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Europa Oil & Gas (Holdings) (LSE:EOG) Liabilities-to-Assets : 0.61 (As of Jul. 2024)


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What is Europa Oil & Gas (Holdings) 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. Europa Oil & Gas (Holdings)'s Total Liabilities for the quarter that ended in Jul. 2024 was £6.00 Mil. Europa Oil & Gas (Holdings)'s Total Assets for the quarter that ended in Jul. 2024 was £9.78 Mil. Therefore, Europa Oil & Gas (Holdings)'s Liabilities-to-Assets Ratio for the quarter that ended in Jul. 2024 was 0.61.


Europa Oil & Gas (Holdings) Liabilities-to-Assets Historical Data

The historical data trend for Europa Oil & Gas (Holdings)'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.

Europa Oil & Gas (Holdings) Liabilities-to-Assets Chart

Europa Oil & Gas (Holdings) Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.61 0.34 0.33 0.61

Europa Oil & Gas (Holdings) Semi-Annual Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
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 0.34 0.37 0.33 0.45 0.61

Competitive Comparison of Europa Oil & Gas (Holdings)'s Liabilities-to-Assets

For the Oil & Gas E&P subindustry, Europa Oil & Gas (Holdings)'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.


Europa Oil & Gas (Holdings)'s Liabilities-to-Assets Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Europa Oil & Gas (Holdings)'s Liabilities-to-Assets falls into.



Europa Oil & Gas (Holdings) 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.

Europa Oil & Gas (Holdings)'s Liabilities-to-Assets Ratio for the fiscal year that ended in Jul. 2024 is calculated as:

Liabilities-to-Assets (A: Jul. 2024 )=Total Liabilities/Total Assets
=6/9.779
=0.61

Europa Oil & Gas (Holdings)'s Liabilities-to-Assets Ratio for the quarter that ended in Jul. 2024 is calculated as

Liabilities-to-Assets (Q: Jul. 2024 )=Total Liabilities/Total Assets
=6/9.779
=0.61

* 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.


Europa Oil & Gas (Holdings)  (LSE:EOG) 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.


Europa Oil & Gas (Holdings) Liabilities-to-Assets Related Terms

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Europa Oil & Gas (Holdings) Business Description

Traded in Other Exchanges
Address
30 Newman Street, London, GBR, W1T 1PT
Europa Oil & Gas (Holdings) PLC is an oil and gas exploration, development, and production company. It is focused on developing a balanced portfolio of assets in the North Sea, Atlantic Ireland, and West Africa, supported by revenue from onshore oil production in the United Kingdom. The company holds interests in the Broughton North prospect, West Firsby and Crosby Warren fields, Wressle-1 well, and Whisby W4 well. In the Irish Atlantic region, it considers the Inishkea prospect in the Slyne basin and near the Corrib gasfield as its flagship project in Ireland. The company has also acquired interest in the Block EG-08 offshore in the Douala Basin of Equatorial Guinea. Its reportable segments are the United Kingdom which derives key revenue, Ireland, and West Africa.