RZREF (Razor Energy) Debt-to-Asset : 0.15 (As of Sep. 2023)

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RZREF Razor Energy Corp RZREF
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What is Razor Energy Debt-to-Asset?

Razor Energy RZREF -99.00% 12 Debt-to-Asset is 0.15 as of Sep. 2023. GuruFocus rates RZREF with a GF Score™ of 12/100.

Razor Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $16.58 Mil. Razor Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1.30 Mil. Razor Energy's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was $122.93 Mil. Razor Energy's debt to asset for the quarter that ended in Sep. 2023 was 0.15.


Razor Energy  (OTCPK:RZREF) 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.


Razor Energy Debt-to-Asset Related Terms


Razor Energy Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Razor 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.

Razor Energy Debt-to-Asset Chart

Razor Energy 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 0.30 0.26 0.33 0.31 0.47

Razor Energy Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.44 0.47 0.49 0.14 0.15

RZREF vs COP, EOG, PXD: Debt-to-Asset Comparison

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


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

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

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


RZREF
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Razor Energy Corp RZREF
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Razor Energy Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Razor Energy'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
=(67.055 + 1.948) / 147.781
=0.47

Razor Energy's Debt-to-Asset for the quarter that ended in Sep. 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
=(16.581 + 1.304) / 122.927
=0.15

* 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 0.15 mean?
Razor Energy (RZREF) has a Debt-to-Asset of 0.15 as of Sep. 2023. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Razor Energy and its competitors.
Is Razor Energy's Debt-to-Asset too high?
Razor Energy's current Debt-to-Asset is 0.15. Overall, Razor Energy has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Razor Energy's Debt-to-Asset compare to COP and EOG?
Razor Energy's Debt-to-Asset of 0.15 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 Razor Energy and its competitors. Razor Energy's current Debt-to-Asset is 0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Razor Energy stock overvalued right now?
Razor Energy (RZREF) has a current Debt-to-Asset of 0.15. The current Debt-to-Asset is 0.15. Razor Energy's overall GF Score™ is 12/100. 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 Razor Energy (RZREF), the current Debt-to-Asset is 0.15 as of Sep. 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.

Razor Energy Business Description

Industry EnergyOil & Gas
Address 500-5th Avenue SW, Suite 800, Calgary, AB, CAN, T2P 3L5
Razor Energy Corp is a junior oil and gas development and production company. The company is focused on the acquisition and production of oil and gas properties in Alberta. It is involved in the production and development of light oil in Swan Hills Beaverhill Lake and Kaybob Triassic Montney formations.
12GF Score

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