Anglo African Oil & Gas (Anglo African Oil & Gas) Equity-to-Asset : -53.24 (As of Jun. 2021)

Anglo African Oil & Gas Equity-to-Asset Chart

Anglo African Oil & Gas Annual Data
	Trend	Feb11	Feb12	Feb13	Feb14	Feb15	Feb16	Dec17	Dec18	Dec19	Dec20
Equity-to-Asset		Get a 7-Day Free Trial					-0.78	0.73	0.41	0.01	-13.49

Anglo African Oil & Gas Semi-Annual Data
	Feb11	Aug11	Feb12	Aug12	Feb13	Aug13	Feb14	Aug14	Feb15	Aug15	Feb16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Equity-to-Asset	Get a 7-Day Free Trial															0.54	0.01	-1.32	-13.49	-53.24

Competitive Comparison of Anglo African Oil & Gas's Equity-to-Asset

For the Oil & Gas Drilling subindustry, Anglo African Oil & Gas'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.

Anglo African Oil & Gas's Equity-to-Asset Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Anglo African Oil & Gas's Equity-to-Asset falls into.

Anglo African Oil & Gas 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.

Anglo African Oil & Gas's Equity to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Anglo African Oil & Gas's Equity to Asset Ratio for the quarter that ended in Jun. 2021 is calculated as

* 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.

Anglo African Oil & Gas  (GREY:AAFGF) 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%.

Anglo African Oil & Gas Equity-to-Asset Related Terms

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Anglo African Oil & Gas (Anglo African Oil & Gas) Business Description