LNG Energy Group (FRA:E26) Liabilities-to-Assets : 0.85 (As of Sep. 2024)

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What is LNG Energy Group 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. LNG Energy Group's Total Liabilities for the quarter that ended in Sep. 2024 was €155.57 Mil. LNG Energy Group's Total Assets for the quarter that ended in Sep. 2024 was €183.14 Mil. Therefore, LNG Energy Group's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.85.

LNG Energy Group Liabilities-to-Assets Historical Data

The historical data trend for LNG Energy Group'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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LNG Energy Group Liabilities-to-Assets Chart

LNG Energy Group Annual Data

Trend

May22

May23

Liabilities-to-Assets

0.21

0.03

LNG Energy Group Quarterly Data
	May22	Aug22	Dec22	Mar23	Jul23	Dec23	Mar24	Sep24
Liabilities-to-Assets	Get a 7-Day Free Trial			0.30	0.01	0.82	0.84	0.85

Competitive Comparison of LNG Energy Group's Liabilities-to-Assets

For the Oil & Gas E&P subindustry, LNG Energy Group'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.

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

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

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

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LNG Energy Group 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.

LNG Energy Group's Liabilities-to-Assets Ratio for the fiscal year that ended in May. 2023 is calculated as:

Liabilities-to-Assets (A: May. 2023 )	=	Total Liabilities	/	Total Assets
	=	0.173	/	5.135
	=	0.03

LNG Energy Group's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )	=	Total Liabilities	/	Total Assets
	=	155.572	/	183.137
	=	0.85

LNG Energy Group (FRA:E26) 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.

LNG Energy Group Liabilities-to-Assets Related Terms

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LNG Energy Group Business Description

Industry

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LNGE:Canada

Address

40 Temperance Street, Suite 3200, Bay Adelaide Centre - North Tower, Toronto, ON, CAN, M5H 0B4

Website

https://www.lngenergygroup.com

LNG Energy Group Corp is a production, exploration and development company focused on natural gas projects in South America. LNG Energy has entered into a binding agreement with respect to the purchase of 100% of LEC and will own and operate the SSJN-1 Block, the SSJN-3-1 Block, the Perdices Block, the VIM-41 Block, and the VIM-42 Block. The company's business objective is to build a diversified energy company in South America and is currently focused on Colombia.

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