XBOR (Cross Border Resources) Debt-to-Asset : 0.23 (As of Mar. 2015)

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What is Cross Border Resources Debt-to-Asset?

Cross Border Resources XBOR Debt-to-Asset is 0.23 as of Mar. 2015.

Cross Border Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2015 was $8.20 Mil. Cross Border Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2015 was $0.00 Mil. Cross Border Resources's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2015 was $35.06 Mil. Cross Border Resources's debt to asset for the quarter that ended in Mar. 2015 was 0.23.

Cross Border Resources  (OTCPK:XBOR) 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.

Cross Border Resources Debt-to-Asset Related Terms

Cross Border Resources Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Cross Border Resources'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.

Cross Border Resources Debt-to-Asset Chart

Cross Border Resources Annual Data
Trend Jul06 Jul07 Jul08 Jul09 Jul10 Dec11 Dec12 Dec13 Dec14
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.54 0.25 0.26 0.31 0.25

Cross Border Resources Quarterly Data
Apr10 Jul10 Oct10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 0.31 0.24 0.27 0.25 0.23

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

For the Oil & Gas E&P subindustry, Cross Border Resources'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.

Cross Border Resources Debt-to-Asset vs Oil & Gas Industry

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

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


Cross Border Resources Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Cross Border Resources'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
=(8.2 + 0) / 33.29
=0.25

Cross Border Resources's Debt-to-Asset for the quarter that ended in Mar. 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
=(8.2 + 0) / 35.064
=0.23

* 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 0.23 mean?
Cross Border Resources (XBOR) has a Debt-to-Asset of 0.23 as of Mar. 2015. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Cross Border Resources and its competitors.
Is Cross Border Resources' Debt-to-Asset too high?
Cross Border Resources' current Debt-to-Asset is 0.23.
How does Cross Border Resources' Debt-to-Asset compare to FPPP and UNGS?
Cross Border Resources' Debt-to-Asset of 0.23 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 Cross Border Resources and its competitors. Cross Border Resources's current Debt-to-Asset is 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cross Border Resources stock overvalued right now?
Cross Border Resources (XBOR) has a current Debt-to-Asset of 0.23. The current Debt-to-Asset is 0.23. 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 Cross Border Resources (XBOR), the current Debt-to-Asset is 0.23 as of Mar. 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.

Cross Border Resources Business Description

Industry EnergyOil & Gas
Address 2515 McKinney Avenue, Suite 900, Dallas, TX, USA, 75201
Cross Border Resources Inc is an oil and gas exploration company. The company is engaged in the acquisition, operation, exploration, and development of oil and gas properties and prospects.