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Golden Energy Offshore Services AS (OSL:GEOS) Equity-to-Asset : 0.34 (As of Dec. 2023)


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What is Golden Energy Offshore Services AS Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Golden Energy Offshore Services AS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was kr529.5 Mil. Golden Energy Offshore Services AS's Total Assets for the quarter that ended in Dec. 2023 was kr1,558.9 Mil. Therefore, Golden Energy Offshore Services AS's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.34.

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

OSL:GEOS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09   Med: 0.27   Max: 0.99
Current: 0.34

During the past 10 years, the highest Equity to Asset Ratio of Golden Energy Offshore Services AS was 0.99. The lowest was 0.09. And the median was 0.27.

OSL:GEOS's Equity-to-Asset is ranked worse than
69.18% of 980 companies
in the Transportation industry
Industry Median: 0.49 vs OSL:GEOS: 0.34

Golden Energy Offshore Services AS Equity-to-Asset Historical Data

The historical data trend for Golden Energy Offshore Services AS'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.

Golden Energy Offshore Services AS Equity-to-Asset Chart

Golden Energy Offshore Services AS 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 0.49 0.30 0.16 0.19 0.34

Golden Energy Offshore Services AS Quarterly Data
Jun17 Sep17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 Premium Member Only Premium Member Only 0.19 0.15 0.18 0.13 0.34

Competitive Comparison of Golden Energy Offshore Services AS's Equity-to-Asset

For the Marine Shipping subindustry, Golden Energy Offshore Services AS'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.


Golden Energy Offshore Services AS's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Golden Energy Offshore Services AS's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Golden Energy Offshore Services AS's Equity-to-Asset falls into.



Golden Energy Offshore Services AS 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.

Golden Energy Offshore Services AS'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
=529.486/1558.874
=0.34

Golden Energy Offshore Services AS'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
=529.486/1558.874
=0.34

* 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.


Golden Energy Offshore Services AS  (OSL:GEOS) 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%.


Golden Energy Offshore Services AS Equity-to-Asset Related Terms

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


Golden Energy Offshore Services AS (OSL:GEOS) Business Description

Traded in Other Exchanges
Address
St Olavs Plass 1, Alesund, NOR, 6002
Golden Energy Offshore Services AS is a shipowner and operator of modern and high-spec offshore service vessels for the oil and gas service industry. The company's fleet includes Energy Empress, Larissa, and many more. Geographically, it derives a majority of its revenue from Europe.