EONR (EON Resources) Debt-to-Asset : 0.42 (As of Sep. 2024)

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What is EON Resources Debt-to-Asset?

EON Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $14.74 Mil. EON Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $28.84 Mil. EON Resources's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was $103.18 Mil. EON Resources's debt to asset for the quarter that ended in Sep. 2024 was 0.42.

EON Resources Debt-to-Asset Historical Data

The historical data trend for EON Resources'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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EON Resources Debt-to-Asset Chart

EON Resources Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

0.42

0.44

EON Resources Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial											0.03	0.44	0.44	0.43	0.42

Competitive Comparison of EON Resources's Debt-to-Asset

For the Oil & Gas E&P subindustry, EON Resources'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.

EON Resources's Debt-to-Asset Distribution in the Oil & Gas Industry

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

* The bar in red indicates where EON Resources's Debt-to-Asset falls into.

EON Resources Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

EON Resources's Debt-to-Asset for the fiscal year 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
	=	(6.517	+	37.486)	/	100.726
	=	0.44

EON Resources's Debt-to-Asset for the quarter that ended in Sep. 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
	=	(14.743	+	28.84)	/	103.179
	=	0.42

EON Resources (AMEX:EONR) 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.

EON Resources Debt-to-Asset Related Terms

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EON Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EON Resources Inc (AMEX:EONR) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

3730 Kirby Drive, Suite 1200, Houston, TX, USA, 77098

Website

http://www.eon-r.com

EON Resources Inc is an independent upstream energy company focused on maximizing total returns to its shareholders through the development of onshore oil and natural gas properties in the United States. Its current focus is as an upstream energy company producing oil and gas properties in the Permian Basin.

Executives

Salvucci Joseph V Jr	director	583 EPSILON DRIVE, PITTSBURGH PA 15238
Salvucci Joseph V Sr	director	583 EPSILON DRIVE, PITTSBURGH PA 15238
Donald Goree	director, officer: Chief Executive Officer	101 NE 3RD AVENUE, SUITE 1220, FORT LAUDERDALE FL 33301
Donald W Orr	director, officer: President	3730 KIRBY DRIVE, SUITE 1200, HOUSTON TX 77098