GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Hugoton Royalty Trust (OTCPK:HGTXU) » Definitions » Liabilities-to-Assets

HGTXU (Hugoton Royalty Trust) Liabilities-to-Assets : 1.00 (As of Sep. 2024)


View and export this data going back to 1999. Start your Free Trial

What is Hugoton Royalty Trust 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. Hugoton Royalty Trust's Total Liabilities for the quarter that ended in Sep. 2024 was $0.34 Mil. Hugoton Royalty Trust's Total Assets for the quarter that ended in Sep. 2024 was $0.34 Mil. Therefore, Hugoton Royalty Trust's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 1.00.


Hugoton Royalty Trust Liabilities-to-Assets Historical Data

The historical data trend for Hugoton Royalty Trust'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.

* Premium members only.

Hugoton Royalty Trust Liabilities-to-Assets Chart

Hugoton Royalty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 - 2.85 1.00 1.00

Hugoton Royalty Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 1.00 1.00 1.00 1.00

Competitive Comparison of Hugoton Royalty Trust's Liabilities-to-Assets

For the Oil & Gas E&P subindustry, Hugoton Royalty Trust'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.


Hugoton Royalty Trust's Liabilities-to-Assets Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Hugoton Royalty Trust's Liabilities-to-Assets falls into.


;
;

Hugoton Royalty Trust 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.

Hugoton Royalty Trust's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=0.344/0.344
=1.00

Hugoton Royalty Trust'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
=0.341/0.341
=1.00

* 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.


Hugoton Royalty Trust  (OTCPK:HGTXU) 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.


Hugoton Royalty Trust Liabilities-to-Assets Related Terms

Thank you for viewing the detailed overview of Hugoton Royalty Trust's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Hugoton Royalty Trust Business Description

Traded in Other Exchanges
N/A
Address
c/o Corporate Trustee, Argent Trust Company, 3838 Oak Lawn Avenue, Suite 1720, Dallas, TX, USA, 75219
Hugoton Royalty Trust holds net profits interests in oil and gas properties. The underlying properties of the trust include gas-producing properties in the Hugoton area of Oklahoma and Kansas, the Anadarko Basin of Oklahoma, and the Green River Basin of Wyoming. The net profit interests entitle the trust to receive majority of the net proceeds from the sale of oil and gas from the underlying properties.
Executives
Gary D. Simpson officer: Sr VP Investor Rel & Finance, other: Advisory Dir - XTO Energy Inc. 810 HOUSTON STREET, FORT WORTH TX 76102
Keith A Hutton director, officer: President of XTO Energy Inc. C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Jack P Randall director, other: Director of XTO Energy Inc.
Adams William H Iii director, other: Director of XTO Energy Inc. C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Bennie G Kniffen other: Sr. VP and Controller XTO
Louis G Baldwin other: EVP-CFO of XTO Energy Inc.
Lane G Collins other: Director of XTO Energy Inc.
Herbert D Simons other: Director of XTO Energy Inc.
Timothy L Petrus other: Exec VP - XTO Energy Inc. 810 HOUSTON STREET, FORT WORTH TX 76102
Phillip R Kevil other: Director-XTO Energy Inc. C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102
Scott G Sherman other: Director of XTO Energy Inc.
Vennerberg Vaughn O Ii officer: Exec. VP-Admin. XTO Energy
Bob R Simpson officer: Dir., CEO & Chair XTO Energy C/O MORNINGSTAR PARTNERS, L.P., 400 WEST 7TH STREET, FORT WORTH TX 76102

Hugoton Royalty Trust Headlines