TCEC (TransCoastal) Debt-to-Asset : 0.76 (As of Jun. 2015)

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What is TransCoastal Debt-to-Asset?

TransCoastal TCEC Debt-to-Asset is 0.76 as of Jun. 2015.

TransCoastal's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was $17.44 Mil. TransCoastal's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was $1.47 Mil. TransCoastal's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2015 was $24.96 Mil. TransCoastal's debt to asset for the quarter that ended in Jun. 2015 was 0.76.

TransCoastal  (OTCPK:TCEC) 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.

TransCoastal Debt-to-Asset Related Terms

TransCoastal Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for TransCoastal'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.

TransCoastal Debt-to-Asset Chart

TransCoastal Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.96 3.18 0.64 0.68 0.68

TransCoastal Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 0.69 0.69 0.68 0.69 0.76

TCEC vs UNGS, FPPP, GBEYF: Debt-to-Asset Comparison

For the Oil & Gas E&P subindustry, TransCoastal'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.

TransCoastal Debt-to-Asset vs Oil & Gas Industry

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

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


TransCoastal Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

TransCoastal'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
=(15.829 + 1.477) / 25.425
=0.68

TransCoastal's Debt-to-Asset for the quarter that ended in Jun. 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
=(17.438 + 1.474) / 24.96
=0.76

* 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 0.76 mean?
TransCoastal (TCEC) has a Debt-to-Asset of 0.76 as of Jun. 2015. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on TransCoastal and its competitors.
Is TransCoastal's Debt-to-Asset too high?
TransCoastal's current Debt-to-Asset is 0.76.
How does TransCoastal's Debt-to-Asset compare to UNGS and FPPP?
TransCoastal's Debt-to-Asset of 0.76 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 TransCoastal and its competitors. TransCoastal's current Debt-to-Asset is 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TransCoastal stock overvalued right now?
TransCoastal (TCEC) has a current Debt-to-Asset of 0.76. The current Debt-to-Asset is 0.76. 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 TransCoastal (TCEC), the current Debt-to-Asset is 0.76 as of Jun. 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.

TransCoastal Business Description

Industry EnergyOil & Gas
Address 4975 Voyager Drive, Dallas, TX, USA, 75237
TransCoastal Corp is an oil and gas exploration and production company. It is engaged in the development of oil and gas reserves in the state of Texas. The company has acquired or divested over 100 wells in Texas and has over 200 undeveloped locations on over 6000 acres of leased oil and gas property located primarily in the panhandle area of west Texas.