Altus Midstream Co (Altus Midstream Co) Equity-to-Asset : -0.34 (As of Dec. 2021)

Altus Midstream Co Equity-to-Asset Chart

Altus Midstream Co Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21
Equity-to-Asset	Get a 7-Day Free Trial															-0.14	-0.18	-0.27	-0.26	-0.34

Competitive Comparison of Altus Midstream Co's Equity-to-Asset

For the Oil & Gas Midstream subindustry, Altus Midstream Co'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.

Altus Midstream Co's Equity-to-Asset Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Altus Midstream Co's Equity-to-Asset falls into.

Altus Midstream Co 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.

Altus Midstream Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Altus Midstream Co's Equity to Asset Ratio for the quarter that ended in Dec. 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.

Altus Midstream Co  (NAS:ALTM) 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%.

Altus Midstream Co Equity-to-Asset Related Terms

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Altus Midstream Co (Altus Midstream Co) Business Description