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Ithaca Energy (CHIX:ITHL) Liabilities-to-Assets : 0.63 (As of Dec. 2024)


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What is Ithaca Energy Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Ithaca Energy's Total Liabilities for the quarter that ended in Dec. 2024 was £4,141 Mil. Ithaca Energy's Total Assets for the quarter that ended in Dec. 2024 was £6,546 Mil. Therefore, Ithaca Energy's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 0.63.


Ithaca Energy Liabilities-to-Assets Historical Data

The historical data trend for Ithaca Energy's Liabilities-to-Assets 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.

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Ithaca Energy Liabilities-to-Assets Chart

Ithaca Energy Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Liabilities-to-Assets
Get a 7-Day Free Trial 0.87 0.86 0.64 0.60 0.63

Ithaca Energy Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Liabilities-to-Assets 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 0.60 0.60 0.61 0.64 0.63

Competitive Comparison of Ithaca Energy's Liabilities-to-Assets

For the Oil & Gas E&P subindustry, Ithaca Energy's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Ithaca Energy's Liabilities-to-Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ithaca Energy's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Ithaca Energy's Liabilities-to-Assets falls into.


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Ithaca Energy Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Ithaca Energy's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Liabilities-to-Assets (A: Dec. 2024 )=Total Liabilities/Total Assets
=4140.576/6545.514
=0.63

Ithaca Energy's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 is calculated as

Liabilities-to-Assets (Q: Dec. 2024 )=Total Liabilities/Total Assets
=4140.576/6545.514
=0.63

* 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.


Ithaca Energy  (CHIX:ITHl) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Ithaca Energy Liabilities-to-Assets Related Terms

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Ithaca Energy Business Description

Traded in Other Exchanges
Address
33 Cavendish Square, London, GBR, W1G 0PP
Ithaca Energy PLC is engaged in the production and development of oil and gas properties. The company's assets are located in the Northern and Central North Sea, West of Shetland, and Moray Firth areas of the UK Continental Shelf. It generates the majority of its revenue from Oil sales.

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