GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EQT Corp (NYSE:EQT) » Definitions » Debt-to-Asset

EQT (EQT) Debt-to-Asset : 0.24 (As of Dec. 2024)


View and export this data going back to 1950. Start your Free Trial

What is EQT Debt-to-Asset?

EQT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $363 Mil. EQT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $9,003 Mil. EQT's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was $39,830 Mil. EQT's debt to asset for the quarter that ended in Dec. 2024 was 0.24.


EQT Debt-to-Asset Historical Data

The historical data trend for EQT'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.

* Premium members only.

EQT Debt-to-Asset Chart

EQT 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 0.27 0.26 0.25 0.23 0.24

EQT Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.23 0.22 0.20 0.35 0.24

Competitive Comparison of EQT's Debt-to-Asset

For the Oil & Gas E&P subindustry, EQT'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.


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

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

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


;
;

EQT Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

EQT'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
=(362.678 + 9003.377) / 39830.255
=0.24

EQT's Debt-to-Asset for the quarter 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
=(362.678 + 9003.377) / 39830.255
=0.24

* 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.


EQT  (NYSE:EQT) 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.


EQT Debt-to-Asset Related Terms

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


EQT Business Description

Traded in Other Exchanges
Address
625 Liberty Avenue, Suite 1700, Pittsburgh, PA, USA, 15222
EQT is an independent natural gas production company. It focuses its operations in the cores of the Marcellus and Utica shales, located in the Appalachian Basin in the Eastern United States. Its main customers include marketers, utilities, and industrial operators in the Appalachian Basin. The company has three reportable segments in production, gathering, and the transmission segment, which is now an operated joint venture with Blackstone. All the firm's operating revenue is generated in the US, with most revenue flowing from the Marcellus Shale field and through the sale of natural gas.
Executives
Thomas F Karam director C/O SOUTHERN UNION CO, ONE PEI CENTER, WILKES BARRE PA 18711-0601
William E. Jordan officer: EVP and General Counsel 400 WOODCLIFF DRIVE, CANONSBURG PA 15317
Lesley Evancho officer: Chief Human Resources Officer 625 LIBERTY AVENUE, SUITE 1700, PITTSBURGH PA 15222
Qem Vi, Llc 10 percent owner 800 CAPITAL STREET, SUITE 3600, HOUSTON TX 77002
Vanloh S Wil Jr 10 percent owner 1401 MCKINNEY STREET, SUITE 2700, HOUSTON TX 77010
Q-xcl Holdings I (vi) Investment Partners, Llc 10 percent owner 800 CAPITOL STREET, SUITE 3600, HOUSTON TX 77002
Q-th Appalachia (vi) Investment Partners, Llc 10 percent owner 800 CAPITOL STREET, SUITE 3600, HOUSTON TX 77002
U.s. Bank Trust Company, National Association 10 percent owner 111 SW FIFTH AVENUE, PORTLAND OR 97204
Jeremy Knop officer: CHIEF FINANCIAL OFFICER 625 LIBERTY AVENUE, SUITE 1700, PITTSBURGH PA 15222
Todd James officer: Chief Accounting Officer 625 LIBERTY AVENUE, SUITE 1700, PITTSBURGH PA 15222
Kathryn Jean Jackson director 121 SW SALMON STREET, PORTLAND OR 97204
Frank C. Hu director 625 LIBERTY AVE., SUITE 1700, PITTSBURGH PA 15222
David M. Khani officer: Chief Financial Officer 625 LIBERTY AVE., SUITE 1700, PITTSBURGH PA 15222
Toby Z. Rice director, officer: President & CEO 400 WOODCLIFF DRIVE, CANONSBURG PA 15317
Lydia I Beebe director 13403 NORTHWEST FREEWAY, HOUSTON TX 77040