HighPeak Energy (HighPeak Energy) Debt-to-Asset : 0.37 (As of Mar. 2024)

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What is HighPeak Energy Debt-to-Asset?

HighPeak Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $120.40 Mil. HighPeak Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,004.80 Mil. HighPeak Energy's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $3,054.69 Mil. HighPeak Energy's debt to asset for the quarter that ended in Mar. 2024 was 0.37.

HighPeak Energy Debt-to-Asset Historical Data

The historical data trend for HighPeak 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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HighPeak Energy Debt-to-Asset Chart

HighPeak Energy Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

0.12

0.31

0.37

HighPeak Energy Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial														0.33	0.35	0.38	0.37	0.37

Competitive Comparison of HighPeak Energy's Debt-to-Asset

For the Oil & Gas E&P subindustry, HighPeak 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.

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

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

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

HighPeak Energy Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

HighPeak Energy'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
	=	(120.528	+	1030.299)	/	3080.791
	=	0.37

HighPeak Energy's Debt-to-Asset for the quarter that ended in Mar. 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
	=	(120.4	+	1004.798)	/	3054.692
	=	0.37

HighPeak Energy (NAS:HPKEW) 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.

HighPeak Energy Debt-to-Asset Related Terms

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HighPeak Energy (HighPeak Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » HighPeak Energy Inc (NAS:HPKEW) » Definitions » Debt-to-Asset

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Traded in Other Exchanges

HPK:USA

Address

421 W. 3rd Street, Suite 1000, Fort Worth, TX, USA, 76102

Website

https://www.highpeakenergy.com

HighPeak Energy Inc is an independent oil and natural gas company focused on the development of unconventional oil and natural gas reserves in primarily Howard County of the Midland Basin. The company operates in a single segment, which is oil and natural gas development, exploration, and production.