:
EXIXQ.PFD'
s Equity-to-Asset Range Over the Past 10 Years
Min: -3.01 Med: 0.27 Max: 0.45
Current: -3.01
During the past 11 years, the highest Equity to Asset Ratio of Energy XXI was 0.45. The lowest was -3.01. And the median was 0.27.
EXIXQ.PFD's Equity-to-Asset is not ranked
in the Oil & Gas industry.
Industry Median: 0.51
vs EXIXQ.PFD: -3.01
Energy XXI Equity-to-Asset Historical Data
The historical data trend for Energy XXI'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.
Competitive Comparison of Energy XXI's Equity-to-Asset
For the Oil & Gas E&P subindustry, Energy XXI'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.
Energy XXI's Equity-to-Asset Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Energy XXI's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Energy XXI's Equity-to-Asset falls into.
Energy XXI 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.
Energy XXI's Equity to Asset Ratio for the fiscal year that ended in Jun. 2016 is calculated as
* 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.
Energy XXI (OTCPK:EXIXQ.PFD) 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%.
Energy XXI Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Energy XXI's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Energy XXI Ltd, formerly Energy XXI (Bermuda) Ltd was incorporated in Bermuda on July 25, 2005. The Company's properties are located onshore in Louisiana and Texas and in the Gulf of Mexico Shelf.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
EXIXQ.PFD has been successfully added to your 