TransAtlantic Petroleum (TransAtlantic Petroleum) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2020)

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What is TransAtlantic Petroleum 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. TransAtlantic Petroleum's long-term debt to total assests ratio for the quarter that ended in Sep. 2020 was 0.00.

TransAtlantic Petroleum's long-term debt to total assets ratio declined from Sep. 2019 (0.05) to Sep. 2020 (0.00). It may suggest that TransAtlantic Petroleum is progressively becoming less dependent on debt to grow their business.

TransAtlantic Petroleum LT-Debt-to-Total-Asset Historical Data

The historical data trend for TransAtlantic Petroleum'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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TransAtlantic Petroleum LT-Debt-to-Total-Asset Chart

TransAtlantic Petroleum Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

LT-Debt-to-Total-Asset

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0.18

0.02

0.08

0.02

TransAtlantic Petroleum Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.05	0.02	-	-	-

TransAtlantic Petroleum LT-Debt-to-Total-Asset Calculation

TransAtlantic Petroleum's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

LT Debt to Total Assets (A: Dec. 2019 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2019 )	/	Total Assets (A: Dec. 2019 )
	=	2.857	/	136.504
	=	0.02

TransAtlantic Petroleum's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2020 is calculated as

LT Debt to Total Assets (Q: Sep. 2020 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2020 )	/	Total Assets (Q: Sep. 2020 )
	=	0	/	84.862
	=	0.00

TransAtlantic Petroleum (AMEX:TAT) 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.

TransAtlantic Petroleum LT-Debt-to-Total-Asset Related Terms

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TransAtlantic Petroleum (TransAtlantic Petroleum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TransAtlantic Petroleum Ltd (AMEX:TAT) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

16803 Dallas Parkway, Addison, TX, USA, 75001

Website

http://www.transatlanticpetroleum.com

TransAtlantic Petroleum Ltd is an oil and natural gas company, which is engaged in the acquisition, exploration, development, and production of oil and natural gas. It operates through the Turkey and Bulgaria geographical segments. It holds interests in developed and undeveloped oil and natural gas properties in Turkey and Bulgaria. All of its oil production is concentrated in southeastern Turkey, primarily in the Arpatepe, Bahar, Goksu and Selmo oil fields, and its natural gas production is concentrated in the Thrace Basin, which is located in northwestern Turkey near Istanbul. The firm derives the majority of revenue from of crude oil and natural gas.

Executives

Mary E West	other: See REMARKS	1603 ORRINGTON AVE STE 810 EVANSTON IL 60201
Mitchell Noah Malone Iii	director, 10 percent owner, officer: Chief Executive Officer	16803 DALLAS PARKWAY, ADDISON TX 75001
West Family Investments, Inc.	other: See REMARKS	1603 ORRINGTON AVE, SUITE 810 EVANSTON IL 60201
Randy Rochman	director	16803 DALLAS PARKWAY ADDISON TX 75001
Jonathon Fite	director	16803 DALLAS PARKWAY ADDISON TX 75001
West Investment Holdings, Llc	10 percent owner, other: See REMARKS	1603 ORRINGTON AVE., SUITE 810 EVANSTON IL 60201
Gary West	other: See REMARKS	1603 ORRINGTON AVE., SUITE 810 EVANSTON IL 60201
Todd Dutton	officer: President	16803 DALLAS PARKWAY ADDISON TX 75001
Tabitha Bailey	officer: VP & General Counsel	16803 DALLAS PARKWAY, ADDISON TX 75001
Michael Paul Hill	officer: Chief Accounting Officer	16803 DALLAS PARKWAY ADDISON TX 75001
Selami Uras	officer: Executive VP Turkey	16803 N. DALLAS PARKWAY ADDISON TX 75001
David Gerald Mitchell	officer: Vice President Engineering	16803 DALLAS PARKWAY ADDISON TX 75001
Galo Fabian Anda	officer: Principal Accounting/Financial	16803 DALLAS PARKWAY ADDISON TX 75001
Mel G Riggs	director	1870 CORDELL COURT, SUITE 210, EL CAJON CA 92020
Charles J Campise	director

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