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. Sanchez Energy's Total Liabilities for the quarter that ended in Sep. 2019 was $3,085.03 Mil. Sanchez Energy's Total Assets for the quarter that ended in Sep. 2019 was $2,862.81 Mil.
Therefore, Sanchez Energy's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2019 was 1.08.
Sanchez Energy Liabilities-to-Assets Historical Data
The historical data trend for Sanchez Energy'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.
Competitive Comparison of Sanchez Energy's Liabilities-to-Assets
For the Oil & Gas E&P subindustry, Sanchez Energy'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.
Sanchez Energy's Liabilities-to-Assets Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Sanchez Energy's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where Sanchez Energy's Liabilities-to-Assets falls into.
Sanchez Energy 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.
Sanchez Energy's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2018 is calculated as:
* 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.
Sanchez Energy (OTCPK:SCAZQ.PFD) 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.
Sanchez Energy Liabilities-to-Assets Related Terms
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Sanchez Energy (Sanchez Energy) Business Description
Sanchez Energy Corp is a United States-based independent exploration and production company. It is focused on the acquisition and development of U.S. onshore unconventional oil and natural gas resources, with the focus on the horizontal development of resource potential from the Eagle Ford Shale in South Texas. The company also holds an undeveloped acreage position in the Tuscaloosa Marine Shale (TMS) in Mississippi and Louisiana. It generates its revenue from the sale of oil, natural gas liquid sales, and others.
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