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Eurasia Drilling Co (LSE:EDCL) Equity-to-Asset : 0.46 (As of Jun. 2015)


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What is Eurasia Drilling Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Eurasia Drilling Co's Total Stockholders Equity for the quarter that ended in Jun. 2015 was $1,297 Mil. Eurasia Drilling Co's Total Assets for the quarter that ended in Jun. 2015 was $2,839 Mil. Therefore, Eurasia Drilling Co's Equity to Asset Ratio for the quarter that ended in Jun. 2015 was 0.46.

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

LSE:EDCL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44   Med: 0.51   Max: 0.71
Current: 0.46

During the past 9 years, the highest Equity to Asset Ratio of Eurasia Drilling Co was 0.71. The lowest was 0.44. And the median was 0.51.

LSE:EDCL's Equity-to-Asset is not ranked
in the Oil & Gas industry.
Industry Median: 0.51 vs LSE:EDCL: 0.46

Eurasia Drilling Co Equity-to-Asset Historical Data

The historical data trend for Eurasia Drilling Co'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.

Eurasia Drilling Co Equity-to-Asset Chart

Eurasia Drilling Co Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.61 0.50 0.55 0.49 0.44

Eurasia Drilling Co Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.49 0.51 0.44 0.46

Competitive Comparison of Eurasia Drilling Co's Equity-to-Asset

For the Oil & Gas Drilling subindustry, Eurasia Drilling Co'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.


Eurasia Drilling Co's Equity-to-Asset Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Eurasia Drilling Co's Equity-to-Asset falls into.



Eurasia Drilling Co 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.

Eurasia Drilling Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Equity to Asset (A: Dec. 2014 )=Total Stockholders Equity/Total Assets
=1186.325/2685.913
=0.44

Eurasia Drilling Co's Equity to Asset Ratio for the quarter that ended in Jun. 2015 is calculated as

Equity to Asset (Q: Jun. 2015 )=Total Stockholders Equity/Total Assets
=1296.709/2839.248
=0.46

* 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.


Eurasia Drilling Co  (LSE:EDCL) 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%.


Eurasia Drilling Co Equity-to-Asset Related Terms

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Eurasia Drilling Co (LSE:EDCL) Business Description

Traded in Other Exchanges
N/A
Address
Eurasia Drilling Co Ltd was incorporated on November 25, 2002 under the Law of the Cayman Islands. The Company is engaged in providing exploratory and developmental drilling and oil and gas field services to companies operating within the Russian Federation, Kazakhstan, Iraq and the Caspian Sea region. The Company operates in two operating and geographical segments: onshore drilling conducted in the CIS and off-shore drilling conducted in the Caspian Sea.

Eurasia Drilling Co (LSE:EDCL) Headlines

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