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Linc Energy (ASX:LNC) Equity-to-Asset : -0.21 (As of Dec. 2015)


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What is Linc Energy Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Linc Energy's Total Stockholders Equity for the quarter that ended in Dec. 2015 was A$-152.34 Mil. Linc Energy's Total Assets for the quarter that ended in Dec. 2015 was A$713.48 Mil. Therefore, Linc Energy's Equity to Asset Ratio for the quarter that ended in Dec. 2015 was -0.21.

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

ASX:LNC' s Equity-to-Asset Range Over the Past 10 Years
Min: -22.4   Med: 0.73   Max: 0.91
Current: -0.21

During the past 11 years, the highest Equity to Asset Ratio of Linc Energy was 0.91. The lowest was -22.40. And the median was 0.73.

ASX:LNC's Equity-to-Asset is not ranked
in the Oil & Gas industry.
Industry Median: 0.51 vs ASX:LNC: -0.21

Linc Energy Equity-to-Asset Historical Data

The historical data trend for Linc 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.

Linc Energy Equity-to-Asset Chart

Linc Energy Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.61 0.41 0.28 0.03

Linc Energy Quarterly Data
Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 0.21 0.15 0.03 -0.06 -0.21

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

For the Oil & Gas E&P subindustry, Linc 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.


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

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

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



Linc 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.

Linc Energy's Equity to Asset Ratio for the fiscal year that ended in Jun. 2015 is calculated as

Equity to Asset (A: Jun. 2015 )=Total Stockholders Equity/Total Assets
=20.604/811.309
=0.03

Linc Energy's Equity to Asset Ratio for the quarter that ended in Dec. 2015 is calculated as

Equity to Asset (Q: Dec. 2015 )=Total Stockholders Equity/Total Assets
=-152.339/713.479
=-0.21

* 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.


Linc Energy  (ASX:LNC) 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%.


Linc Energy Equity-to-Asset Related Terms

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


Linc Energy (ASX:LNC) Business Description

Traded in Other Exchanges
N/A
Address
32 Edward Street, Smellie & Company Building, Brisbane, QLD, AUS, 4000
Linc Energy Ltd engages in exploration, development, and production of conventional oil and gas and unconventional syngas through the utilization of its underground coal gasification technology. The company's gulf coast properties are spread across Texas and Louisiana and include various producing wells over active fields, both onshore and in shallow state waters. Its segments consist of Oil and Gas engaged in exploration, development, and production of traditional oil and gas assets in North America; Clean Energy engaged in development and commercialization of Coal-to-Liquids processes through the combined utilization of Underground Coal Gasification and Gas to Liquids technologies; and Shale oil engaged in exploration of the company's petroleum exploration tenements in South Australia.