Texon Petroleum Limited (ASX:TXN) Liabilities-to-Assets : 0.00 (As of . 20)

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What is Texon Petroleum Limited Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Texon Petroleum Limited's Total Liabilities for the quarter that ended in . 20 was A$0.00 Mil. Texon Petroleum Limited's Total Assets for the quarter that ended in . 20 was A$0.00 Mil.

Texon Petroleum Limited Liabilities-to-Assets Historical Data

The historical data trend for Texon Petroleum Limited's Liabilities-to-Assets 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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Texon Petroleum Limited Liabilities-to-Assets Chart

Texon Petroleum Limited Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Liabilities-to-Assets

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0.09

0.13

0.08

0.18

0.04

Texon Petroleum Limited Quarterly Data

Liabilities-to-Assets

Competitive Comparison of Texon Petroleum Limited's Liabilities-to-Assets

For the Oil & Gas E&P subindustry, Texon Petroleum Limited's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.

Texon Petroleum Limited's Liabilities-to-Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Texon Petroleum Limited's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Texon Petroleum Limited's Liabilities-to-Assets falls into.

Texon Petroleum Limited Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Texon Petroleum Limited's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2011 is calculated as:

Liabilities-to-Assets (A: Dec. 2011 )	=	Total Liabilities	/	Total Assets
	=	3.458	/	81.242
	=	0.04

Texon Petroleum Limited's Liabilities-to-Assets Ratio for the quarter that ended in . 20 is calculated as

Liabilities-to-Assets (Q: . 20 )	=	Total Liabilities	/	Total Assets
	=		/
	=	N/A

Texon Petroleum Limited (ASX:TXN) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.

Texon Petroleum Limited Liabilities-to-Assets Related Terms

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