Gazprom PJSC (Gazprom PJSC) LT-Debt-to-Total-Asset : 0.19 (As of Jun. 2023)

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What is Gazprom PJSC LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Gazprom PJSC's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.19.

Gazprom PJSC's long-term debt to total assets ratio increased from Sep. 2021 (0.17) to Jun. 2023 (0.19). It may suggest that Gazprom PJSC is progressively becoming more dependent on debt to grow their business.

Gazprom PJSC LT-Debt-to-Total-Asset Historical Data

The historical data trend for Gazprom PJSC's LT-Debt-to-Total-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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Gazprom PJSC LT-Debt-to-Total-Asset Chart

Gazprom PJSC Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.16

0.15

0.19

0.16

0.18

Gazprom PJSC Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.17	0.16	-	0.18	0.19

Gazprom PJSC LT-Debt-to-Total-Asset Calculation

Gazprom PJSC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	74773.152	/	426943.277
	=	0.18

Gazprom PJSC's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )	/	Total Assets (Q: Jun. 2023 )
	=	64716.263	/	338860.028
	=	0.19

Gazprom PJSC (OTCPK:OGZPY) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Gazprom PJSC LT-Debt-to-Total-Asset Related Terms

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Gazprom PJSC (Gazprom PJSC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gazprom PJSC (OTCPK:OGZPY) » Definitions » LT-Debt-to-Total-Asset

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GAZP:Russia

Address

St. Petersburg, 2/3 Lakhtinsky Avenue, Building No. 1, Moscow, RUS, 197229

Website

https://www.gazprom.com

Gazprom PJSC is a Russian-based integrated oil and gas company in which the Russian government is a majority shareholder. Much of the business lies within the production, transportation, and distribution of natural gas. The company is a major gas supplier to European countries, with substantial gas pipelines throughout Western Russia and into Europe. While its oil segment is a smaller portion of revenue, the company is still integrated into the production, processing, and refinement of crude oil and refined products. Across both segments, the company produces its oil and gas from fields distributed across Russia, with end markets consisting mostly of Europe and Russia.