FTXP (Foothills Exploration) Debt-to-Asset : 10.37 (As of Jun. 2023)

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What is Foothills Exploration Debt-to-Asset?

Foothills Exploration FTXP -99.00% Debt-to-Asset is 10.37 as of Jun. 2023.

Foothills Exploration's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $14.17 Mil. Foothills Exploration's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.00 Mil. Foothills Exploration's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2023 was $1.37 Mil. Foothills Exploration's debt to asset for the quarter that ended in Jun. 2023 was 10.37.

Foothills Exploration  (OTCPK:FTXP) 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.

Foothills Exploration Debt-to-Asset Related Terms

Foothills Exploration Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Foothills Exploration'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.

Foothills Exploration Debt-to-Asset Chart

Foothills Exploration Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 - 1.24 10.38 12.27

Foothills Exploration Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 5.83 17.16 12.27 10.07 10.37

FTXP vs CNRR, GBR, ENRJ: Debt-to-Asset Comparison

For the Oil & Gas E&P subindustry, Foothills Exploration'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.

Foothills Exploration Debt-to-Asset vs Oil & Gas Industry

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

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


Foothills Exploration Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Foothills Exploration's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(13.468 + 0) / 1.098
=12.27

Foothills Exploration's Debt-to-Asset for the quarter 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
=(14.169 + 0) / 1.367
=10.37

* 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 10.37 mean?
Foothills Exploration (FTXP) has a Debt-to-Asset of 10.37 as of Jun. 2023. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Foothills Exploration and its competitors.
Is Foothills Exploration's Debt-to-Asset too high?
Foothills Exploration's current Debt-to-Asset is 10.37.
How does Foothills Exploration's Debt-to-Asset compare to CNRR and GBR?
Foothills Exploration's Debt-to-Asset of 10.37 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 Foothills Exploration and its competitors. Foothills Exploration's current Debt-to-Asset is 10.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Foothills Exploration stock overvalued right now?
Foothills Exploration (FTXP) has a current Debt-to-Asset of 10.37. The current Debt-to-Asset is 10.37. 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 Foothills Exploration (FTXP), the current Debt-to-Asset is 10.37 as of Jun. 2023. 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.

Foothills Exploration Business Description

Industry EnergyOil & Gas
Address 2660 Townsgate Road, Suite 800, Westlake Village, CA, USA, 91361
Foothills Exploration Inc is an independent oil and gas exploration and production company. It engages in the acquisition and development of oil and natural gas properties. The firm is actively focused on acquiring producing and developmental properties in the Rockies and Gulf Coast regions. Its projects include Wind River Basin, Stagecoach Project, and Altamont-Bluebell Project.