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Poseidon Concepts (Poseidon Concepts) Equity-to-Asset

: 0.53 (As of Sep. 2012)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Poseidon Concepts's Total Stockholders Equity for the quarter that ended in Sep. 2012 was $109.9 Mil. Poseidon Concepts's Total Assets for the quarter that ended in Sep. 2012 was $206.3 Mil. Therefore, Poseidon Concepts's Equity to Asset Ratio for the quarter that ended in Sep. 2012 was 0.53.

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

POOSF'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.

Poseidon Concepts Equity-to-Asset Historical Data

The historical data trend for Poseidon Concepts'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.

Array ( [0] => - [1] => - [2] => 0.74 [3] => 0.63 [4] => 0.71 [5] => 0.67 [6] => 0.18 )
Poseidon Concepts Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Equity-to-Asset
Premium Member Only Premium Member Only 0.74 0.63 0.71 0.67 0.18

Poseidon Concepts Quarterly Data
Dec06 Dec07 Dec08 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 0.64 0.18 0.75 0.62 0.53

Competitive Comparison

For the Oil & Gas Equipment & Services subindustry, Poseidon Concepts'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.


Poseidon Concepts Equity-to-Asset Distribution

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

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



Poseidon Concepts 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.

Poseidon Concepts's Equity to Asset Ratio for the fiscal year that ended in Dec. 2011 is calculated as

Equity to Asset (A: Dec. 2011 )=Total Stockholders Equity/Total Assets
=18.298/100.522
=0.18

Poseidon Concepts's Equity to Asset Ratio for the quarter that ended in Sep. 2012 is calculated as

Equity to Asset (Q: Sep. 2012 )=Total Stockholders Equity/Total Assets
=109.879/206.257
=0.53

* 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.


Poseidon Concepts  (GREY:POOSF) 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%.


Poseidon Concepts Equity-to-Asset Related Terms

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


Poseidon Concepts (Poseidon Concepts) Business Description

Traded in Other Exchanges
N/A
Address
645 - 7th Avenue SW, Suite 1200, Calgary, AB, CAN, T2P 4G8
Poseidon Concepts Corp is a customer-focused provider of safe fluid handling solutions to the oil and natural gas sector across North America.

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