Sirius Petroleum (LSE:SRSP) Liabilities-to-Assets : 0.52 (As of Jun. 2018)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Sirius Petroleum Liabilities-to-Assets?

Sirius Petroleum LSE:SRSP Liabilities-to-Assets is 0.52 as of Jun. 2018. The stock has 4 warning signs investors should review.

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. Sirius Petroleum's Total Liabilities for the quarter that ended in Jun. 2018 was £8.38 Mil. Sirius Petroleum's Total Assets for the quarter that ended in Jun. 2018 was £16.19 Mil. Therefore, Sirius Petroleum's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2018 was 0.52.


Sirius Petroleum  (LSE:SRSP) 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.


Sirius Petroleum Liabilities-to-Assets Related Terms


Sirius Petroleum Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Sirius Petroleum'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.

Sirius Petroleum Liabilities-to-Assets Chart

Sirius Petroleum Annual Data
Trend Jul08 Jul09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.55 1.44 1.01 0.98 0.35

Sirius Petroleum Semi-Annual Data
Jan08 Jul08 Jan09 Jul09 Jan10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 1.02 0.98 0.78 0.35 0.52

LSE:SRSP vs WHZT, GSPE: Liabilities-to-Assets Comparison

For the Oil & Gas E&P subindustry, Sirius Petroleum'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.


Sirius Petroleum Liabilities-to-Assets vs Oil & Gas Industry

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

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



Sirius Petroleum 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.

Sirius Petroleum's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2017 is calculated as:

Liabilities-to-Assets (A: Dec. 2017 )=Total Liabilities/Total Assets
=4.903/13.871
=0.35

Sirius Petroleum's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2018 is calculated as

Liabilities-to-Assets (Q: Jun. 2018 )=Total Liabilities/Total Assets
=8.38/16.185
=0.52

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.52 mean?
Sirius Petroleum (LSE:SRSP) has a Liabilities-to-Assets of 0.52 as of Jun. 2018. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Sirius Petroleum and its competitors.
Is Sirius Petroleum's Liabilities-to-Assets too high?
Sirius Petroleum's current Liabilities-to-Assets is 0.52.
How does Sirius Petroleum's Liabilities-to-Assets compare to WHZT and GSPE?
Sirius Petroleum's Liabilities-to-Assets of 0.52 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 Sirius Petroleum and its competitors. Sirius Petroleum's current Liabilities-to-Assets is 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sirius Petroleum stock overvalued right now?
Sirius Petroleum (LSE:SRSP) has a current Liabilities-to-Assets of 0.52. The current Liabilities-to-Assets is 0.52. 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 Sirius Petroleum (LSE:SRSP), the current Liabilities-to-Assets is 0.52 as of Jun. 2018. 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.

Sirius Petroleum Business Description

Industry EnergyOil & Gas
Address 25 Bury Street, 1st Floor, London, GBR, SW1Y 6AL
Sirius Petroleum PLC is an independent oil development company. It focuses on opportunities in the oil and gas sector with particular emphasis in Nigeria. The company acquires and develops offshore proven oil discoveries in Nigeria that have beneficial indigenous tax regimes. The company has only one operating segment: Oil Extraction and Related Activities.