LOGL (Legend Oil & Gas) Total Equity: $-6.43 Mil (As of Dec. 2016)


What is Legend Oil & Gas Total Equity?

Legend Oil & Gas LOGL -90.00% Total Equity is $-6.43 Mil as of Dec. 2016.

Legend Oil & Gas's total equity for the quarter that ended in Dec. 2016 was $-6.43 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

Legend Oil & Gas Total Equity Historical Data

* Premium members only.

The historical data trend for Legend Oil & Gas's Total Equity 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.

Legend Oil & Gas Total Equity Chart

Legend Oil & Gas Annual Data
Trend Dec04 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Total Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -40.75 -2.79 -3.59 -0.21 -6.43

Legend Oil & Gas Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
Total Equity Get a 7-Day Free Trial 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 -0.21 -0.99 -2.22 -4.52 -6.43

Legend Oil & Gas Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

Legend Oil & Gas's Total Equity for the fiscal year that ended in Dec. 2016 is calculated as

Total Equity=Total Assets(Q: Dec. 2016 )-Total Liabilities(Q: Dec. 2016 )
=3.723-10.156
=-6.43

Legend Oil & Gas's Total Equity for the quarter that ended in Dec. 2016 is calculated as

Total Equity=Total Assets(Q: Dec. 2016 )-Total Liabilities(Q: Dec. 2016 )
=3.723-10.156
=-6.43

* 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.

Frequently Asked Questions Learn more about Total Equity →
What does a Total Equity of $-6.43 Mil mean?
Legend Oil & Gas (LOGL) has a Total Equity of $-6.43 Mil as of Dec. 2016. The total amount of equity as record on a company's balance sheet. View historical data for Legend Oil & Gas and its competitors.
Is Legend Oil & Gas' Total Equity too high?
Legend Oil & Gas' current Total Equity is $-6.43 Mil.
How does Legend Oil & Gas' Total Equity compare to ARSLF and PTRDF?
Legend Oil & Gas' Total Equity of $-6.43 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Equity for an Oil & Gas company?
A good Total Equity depends on the Oil & Gas industry context. However, Total Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Equity mean?
A high Total Equity can signal that a stock is expensive relative to its fundamentals. The total amount of equity as record on a company's balance sheet. View historical data for Legend Oil & Gas and its competitors. Legend Oil & Gas's current Total Equity is $-6.43 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legend Oil & Gas stock overvalued right now?
Legend Oil & Gas (LOGL) has a current Total Equity of $-6.43 Mil. The current Total Equity is $-6.43 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Equity calculated?
Total Equity is calculated from a company's financial statements. For Legend Oil & Gas (LOGL), the current Total Equity is $-6.43 Mil as of Dec. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Legend Oil & Gas Business Description

Industry EnergyOil & Gas
Address 555 North Point Center East, Suite 400, Alpharetta, GA, USA, 30022
Legend Oil & Gas Ltd is a crude oil hauling and trucking company. The company's principal operations are in the Bakken region of North Dakota and the Permian Basin in Texas and New Mexico. Its focus is to grow its core business and expand its crude oil hauling operations into other basins throughout the United States. The company's only segment is oil and gas.