PrairieSky Royalty (TSX:PSK) Equity-to-Asset

: 0.84 (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PrairieSky Royalty's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$2,766.4 Mil. PrairieSky Royalty's Total Assets for the quarter that ended in Dec. 2023 was C$3,307.7 Mil. Therefore, PrairieSky Royalty's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.84.

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

TSX:PSK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.74 Med: 0.91 Max: 0.92
Current: 0.84

During the past 11 years, the highest Equity to Asset Ratio of PrairieSky Royalty was 0.92. The lowest was 0.74. And the median was 0.91.

TSX:PSK's Equity-to-Asset is ranked better than
88.14% of 1088 companies
in the Oil & Gas industry
Industry Median: 0.505 vs TSX:PSK: 0.84

PrairieSky Royalty Equity-to-Asset Historical Data

The historical data trend for PrairieSky Royalty'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.

PrairieSky Royalty Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.91

0.90

0.74

0.81

0.84

PrairieSky Royalty 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																0.81	0.81	0.82	0.83	0.84

Competitive Comparison

For the Oil & Gas E&P subindustry, PrairieSky Royalty'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.

PrairieSky Royalty Equity-to-Asset Distribution

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

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

PrairieSky Royalty 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.

PrairieSky Royalty'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
	=	2766.4	/	3307.7
	=	0.84

PrairieSky Royalty'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
	=	2766.4	/	3307.7
	=	0.84

PrairieSky Royalty (TSX:PSK) 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%.

PrairieSky Royalty Equity-to-Asset Related Terms

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

PrairieSky Royalty (TSX:PSK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PrairieSky Royalty Ltd (TSX:PSK) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

PREKF:USA 7PS:Germany

Address

350 - 7th Avenue S.W., Suite 1700, Calgary, AB, CAN, T2P 3N9

Website

https://www.prairiesky.com

PrairieSky Royalty Ltd is the owner of subsurface mineral rights on a variety of royalty properties in western Canada. The company encourages third parties to develop these properties, while also seeking additional petroleum and natural gas royalty assets. Once PrairieSky has given a third party the right to explore, develop, or produce on its properties, the company collects royalty revenue from the development of petroleum and natural gas. Property arrangements can be contracted as lease issuances, farmouts, drilling commitments, or seismic option agreements.

Executives

Leanne M. Bellegarde

Director