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The Reserve Petroleum Co (The Reserve Petroleum Co) Liabilities-to-Assets : 0.16 (As of Dec. 2023)


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What is The Reserve Petroleum Co 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. The Reserve Petroleum Co's Total Liabilities for the quarter that ended in Dec. 2023 was $5.64 Mil. The Reserve Petroleum Co's Total Assets for the quarter that ended in Dec. 2023 was $36.39 Mil. Therefore, The Reserve Petroleum Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.16.


The Reserve Petroleum Co Liabilities-to-Assets Historical Data

The historical data trend for The Reserve Petroleum Co'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.

* Premium members only.

The Reserve Petroleum Co Liabilities-to-Assets Chart

The Reserve Petroleum Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.09 0.10 0.16 0.16

The Reserve Petroleum Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Liabilities-to-Assets 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 Premium Member Only Premium Member Only Premium Member Only 0.16 0.16 0.18 0.20 0.16

Competitive Comparison of The Reserve Petroleum Co's Liabilities-to-Assets

For the Oil & Gas E&P subindustry, The Reserve Petroleum Co'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.


The Reserve Petroleum Co's Liabilities-to-Assets Distribution in the Oil & Gas Industry

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

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



The Reserve Petroleum Co 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.

The Reserve Petroleum Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=5.637/36.387
=0.15

The Reserve Petroleum Co's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=5.637/36.387
=0.15

* 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.


The Reserve Petroleum Co  (OTCPK:RSRV) 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.


The Reserve Petroleum Co Liabilities-to-Assets Related Terms

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The Reserve Petroleum Co (The Reserve Petroleum Co) Business Description

Traded in Other Exchanges
N/A
Address
6801 Broadway Extension, Suite 300, Oklahoma City, OK, USA, 73116-9037
The Reserve Petroleum Co is engaged in managing its owned mineral properties and exploration and development of oil and natural gas properties. It operates through the segment of the oil and natural gas exploration and development and minerals management with areas of concentration in Texas, Oklahoma, Kansas, Arkansas, and South Dakota.
Executives
Cameron R Mclain director, officer: PRESIDENT 805 GLEN EAGLES DR, EDMOND OK 73013
Lawrence Raymond Francis officer: 1st VP & Secretary/Treasurer 6801 BROADWAY EXTENSION, SUITE 300, OKLAHOMA CITY OK 73116
John Mclain director 6801 BROADWAY EXTENSION, SUITE 200, OKLAHOMA CITY OK 73116-9037
Robert T Mclain director 6403 N. GRAND BLVD, SUITE 200, OKLAHOMA CITY OK 73116
Robert L Savage director 8326 GLENWOOD AVENUE, OKLAHOMA CITY OK 73114
James L Tyler director, officer: 2nd Vice President, Sec/Treas 7720 NW 102ND ST, OKLAHOMA CITY OK 73162-5314
Kyle L Mclain other: Performs policy making functio 2301 STEEPLECHASE RD, EDMOND OK 73034
Mason W Mclain director, 10 percent owner, officer: President

The Reserve Petroleum Co (The Reserve Petroleum Co) Headlines