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HighPeak Energy (HighPeak Energy) Equity-to-Asset : 0.50 (As of Dec. 2023)


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What is HighPeak Energy Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. HighPeak Energy's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,553 Mil. HighPeak Energy's Total Assets for the quarter that ended in Dec. 2023 was $3,081 Mil. Therefore, HighPeak Energy's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.50.

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

HPK' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5   Med: 0.68   Max: 0.91
Current: 0.5

During the past 5 years, the highest Equity to Asset Ratio of HighPeak Energy was 0.91. The lowest was 0.50. And the median was 0.68.

HPK's Equity-to-Asset is ranked worse than
50.23% of 1093 companies
in the Oil & Gas industry
Industry Median: 0.51 vs HPK: 0.50

HighPeak Energy Equity-to-Asset Historical Data

The historical data trend for HighPeak Energy'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.

HighPeak Energy Equity-to-Asset Chart

HighPeak Energy Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.91 0.88 0.68 0.51 0.50

HighPeak Energy Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.51 0.47 0.45 0.49 0.50

Competitive Comparison of HighPeak Energy's Equity-to-Asset

For the Oil & Gas E&P subindustry, HighPeak Energy'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.


HighPeak Energy's Equity-to-Asset Distribution in the Oil & Gas Industry

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

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



HighPeak Energy 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.

HighPeak Energy'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
=1552.721/3080.791
=0.50

HighPeak Energy'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
=1552.721/3080.791
=0.50

* 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.


HighPeak Energy  (NAS:HPK) 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%.


HighPeak Energy Equity-to-Asset Related Terms

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


HighPeak Energy (HighPeak Energy) Business Description

Traded in Other Exchanges
Address
421 W. 3rd Street, Suite 1000, Fort Worth, TX, USA, 76102
HighPeak Energy Inc is an independent oil and natural gas company focused on the development of unconventional oil and natural gas reserves in primarily Howard County of the Midland Basin. The company operates in a single segment, which is oil and natural gas development, exploration, and production.
Executives
Jack Hightower director, 10 percent owner, officer: Chief Executive Officer 1700 PACIFIC, SUYITE 3300, DALLAS TX 75201
Jay M. Chernosky director 602 FALL RIVER ROAD, HOUSTON TX 77024
Michael L. Hollis director, officer: President 500 WEST TEXAS, SUITE 1225, MIDLAND TX 79701
John Paul Dejoria 10 percent owner 2934 OESTRICK LANE, AUSTIN TX 78733
Steven W Tholen officer: Chief Financial Officer 1177 ENCLAVE PARKWAY, SUITE 300, HOUSTON TX 77077
Rodney L Woodard officer: Chief Operating Officer C/O PURE RESOURCES, 500 W. ILLINOIS, MIDLAND TX 79701
Larry Oldham director 1004 N BIG SPRING, C/O PARALLEL PETROLEUM, MIDLAND TX 79701
Keith E Forbes officer: Vice President and Controller 421 W. 3RD STREET, SUITE 1000, FORT WORTH TX 76102
Jason A. Edgeworth director 421 W. 3RD STREET, SUITE 1000, FORT WORTH TX 76101
Michael H. Gustin director 208 HEWITT DRIVE, #103-113, WOODWAY TX 76712
Keith Covington director 500 WEST ILLINOIS, MIDLAND TX 79701
Highpeak Energy Partners, Lp other: . 421 W. 3RD STREET, SUITE 1000, FORT WORTH TX 76102
Highpeak Energy Partners Ii, Lp other: . 421 W. 3RD STREET, SUITE 1000, FORT WORTH TX 76102
Highpeak Pure Acquisition, Llc other: . 421 W 3RD STREET, SUITE 1000, FORT WORTH TX 76102
Sharon F. Fulgham director 4354 W. VICKERY BOULEVARD, FORT WORTH TX 76107