ERHC Energy (ERHC Energy) Debt-to-Asset : 0.04 (As of Jun. 2017)

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What is ERHC Energy Debt-to-Asset?

ERHC Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $0.21 Mil. ERHC Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $0.00 Mil. ERHC Energy's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2017 was $5.56 Mil. ERHC Energy's debt to asset for the quarter that ended in Jun. 2017 was 0.04.

ERHC Energy Debt-to-Asset Historical Data

The historical data trend for ERHC Energy's Debt-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.

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ERHC Energy Debt-to-Asset Chart

ERHC Energy Annual Data

Trend

Sep07

Sep08

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Debt-to-Asset

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0.07

0.03

ERHC Energy Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Debt-to-Asset	Get a 7-Day Free Trial															0.02	0.03	0.01	0.02	0.04

Competitive Comparison of ERHC Energy's Debt-to-Asset

For the Oil & Gas E&P subindustry, ERHC Energy's Debt-to-Asset, along with its competitors' market caps and Debt-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.

ERHC Energy's Debt-to-Asset Distribution in the Oil & Gas Industry

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

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

ERHC Energy Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

ERHC Energy's Debt-to-Asset for the fiscal year that ended in Sep. 2016 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.182	+	0)	/	6.223
	=	0.03

ERHC Energy's Debt-to-Asset for the quarter that ended in Jun. 2017 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.214	+	0)	/	5.559
	=	0.04

ERHC Energy (OTCPK:ERHE) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

ERHC Energy Debt-to-Asset Related Terms

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ERHC Energy (ERHC Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ERHC Energy Inc (OTCPK:ERHE) » Definitions » Debt-to-Asset

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Traded in Other Exchanges

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Address

5444 Westheimer Road, Suite 1440, Houston, TX, USA, 77056

Website

http://www.erhc.com

ERHC Energy Inc is an exploration company engaged in the exploration of oil and gas in Africa. The company also holds working interests in exploration acreage in the Republic of Kenya, the Republic of Chad, the Joint Development Zone between the Democratic Republic of Sao Tome and Príncipe, the Federal Republic of Nigeria, and the exclusive economic zone of Sao Tome and Principe.

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