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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Helmerich & Payne's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $2,803 Mil. Helmerich & Payne's Total Assets for the quarter that ended in Mar. 2024 was $4,425 Mil. Therefore, Helmerich & Payne's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.63.
The historical rank and industry rank for Helmerich & Payne's Equity-to-Asset or its related term are showing as below:
During the past 13 years, the highest Equity to Asset Ratio of Helmerich & Payne was 0.73. The lowest was 0.58. And the median was 0.68.
The historical data trend for Helmerich & Payne'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.
Helmerich & Payne Annual Data | |||||||||||||||||||||
Trend | Sep14 | Sep15 | Sep16 | Sep17 | Sep18 | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | |||||||||||
Equity-to-Asset | Get a 7-Day Free Trial | 0.69 | 0.69 | 0.58 | 0.64 | 0.63 |
Helmerich & Payne Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Equity-to-Asset | Get a 7-Day Free Trial | 0.63 | 0.62 | 0.63 | 0.62 | 0.63 |
For the Oil & Gas Drilling subindustry, Helmerich & Payne'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.
For the Oil & Gas industry and Energy sector, Helmerich & Payne's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Helmerich & Payne's Equity-to-Asset falls into.
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.
Helmerich & Payne's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as
Equity to Asset (A: Sep. 2023 ) | = | Total Stockholders Equity | / | Total Assets |
= | 2771.943 | / | 4381.956 | |
= | 0.63 |
Helmerich & Payne'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 |
= | 2803.074 | / | 4424.848 | |
= | 0.63 |
* 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.
Helmerich & Payne (NYSE:HP) 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%.
Thank you for viewing the detailed overview of Helmerich & Payne's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Adams Raymond John Iii | officer: SVP Sales, Marketing & Digital | 1437 S. BOULDER AVE., SUITE 1400, TULSA OK 74119 |
Hans Helmerich | director | C/O CIIRMAREX ENERGY CO, 707 17TH ST. #3300, DENVER CO 80202-3404 |
Elizabeth R Killinger | director | NRG ENERGY, INC., 211 CARNEGIE CENTER, PRINCETON NJ 08540 |
John W Lindsay | director, officer: President and CEO | 1437 S. BOULDER AVE., SUITE 1400, TULSA OK 74119 |
John R. Bell | officer: SVP, Int'l & Offshore Ops, sub | 1437 S. BOULDER AVE., SUITE 1400, TULSA OK 74119 |
Mark W. Smith | officer: Senior VP and CFO | 15835 PARK TEN PLACE DRIVE, HOUSTON TX 77084 |
Cara M. Hair | officer: SVP, Corp. Services & CLO | 1437 S. BOULDER AVE., SUITE 1400, TULSA OK 74119 |
Sara Marie Momper | officer: VP, CAO | 1437 S. BOULDER AVE., SUITE 1400, TULSA OK 74119 |
Michael Lennox | officer: SVP, US Land Ops, drilling sub | 1437 S. BOULDER AVE., SUITE 140, TULSA OK 74119 |
Todd Willard Benson | officer: President of H&P Technologies | 1437 S. BOULDER AVENUE, SUITE 1400, TULSA OK 74119 |
Belgacem Chariag | director | TECHNO PARK, SHEIKH ZAYED ROAD, DUBAI C0 00000 |
Mary M Vandeweghe | director | 1601 W. DIEHL ROAD, NAPERVILLE IL 60563 |
Kevin G. Cramton | director | 502 SAINT DAVIDS AVENUE, WAYNE PA 19087 |
Delaney Murchison Bellinger | director | 524 E. 24TH STREET, HOUSTON TX 77008 |
Jose Ramon Mas | director | 800 DOUGLAS ROAD, 12TH FLOOR, CORAL GABLES FL 33134 |
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