MGLG (Magellan Energy) Debt-to-Asset : 0.00 (As of . 20)

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What is Magellan Energy Debt-to-Asset?

Magellan Energy MGLG -90.00% Debt-to-Asset is 0.00 as of . 20.

Magellan Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil. Magellan Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil. Magellan Energy's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in . 20 was $0.00 Mil.

Magellan Energy  (OTCPK:MGLG) 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.

Magellan Energy Debt-to-Asset Related Terms

Magellan Energy Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Magellan 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.

Magellan Energy Debt-to-Asset Chart

Magellan Energy Annual Data
Trend
Debt-to-Asset

Magellan Energy Quarterly Data
Debt-to-Asset

MGLG vs JKXOY, BRZV, CWLXF: Debt-to-Asset Comparison

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

Magellan Energy Debt-to-Asset vs Oil & Gas Industry

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

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


Magellan Energy Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Magellan Energy's Debt-to-Asset for the fiscal year that ended in . 20 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=( + ) /
=N/A

Magellan Energy's Debt-to-Asset for the quarter that ended in . 20 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=( + ) /
=N/A

* 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?
Magellan Energy (MGLG) has a Debt-to-Asset of 0.00 as of . 20. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Magellan Energy and its competitors.
Is Magellan Energy's Debt-to-Asset too high?
Magellan Energy's current Debt-to-Asset is 0.00.
How does Magellan Energy's Debt-to-Asset compare to JKXOY and BRZV?
Magellan Energy'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 Magellan Energy and its competitors. Magellan Energy'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 Magellan Energy stock overvalued right now?
Magellan Energy (MGLG) 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 Magellan Energy (MGLG), the current Debt-to-Asset is 0.00 as of . 20. 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.

Magellan Energy Business Description

Industry EnergyOil & Gas
Address 1370 Hurontario Street, Mississauga, ON, CAN, L5G 3H4
Magellan Energy Ltd is an oil and gas exploration company. The company is engaged in the extraction and production of small to medium-sized oil and gas properties.