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Gulf Coast Ultra Deep Royalty Trust (Gulf Coast Ultra Deep Royalty Trust) Equity-to-Asset

: 0.04 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gulf Coast Ultra Deep Royalty Trust's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $0.04 Mil. Gulf Coast Ultra Deep Royalty Trust's Total Assets for the quarter that ended in Dec. 2023 was $1.16 Mil.

The historical rank and industry rank for Gulf Coast Ultra Deep Royalty Trust's Equity-to-Asset or its related term are showing as below:

GULTU' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.59   Max: 0.99
Current: 0.04

During the past 12 years, the highest Equity to Asset Ratio of Gulf Coast Ultra Deep Royalty Trust was 0.99. The lowest was 0.04. And the median was 0.59.

GULTU's Equity-to-Asset is ranked worse than
90.99% of 1088 companies
in the Oil & Gas industry
Industry Median: 0.505 vs GULTU: 0.04

Gulf Coast Ultra Deep Royalty Trust Equity-to-Asset Historical Data

The historical data trend for Gulf Coast Ultra Deep Royalty Trust'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.

Gulf Coast Ultra Deep Royalty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.54 0.47 0.54 0.54 0.04

Gulf Coast Ultra Deep Royalty Trust 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 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 Premium Member Only Premium Member Only Premium Member Only 0.54 0.32 0.12 0.04 0.04

Competitive Comparison

For the Oil & Gas E&P subindustry, Gulf Coast Ultra Deep Royalty Trust'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.


Gulf Coast Ultra Deep Royalty Trust Equity-to-Asset Distribution

For the Oil & Gas industry and Energy sector, Gulf Coast Ultra Deep Royalty Trust's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Gulf Coast Ultra Deep Royalty Trust's Equity-to-Asset falls into.



Gulf Coast Ultra Deep Royalty Trust 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.

Gulf Coast Ultra Deep Royalty Trust'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
=0.044/1.16
=0.04

Gulf Coast Ultra Deep Royalty Trust'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
=0.044/1.16
=

* 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.


Gulf Coast Ultra Deep Royalty Trust  (OTCPK:GULTU) 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%.


Gulf Coast Ultra Deep Royalty Trust Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Gulf Coast Ultra Deep Royalty Trust's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Gulf Coast Ultra Deep Royalty Trust (Gulf Coast Ultra Deep Royalty Trust) Business Description

Traded in Other Exchanges
N/A
Address
601 Travis Street, 16th Floor, Houston, TX, USA, 77002
Gulf Coast Ultra Deep Royalty Trust is a statutory trust. It holds overriding royalty interests in future production from each of McMoRan Oil & Gas LLC's Inboard Lower Tertiary/Cretaceous exploration prospects located in South Louisiana. The Royalty Trust holds short-term investments acquired with funds that it holds for the payment of its administrative and other expenses. The company's subject interests consist of approximately Inboard Lower Tertiary/Cretaceous. Its offshore subject interests consist of exploration prospects, including Barataria; Barbosa; Blackbeard East; Blackbeard West; Bonnet; Calico Jack; Captain Blood; Davy Jones; Davy Jones West; Drake; England; Hook and Hurricane, Lafitte, Morgan. The onshore subject interests consist of Highlander, Lineham Creek, and Tortuga.
Executives
Magnolia Oil & Gas Corp 10 percent owner NINE GREENWAY PLAZA, SUITE 1300, HOUSTON TX 77046
Montex Highlander, Llc 10 percent owner 420 THROCKMORTON STREET, SUITE 550, FORT WORTH TX 76102
Neil S Subin 10 percent owner 2336 S.E. OCEAN BOULEVARD, #400, STUART FL 34996
Freeport Mcmoran Copper & Gold Inc 10 percent owner 333 NORTH CENTRAL AVENUE, PHOENIX AZ 85004
Highlander Oil & Gas Assets Llc 10 percent owner NINE GREENWAY PLAZA, SUITE 1400, HOUSTON TX 77046
Miller Lloyd I Iii 10 percent owner
Mount Kellett Capital Management Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fig Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, 46 FLOOR, NEW YORK NY 10105
Fortress Investment Group Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Fortress Operating Entity I Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fig Corp. 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fortress Mk Advisors Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Leon G Cooperman 10 percent owner 7118 MELROSE CASTLE LANE, BOCA RATON FL 33496

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