SPRN (Supernova Energy) Debt-to-Asset : 2.03 (As of Sep. 2015)

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What is Supernova Energy Debt-to-Asset?

Supernova Energy SPRN -99.50% Debt-to-Asset is 2.03 as of Sep. 2015.

Supernova Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $0.31 Mil. Supernova Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2015 was $0.00 Mil. Supernova Energy's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2015 was $0.15 Mil. Supernova Energy's debt to asset for the quarter that ended in Sep. 2015 was 2.03.

Supernova Energy  (OTCPK:SPRN) 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.

Supernova Energy Debt-to-Asset Related Terms

Supernova Energy Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Supernova 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.

Supernova Energy Debt-to-Asset Chart

Supernova Energy Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14
Debt-to-Asset
0.00 0.03 0.11 0.01 0.04

Supernova Energy Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.01 0.04 0.43 0.56 2.03

SPRN vs HDYNQ, OOIL, EUENF: Debt-to-Asset Comparison

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

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

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

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


Supernova Energy Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Supernova Energy's Debt-to-Asset for the fiscal year that ended in Dec. 2014 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.02 + 0) / 0.474
=0.04

Supernova Energy's Debt-to-Asset for the quarter that ended in Sep. 2015 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.313 + 0) / 0.154
=2.03

* 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 2.03 mean?
Supernova Energy (SPRN) has a Debt-to-Asset of 2.03 as of Sep. 2015. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Supernova Energy and its competitors.
Is Supernova Energy's Debt-to-Asset too high?
Supernova Energy's current Debt-to-Asset is 2.03.
How does Supernova Energy's Debt-to-Asset compare to HDYNQ and OOIL?
Supernova Energy's Debt-to-Asset of 2.03 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 Supernova Energy and its competitors. Supernova Energy's current Debt-to-Asset is 2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Supernova Energy stock overvalued right now?
Supernova Energy (SPRN) has a current Debt-to-Asset of 2.03. The current Debt-to-Asset is 2.03. 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 Supernova Energy (SPRN), the current Debt-to-Asset is 2.03 as of Sep. 2015. 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.

Supernova Energy Business Description

Industry EnergyOil & Gas
Address 265 Sunrise Highway, Suite 1-276, Rockville Centre, NY, USA, 11570
Supernova Energy Inc is a United States-based oil and gas exploration and production company. The company provides wellbore completion and re-completion services for small, independent operators with existing oil and gas production. Its consulting services include completion, recompletion, workover, well engineering services, project management, and turnkey solutions.