UNRG (United Energy) Debt-to-Asset : 0.04 (As of Dec. 2010)

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What is United Energy Debt-to-Asset?

United Energy UNRG -7.44% Debt-to-Asset is 0.04 as of Dec. 2010.

United Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2010 was $0.03 Mil. United Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2010 was $0.00 Mil. United Energy's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2010 was $0.73 Mil. United Energy's debt to asset for the quarter that ended in Dec. 2010 was 0.04.

United Energy  (OTCPK:UNRG) 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.

United Energy Debt-to-Asset Related Terms

United Energy Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for United 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.

United Energy Debt-to-Asset Chart

United Energy Annual Data
Trend Mar01 Mar02 Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.04 0.03

United Energy Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 0.03 0.03 0.03 0.03 0.04

UNRG vs GLYE: Debt-to-Asset Comparison

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

United Energy Debt-to-Asset vs Oil & Gas Industry

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

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


United Energy Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

United Energy's Debt-to-Asset for the fiscal year that ended in Mar. 2010 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.03 + 0) / 1.12
=0.03

United Energy's Debt-to-Asset for the quarter that ended in Dec. 2010 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.03 + 0) / 0.731
=0.04

* 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 0.04 mean?
United Energy (UNRG) has a Debt-to-Asset of 0.04 as of Dec. 2010. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on United Energy and its competitors.
Is United Energy's Debt-to-Asset too high?
United Energy's current Debt-to-Asset is 0.04.
How does United Energy's Debt-to-Asset compare to GLYE?
United Energy's Debt-to-Asset of 0.04 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 United Energy and its competitors. United Energy's current Debt-to-Asset is 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Energy stock overvalued right now?
United Energy (UNRG) has a current Debt-to-Asset of 0.04. The current Debt-to-Asset is 0.04. 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 United Energy (UNRG), the current Debt-to-Asset is 0.04 as of Dec. 2010. 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.

United Energy Business Description

Industry EnergyOil & Gas
Address 101 East Park Boulevard, 6th Floor, Suite 600, Plano, TX, USA, 75074
United Energy Corp is engaged in the exploration and production of oil and natural gas properties. The company's holdings include assets and operations in Texas, Oklahoma, Kansas, and Louisiana. It owns or has operations in over 200,000 acres of leasehold properties, 2,000 wells, and 1,100 miles of natural gas pipelines.