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Geo Jade Petroleum (SHSE:600759) Equity-to-Asset : 0.64 (As of Mar. 2024)


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What is Geo Jade Petroleum Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Geo Jade Petroleum's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥8,078 Mil. Geo Jade Petroleum's Total Assets for the quarter that ended in Mar. 2024 was ¥12,715 Mil. Therefore, Geo Jade Petroleum's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.64.

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

SHSE:600759' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23   Med: 0.35   Max: 0.64
Current: 0.64

During the past 13 years, the highest Equity to Asset Ratio of Geo Jade Petroleum was 0.64. The lowest was 0.23. And the median was 0.35.

SHSE:600759's Equity-to-Asset is ranked better than
68.47% of 1091 companies
in the Oil & Gas industry
Industry Median: 0.5 vs SHSE:600759: 0.64

Geo Jade Petroleum Equity-to-Asset Historical Data

The historical data trend for Geo Jade Petroleum'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.

Geo Jade Petroleum Equity-to-Asset Chart

Geo Jade Petroleum Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.37 0.32 0.29 0.62

Geo Jade Petroleum Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Equity-to-Asset 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 0.28 0.29 0.30 0.62 0.64

Competitive Comparison of Geo Jade Petroleum's Equity-to-Asset

For the Oil & Gas E&P subindustry, Geo Jade Petroleum'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.


Geo Jade Petroleum's Equity-to-Asset Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Geo Jade Petroleum's Equity-to-Asset falls into.



Geo Jade Petroleum 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.

Geo Jade Petroleum'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
=7949.695/12847.62
=0.62

Geo Jade Petroleum's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=8078.495/12715.323
=0.64

* 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.


Geo Jade Petroleum  (SHSE:600759) 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%.


Geo Jade Petroleum Equity-to-Asset Related Terms

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


Geo Jade Petroleum (SHSE:600759) Business Description

Traded in Other Exchanges
N/A
Address
26 Xiayun Road, Eagle building, Abloack level3 (3A), Chaoyang District, Beijing, CHN
Geo Jade Petroleum Corp is a China-based oil and gas exploration and development company. Its projects include Maten Petroleum, KoZhaN JSC, North Caspian Petroleum and Sozak Oil and Gas. In addition, the company is also involved in the investment management business.
Executives
Zhang Shi Ming Director
Guo Yi Director
Wang Wen Tao Director
Liu Jian Feng senior management
Lang Ying Director
Liao Yong Supervisors
Tan Xuan senior management
Huang Jie Supervisors
Yu Yang Supervisors
He Xi senior management
Hu Hui Ping senior management
Chen Xue Yun senior management
Qu Ning senior management
Wu Guang Da Supervisors
Fan Hui senior management

Geo Jade Petroleum (SHSE:600759) Headlines

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