Texhoma Energy (Texhoma Energy) Debt-to-Asset : 1.74 (As of Jun. 2008)

View and export this data going back to . Start your Free Trial

What is Texhoma Energy Debt-to-Asset?

Texhoma Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2008 was $0.30 Mil. Texhoma Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2008 was $7.93 Mil. Texhoma Energy's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2008 was $4.73 Mil. Texhoma Energy's debt to asset for the quarter that ended in Jun. 2008 was 1.74.

Texhoma Energy Debt-to-Asset Historical Data

The historical data trend for Texhoma 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.

Texhoma Energy Debt-to-Asset Chart

Texhoma Energy Annual Data

Trend

Sep01

Sep02

Sep03

Sep04

Sep05

Sep06

Sep07

Debt-to-Asset

Get a 7-Day Free Trial

6.97

1.17

1.47

Texhoma Energy Quarterly Data
	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08
Debt-to-Asset	Get a 7-Day Free Trial															1.34	1.47	1.56	1.62	1.74

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

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

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

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

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

Texhoma Energy Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Texhoma Energy's Debt-to-Asset for the fiscal year that ended in Sep. 2007 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.453	+	8.155)	/	5.87
	=	1.47

Texhoma Energy's Debt-to-Asset for the quarter that ended in Jun. 2008 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.3	+	7.932)	/	4.727
	=	1.74

Texhoma Energy (GREY:TXHE) 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.

Texhoma Energy Debt-to-Asset Related Terms

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

Texhoma Energy (Texhoma Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Texhoma Energy Inc (GREY:TXHE) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

24624 I-45 North, Suite 200, Spring, TX, USA, 77386

Website

http://www.texhomaenergy.com

Texhoma Energy Inc is an oil and gas company. It is primarily engaged in the acquisition, exploration, and development of crude oil and natural gas properties. The company holds interests in approximately five oil wells located on the Shooter 916 lease located in Ochiltree County, Texas. It also holds interests in the Tonto North 390 B No. 3 well located in Scurry County, Texas. The firm has various non-operated working interests in approximately eight wells located in Gregg and Upshur Counties, Texas.

Texhoma Energy (Texhoma Energy) Headlines

From GuruFocus

Texhoma Energy, Inc. Announces Earnings

By ACCESSWIRE AccessWire • 04-12-2019