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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. PetroChina Co's Total Liabilities for the quarter that ended in Mar. 2026 was €150,956 Mil. PetroChina Co's Total Assets for the quarter that ended in Mar. 2026 was €381,356 Mil.
Therefore, PetroChina Co's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 was 0.40.
PetroChina Co (FRA:PC6) 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.
PetroChina Co Liabilities-to-Assets Related Terms
PetroChina Co Liabilities-to-Assets Historical Data
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The historical data trend for PetroChina Co'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.
FRA:PC6 vs XOM, CVX: Liabilities-to-Assets Comparison
For the Oil & Gas Integrated subindustry, PetroChina Co'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.
PetroChina Co Liabilities-to-Assets vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PetroChina Co's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where PetroChina Co's Liabilities-to-Assets falls into.
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.
PetroChina Co's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2025 is calculated as:
* 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.
PetroChina Co (FRA:PC6) has a Liabilities-to-Assets of 0.40 as of Mar. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on PetroChina Co and its competitors.
Is PetroChina Co's Liabilities-to-Assets too high?
PetroChina Co's current Liabilities-to-Assets is 0.40. Overall, PetroChina Co has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PetroChina Co's Liabilities-to-Assets compare to XOM and CVX?
PetroChina Co's Liabilities-to-Assets of 0.40 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 Liabilities-to-Assets for an Oil & Gas company?
A good Liabilities-to-Assets depends on the Oil & Gas industry context. However, Liabilities-to-Assets 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 Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on PetroChina Co and its competitors. PetroChina Co's current Liabilities-to-Assets is 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PetroChina Co stock overvalued right now?
Based on GuruFocus' analysis, PetroChina Co (FRA:PC6) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.82, compared to a current price of €1.07 — trading 30.2% above its estimated fair value. The current Liabilities-to-Assets is 0.40. PetroChina Co's overall GF Score™ is 70/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For PetroChina Co (FRA:PC6), the current Liabilities-to-Assets is 0.40 as of Mar. 2026. 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.
Is PetroChina Co (FRA:PC6) Overvalued in 2026?
Based on GuruFocus' analysis, PetroChina Co stock appears to be overvalued.
The current stock price of €1.07 is trading 30.2% above its estimated GF Value™ of €0.82.
GuruFocus considers PetroChina Co to be Modestly Overvalued.
Key valuation signals for FRA:PC6:
Liabilities-to-Assets: 0.40
GF Value™: €0.82 vs. price of €1.07 (30.2% above fair value)
No single metric tells the full story. See the FRA:PC6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PetroChina, the national champion that inherited the majority of Chinese onshore oil and gas assets, has developed into an international supermajor. In 2025, it produced more than 1.8 billion barrels of oil equivalent of oil and gas, and processed 1.4 billion barrels of crude oil. It also has more than 22,000 service stations. The fluctuations in the prices of crude oil, refined products, chemical products, and natural gas have a significant impact on PetroChina's revenue. State-owned China National Petroleum Corp is PetroChina's controlling shareholder with a stake of more than 82%.
70GF Score
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