Marksmen Energy (TSXV:MAH) Debt-to-Asset : 0.65 (As of Dec. 2023)

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What is Marksmen Energy Debt-to-Asset?

Marksmen Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$1.22 Mil. Marksmen Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.06 Mil. Marksmen Energy's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was C$1.97 Mil. Marksmen Energy's debt to asset for the quarter that ended in Dec. 2023 was 0.65.

Marksmen Energy Debt-to-Asset Historical Data

The historical data trend for Marksmen 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.

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Marksmen Energy Debt-to-Asset Chart

Marksmen Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.30

0.42

0.28

0.21

0.65

Marksmen Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial															0.21	0.21	0.22	0.22	0.65

Competitive Comparison of Marksmen Energy's Debt-to-Asset

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

Marksmen Energy's Debt-to-Asset Distribution in the Oil & Gas Industry

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

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

Marksmen Energy Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Marksmen Energy's Debt-to-Asset for the fiscal year that ended in Dec. 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
	=	(1.222	+	0.06)	/	1.966
	=	0.65

Marksmen Energy's Debt-to-Asset for the quarter that ended in Dec. 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
	=	(1.222	+	0.06)	/	1.966
	=	0.65

Marksmen Energy (TSXV:MAH) 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.

Marksmen Energy Debt-to-Asset Related Terms

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Marksmen Energy (TSXV:MAH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Marksmen Energy Inc (TSXV:MAH) » Definitions » Debt-to-Asset

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Traded in Other Exchanges

MKSEF:USA

Address

400 - 3rd Avenue S.W., Suite 500, Calgary, AB, CAN, T2P 2Z1

Website

https://marksmenenergy.com

Marksmen Energy Inc is involved in the acquisition, exploration, and development of petroleum and natural gas. The company's revenue is derived entirely through the sale of crude oil. Geographically, the group has a business presence in the United States and Canada.

Executives

Archibald Jonathon Nesbitt

Director

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