Terrace Energy (TSXV:TZR.H) LT-Debt-to-Total-Asset : 0.00 (As of Oct. 2023)

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What is Terrace Energy 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. Terrace Energy's long-term debt to total assests ratio for the quarter that ended in Oct. 2023 was 0.00.

Terrace Energy's long-term debt to total assets ratio stayed the same from Oct. 2022 (0.00) to Oct. 2023 (0.00).

Terrace Energy LT-Debt-to-Total-Asset Historical Data

The historical data trend for Terrace Energy'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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Terrace Energy LT-Debt-to-Total-Asset Chart

Terrace Energy Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

LT-Debt-to-Total-Asset

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2.78

14.96

Terrace Energy Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Terrace Energy LT-Debt-to-Total-Asset Calculation

Terrace Energy's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jan. 2023 is calculated as

LT Debt to Total Assets (A: Jan. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Jan. 2023 )	/	Total Assets (A: Jan. 2023 )
	=	0	/	0.568
	=

Terrace Energy's Long-Term Debt to Total Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

LT Debt to Total Assets (Q: Oct. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Oct. 2023 )	/	Total Assets (Q: Oct. 2023 )
	=	0	/	0.52
	=

Terrace Energy (TSXV:TZR.H) 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.

Terrace Energy LT-Debt-to-Total-Asset Related Terms

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Terrace Energy (TSXV:TZR.H) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Terrace Energy Corp (TSXV:TZR.H) » Definitions » LT-Debt-to-Total-Asset

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TCRRF:USA

Address

1424 Commercial Drive, PO Box 21546, Vancouver, BC, CAN, V5L 5G2

Website

https://www.terraceenergy.net

Terrace Energy Corp is an oil and gas company. It is engaged in acquiring, exploring, and developing unconventional onshore oil and gas properties in the United States. The group holds an interest in the Maverick County Project.

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