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Strata Power (Strata Power) Equity-to-Asset : -1.15 (As of Dec. 2023)


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What is Strata Power Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Strata Power's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-0.24 Mil. Strata Power's Total Assets for the quarter that ended in Dec. 2023 was $0.21 Mil. Therefore, Strata Power's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was -1.15.

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

SPOWF' s Equity-to-Asset Range Over the Past 10 Years
Min: -7.41   Med: -2.66   Max: 0.8
Current: -1.15

During the past 13 years, the highest Equity to Asset Ratio of Strata Power was 0.80. The lowest was -7.41. And the median was -2.66.

SPOWF's Equity-to-Asset is ranked worse than
96.06% of 1092 companies
in the Oil & Gas industry
Industry Median: 0.51 vs SPOWF: -1.15

Strata Power Equity-to-Asset Historical Data

The historical data trend for Strata Power'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.

Strata Power Equity-to-Asset Chart

Strata Power 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 -2.76 -2.55 -5.10 -0.89 -1.15

Strata Power Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 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 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 -2.76 -2.55 -5.10 -0.89 -1.15

Competitive Comparison of Strata Power's Equity-to-Asset

For the Oil & Gas E&P subindustry, Strata Power'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.


Strata Power's Equity-to-Asset Distribution in the Oil & Gas Industry

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

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



Strata Power 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.

Strata Power'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
=-0.236/0.206
=-1.15

Strata Power'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
=-0.236/0.206
=-1.15

* 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.


Strata Power  (OTCPK:SPOWF) 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%.


Strata Power Equity-to-Asset Related Terms

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


Strata Power (Strata Power) Business Description

Traded in Other Exchanges
N/A
Address
500 4th Ave. SW, Suite 2500, Calgary, AB, CAN, T2P 2V6
Strata Power Corp is engaged in the acquisition and exploration of oil and gas properties. The company operates in the oil and gas industry with a focus on Canada's heavy oil and carbonate-hosted bitumen deposits. It has oil sand properties located in the Peace River oil sands region in Northern Alberta, Canada. It also owns royalty interest in oil sands leases and owns non-producing wells.
Executives
Duncan Budge director 4556 MARINEVIEW CRESCENT, NORTH VANCOUVER A1 V7R 3P2