Panoro Energy ASA (Panoro Energy ASA) Debt-to-Asset

: 0.11 (As of Sep. 2023)

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Panoro Energy ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $25.9 Mil. Panoro Energy ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $43.4 Mil. Panoro Energy ASA's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2023 was $631.9 Mil. Panoro Energy ASA's debt to asset for the quarter that ended in Sep. 2023 was 0.11.

Panoro Energy ASA Debt-to-Asset Historical Data

The historical data trend for Panoro Energy ASA'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.

Panoro Energy ASA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Asset

0.23

0.16

0.14

0.17

0.15

Panoro Energy ASA Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Asset																0.15	0.15	0.12	0.13	0.11

Competitive Comparison

For the Oil & Gas E&P subindustry, Panoro Energy ASA'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.

Panoro Energy ASA Debt-to-Asset Distribution

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

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

Panoro Energy ASA Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Panoro Energy ASA's Debt-to-Asset for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(21.129	+	58.382)	/	539.345
	=	0.15

Panoro Energy ASA's Debt-to-Asset for the quarter that ended in Sep. 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
	=	(25.936	+	43.355)	/	631.863
	=	0.11

Panoro Energy ASA (OTCPK:PESAF) 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.

Panoro Energy ASA Debt-to-Asset Related Terms

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Panoro Energy ASA (Panoro Energy ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Panoro Energy ASA (OTCPK:PESAF) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

PENO:Sweden PEN:Norway 1PZ:Germany 1PZ:Germany

Address

c/o Advokatfirma Schjodt AS, Tordenskiolds gate 12, P.O. Box 2444, Solli, Oslo, NOR, 0201

Website

https://www.panoroenergy.com

Panoro Energy ASA is a Norway based exploration and production company principally engaged in the exploration of oil and gas. The Group has four reportable segments by geographic locations in Equatorial Guinea, Gabon, Tunisia and South Africa.

Panoro Energy ASA (Panoro Energy ASA) Headlines

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