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TotalEnergies SE (TotalEnergies SE) Equity-to-Asset

: 0.41 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TotalEnergies SE's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $116,753 Mil. TotalEnergies SE's Total Assets for the quarter that ended in Dec. 2023 was $283,654 Mil. Therefore, TotalEnergies SE's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.41.

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

TTFNF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.41   Max: 0.46
Current: 0.41

During the past 13 years, the highest Equity to Asset Ratio of TotalEnergies SE was 0.46. The lowest was 0.37. And the median was 0.41.

TTFNF's Equity-to-Asset is ranked worse than
62.5% of 1088 companies
in the Oil & Gas industry
Industry Median: 0.505 vs TTFNF: 0.41

TotalEnergies SE Equity-to-Asset Historical Data

The historical data trend for TotalEnergies SE'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.

TotalEnergies SE 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 0.43 0.39 0.38 0.37 0.41

TotalEnergies SE 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 0.37 0.39 0.41 0.40 0.41

Competitive Comparison

For the Oil & Gas Integrated subindustry, TotalEnergies SE'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.


TotalEnergies SE Equity-to-Asset Distribution

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

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



TotalEnergies SE 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.

TotalEnergies SE'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
=116753/283654
=0.41

TotalEnergies SE'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
=116753/283654
=0.41

* 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.


TotalEnergies SE  (OTCPK:TTFNF) 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%.


TotalEnergies SE Equity-to-Asset Related Terms

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


TotalEnergies SE (TotalEnergies SE) Business Description

Address
2, Place Jean Millier, La Defense 6, Courbevoie, FRA, 92400
TotalEnergies is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2022, it produced 1.5 million barrels of liquids and 6.8 billion cubic feet of natural gas per day. At end-2022, reserves stood at 10.2 billion barrels of oil equivalent, 56% of which are liquids. During 2021, it had LNG sales of 48.1 Mt. The company owns interests in refineries with capacity of nearly 2.0 million barrels a day, primarily in Europe, distributes refined products in 65 countries, and manufactures commodity and specialty chemicals. It also holds a 19% interest in Russian oil company Novatek. At year-end, its gross installed renewable power generation capacity was 16.8 GW.