Galp Energia SGPS (XLIS:GALP) Equity-to-Asset

: 0.27 (As of Dec. 2023)

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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Galp Energia SGPS's Total Stockholders Equity for the quarter that ended in Dec. 2023 was €4,409 Mil. Galp Energia SGPS's Total Assets for the quarter that ended in Dec. 2023 was €16,606 Mil. Therefore, Galp Energia SGPS's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.27.

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

XLIS:GALP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21 Med: 0.34 Max: 0.4
Current: 0.27

During the past 13 years, the highest Equity to Asset Ratio of Galp Energia SGPS was 0.40. The lowest was 0.21. And the median was 0.34.

XLIS:GALP's Equity-to-Asset is ranked worse than
77.39% of 1088 companies
in the Oil & Gas industry
Industry Median: 0.505 vs XLIS:GALP: 0.27

Galp Energia SGPS Equity-to-Asset Historical Data

The historical data trend for Galp Energia SGPS'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.

Galp Energia SGPS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.32

0.25

0.21

0.26

0.27

Galp Energia SGPS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset																0.26	0.28	0.28	0.27	0.27

Competitive Comparison

For the Oil & Gas Integrated subindustry, Galp Energia SGPS'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.

Galp Energia SGPS Equity-to-Asset Distribution

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

* The bar in red indicates where Galp Energia SGPS's Equity-to-Asset falls into.

Galp Energia SGPS 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.

Galp Energia SGPS'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
	=	4409	/	16606
	=	0.27

Galp Energia SGPS'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
	=	4409	/	16606
	=	0.27

Galp Energia SGPS (XLIS:GALP) 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%.

Galp Energia SGPS Equity-to-Asset Related Terms

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Galp Energia SGPS (XLIS:GALP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Galp Energia SGPS SA (XLIS:GALP) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

GLPEY:USA GLPEF:USA GALPu:UK 0B67:UK GZ5:Germany

Address

Rua Tomas da Fonseca, Torre A, Lisboa, PRT, 1600-209

Website

https://www.galp.com

Galp Energia SGPS SA is an integrated operator with business lines spanning from exploration and production to refining and marketing of oil products. Its operating segments include Upstream, Industrial and Midstream, Commercial and Renewables and New Businesses. The Upstream segment involves the management of all activities relating to the exploration, development, and production of hydrocarbons. The Industrial & Midstream segment operates the Sines industrial site in Portugal, which includes all current refining activities, The Commercial segment encompasses the area of retail to final B2B and B2C customers of oil, gas, electricity, and convenience. The Renewables & New businesses segment represents Galp's presence in the renewable and new energies space.

Galp Energia SGPS (XLIS:GALP) Headlines

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