AVACF (Avance Gas Holding) Debt-to-Asset : 0.00 (As of Mar. 2025)

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What is Avance Gas Holding Debt-to-Asset?

Avance Gas Holding AVACF Debt-to-Asset is 0.00 as of Mar. 2025.

Avance Gas Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $0.0 Mil. Avance Gas Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $0.0 Mil. Avance Gas Holding's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2025 was $61.3 Mil. Avance Gas Holding's debt to asset for the quarter that ended in Mar. 2025 was 0.00.

Avance Gas Holding  (OTCPK:AVACF) 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.

Avance Gas Holding Debt-to-Asset Related Terms

Avance Gas Holding Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Avance Gas Holding'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.

Avance Gas Holding Debt-to-Asset Chart

Avance Gas Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.41 0.42 0.45 0.00

Avance Gas Holding Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Debt-to-Asset 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 0.41 0.44 0.48 0.00 0.00

AVACF vs FOMI, WMB, EPD: Debt-to-Asset Comparison

For the Oil & Gas Midstream subindustry, Avance Gas Holding'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.

Avance Gas Holding Debt-to-Asset vs Oil & Gas Industry

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

* The bar in red indicates where Avance Gas Holding's Debt-to-Asset falls into.


Avance Gas Holding Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Avance Gas Holding's Debt-to-Asset for the fiscal year that ended in Dec. 2024 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) / 457.358
=0.00

Avance Gas Holding's Debt-to-Asset for the quarter that ended in Mar. 2025 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) / 61.342
=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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.00 mean?
Avance Gas Holding (AVACF) has a Debt-to-Asset of 0.00 as of Mar. 2025. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Avance Gas Holding and its competitors.
Is Avance Gas Holding's Debt-to-Asset too high?
Avance Gas Holding's current Debt-to-Asset is 0.00.
How does Avance Gas Holding's Debt-to-Asset compare to FOMI and WMB?
Avance Gas Holding's Debt-to-Asset of 0.00 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for an Oil & Gas company?
A good Debt-to-Asset depends on the Oil & Gas industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Avance Gas Holding and its competitors. Avance Gas Holding's current Debt-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avance Gas Holding stock overvalued right now?
Avance Gas Holding (AVACF) has a current Debt-to-Asset of 0.00. The current Debt-to-Asset is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Avance Gas Holding (AVACF), the current Debt-to-Asset is 0.00 as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Avance Gas Holding Business Description

Industry EnergyOil & Gas
Address 14 Par-la-Ville Road, 4th floor, PO Box HM 1593, Par-la-Ville Place, Hamilton, BMU, HM 08
Avance Gas Holding Ltd is engaged in the transportation of liquefied petroleum gas (LPG). It owns and operates very large gas carriers (VLGCs) providing transportation services to oil majors and traders of LPG. It operates a fleet of vessels providing customers with transportation services through the combination of the contract of affreightments and spot market voyages. The company transports liquefied petroleum to destinations in Europe, South America, India, and Asia, mainly loading from the Middle East Gulf and the United States Gulf/United States East Coast. The company operates in a single segment, which is liquefied petroleum gas.