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TTLHF (Altura Energy) Debt-to-Asset : 0.83 (As of Dec. 2024)


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What is Altura Energy Debt-to-Asset?

Altura Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.33 Mil. Altura Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.41 Mil. Altura Energy's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was $0.89 Mil. Altura Energy's debt to asset for the quarter that ended in Dec. 2024 was 0.83.

Altura Energy Debt-to-Asset Historical Data

The historical data trend for Altura 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.

* Premium members only.

Altura Energy Debt-to-Asset Chart

Altura Energy Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Asset
- 6.00 - - 0.06

Altura Energy Quarterly Data
Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.05 0.06 0.06 0.04 0.83

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

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

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

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

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


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Altura Energy Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Altura Energy's Debt-to-Asset for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.351 + 0.402) / 12.238
=0.06

Altura Energy's Debt-to-Asset for the quarter that ended in Dec. 2024 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.333 + 0.405) / 0.894
=0.83

* 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.

Altura Energy  (OTCPK:TTLHF) 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.

Altura Energy Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Altura Energy's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Altura Energy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Altura Energy Corp (OTCPK:TTLHF) » Definitions » Debt-to-Asset
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Traded in Other Exchanges
ALTU:Canada
Address
595 Burrard Street, P.O. Box 49139, Suite 3123, Vancouver, BC, CAN, V7X 1J1
Website
https://www.alturaenergy.ca
Altura Energy Corp, formerly Total Helium Ltd is engaged in exploring its helium properties. The company holds helium leases over land in Kansas and Colorado in the United States. The company generates revenue from helium and methane gas sales from the Helisium Project and Pinta South Project. helium exploration, production and storage solutions.