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Grand Gulf Energy (ASX:GGE) Debt-to-Asset : 0.00 (As of Dec. 2023)


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What is Grand Gulf Energy Debt-to-Asset?

Grand Gulf Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Grand Gulf Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Grand Gulf Energy's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was A$24.19 Mil. Grand Gulf Energy's debt to asset for the quarter that ended in Dec. 2023 was 0.00.

Grand Gulf Energy Debt-to-Asset Historical Data

The historical data trend for Grand Gulf Energy's Debt-to-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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Grand Gulf Energy Debt-to-Asset Chart

Grand Gulf Energy Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Asset
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Grand Gulf Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Grand Gulf Energy's Debt-to-Asset

For the Oil & Gas E&P subindustry, Grand Gulf Energy's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Grand Gulf Energy's Debt-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Grand Gulf Energy's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Grand Gulf Energy's Debt-to-Asset falls into.


Grand Gulf Energy Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Grand Gulf Energy's Debt-to-Asset for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 0) / 23.416
=0.00

Grand Gulf Energy's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0 + 0) / 24.186
=0.00

* 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.

Grand Gulf Energy  (ASX:GGE) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Grand Gulf Energy Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Grand Gulf Energy's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Grand Gulf Energy (ASX:GGE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Grand Gulf Energy Ltd (ASX:GGE) » Definitions » Debt-to-Asset
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Traded in Other Exchanges
GRGUF:USA
Address
56 Kings Park Road, Suite 1G, West Perth, Perth, WA, AUS, 6005
Website
https://www.grandgulfenergy.com
Grand Gulf Energy Ltd is engaged in the exploration, evaluation, and development of oil and gas leases. Its projects include Red Helium Project. The company has one operating segment, being oil & gas production and exploration operations (including exploration for Helium).