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Crescent Energy Co (Crescent Energy Co) Equity-to-Asset : 0.29 (As of Mar. 2024)


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What is Crescent Energy Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Crescent Energy Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,971 Mil. Crescent Energy Co's Total Assets for the quarter that ended in Mar. 2024 was $6,798 Mil. Therefore, Crescent Energy Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.29.

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

CRGY' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.23   Max: 0.7
Current: 0.29

During the past 6 years, the highest Equity to Asset Ratio of Crescent Energy Co was 0.70. The lowest was 0.07. And the median was 0.23.

CRGY's Equity-to-Asset is ranked worse than
75% of 1092 companies
in the Oil & Gas industry
Industry Median: 0.51 vs CRGY: 0.29

Crescent Energy Co Equity-to-Asset Historical Data

The historical data trend for Crescent Energy Co'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.

Crescent Energy Co Equity-to-Asset Chart

Crescent Energy Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.47 0.70 0.13 0.14 0.25

Crescent Energy Co Quarterly Data
Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.15 0.24 0.23 0.25 0.29

Competitive Comparison of Crescent Energy Co's Equity-to-Asset

For the Oil & Gas E&P subindustry, Crescent Energy 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.


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

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

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



Crescent Energy 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.

Crescent Energy Co'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
=1704.823/6803.335
=0.25

Crescent Energy Co's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=1970.812/6797.917
=0.29

* 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.


Crescent Energy Co  (NYSE:CRGY) 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%.


Crescent Energy Co Equity-to-Asset Related Terms

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


Crescent Energy Co (Crescent Energy Co) Business Description

Traded in Other Exchanges
N/A
Address
600 Travis Street, Suite 7200, Houston, TX, USA, 77002
Crescent Energy Co an independent energy company with a portfolio of assets in key basins across the lower 48 states. The company maintains a diverse portfolio of assets in key proven basins across the United States, including the Eagle Ford, Rockies, Barnett, Permian, and Mid-Con. It seeks to deliver attractive risk-adjusted investment returns and predictable cash flows across cycles with a focus on operated oil and gas assets complemented by non?operated assets, mineral and royalty interests, and midstream infrastructure.
Executives
David C. Rockecharlie director, officer: Chief Executive Officer 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Brandi Kendall director, officer: Chief Financial Officer 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Independence Energy Aggregator L.p. 10 percent owner 600 TRAVIS STREEET, SUITE 7200, HOUSTON TX 77002
Kkr Group Partnership L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Todd Falk officer: Chief Accounting Officer 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Bo Shi officer: See Remarks 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
John Clayton Rynd officer: Executive Vice President 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Teacher Retirement System Of Texas 10 percent owner 1000 RED RIVER STREET, AUSTIN TX 78701
Benjamin Conner officer: Executive Vice President 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Kkr Group Co. Inc. 10 percent owner 30 HUDSON YARDS, NEW YORK NY 10001
Karen Jo Simon director 1918 OLIVE STREET, #2904, DALLAS TX 75201
Bevin Brown director 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Erich Bobinsky director 600 TRAVIS STREET, SUITE 7200, HOUSTON TX 77002
Kkr Group Assets Holdings Iii L.p. 10 percent owner 30 HUDSON YARDS, NEW YORK NY 10001
Kkr Group Assets Iii Gp Llc 10 percent owner 30 HUDSON YARDS, NEW YORK NY 10001