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QEP Resources (STU:Q8Q) Debt-to-Asset : 0.32 (As of Dec. 2020)


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What is QEP Resources Debt-to-Asset?

QEP Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was €19.6 Mil. QEP Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was €1,333.8 Mil. QEP Resources's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2020 was €4,203.9 Mil. QEP Resources's debt to asset for the quarter that ended in Dec. 2020 was 0.32.


QEP Resources Debt-to-Asset Historical Data

The historical data trend for QEP Resources'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.

* Premium members only.

QEP Resources Debt-to-Asset Chart

QEP Resources Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.30 0.41 0.38 0.32

QEP Resources Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 0.38 0.34 0.35 0.32 0.32

Competitive Comparison of QEP Resources's Debt-to-Asset

For the Oil & Gas E&P subindustry, QEP Resources'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.


QEP Resources's Debt-to-Asset Distribution in the Oil & Gas Industry

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

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



QEP Resources Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

QEP Resources's Debt-to-Asset for the fiscal year that ended in Dec. 2020 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(19.564 + 1333.777) / 4203.872
=0.32

QEP Resources's Debt-to-Asset for the quarter that ended in Dec. 2020 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(19.564 + 1333.777) / 4203.872
=0.32

* 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.


QEP Resources  (STU:Q8Q) 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.


QEP Resources Debt-to-Asset Related Terms

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QEP Resources (STU:Q8Q) Business Description

Traded in Other Exchanges
N/A
Address
1050 17th Street, Suite 800, Denver, CO, USA, 80265
QEP Resources Inc. is a crude oil and natural gas exploration and production company that focuses on resources in the United States. QEP's reserves are located in two main areas: the Southern Region, primarily Texas; and the Northern Region, primarily North Dakota. The company sells its oil, condensate, and natural gas liquid (NGL) production to gas-marketing firms, crude-oil refiners, midstream service providers, and other companies. QEP also sells gas volumes to industrial users, utility companies, wholesale marketers, and local distributors.

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