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Oriental Petroleum & Minerals (PHS:OPM) Liabilities-to-Assets : 0.04 (As of Mar. 2024)


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What is Oriental Petroleum & Minerals 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. Oriental Petroleum & Minerals's Total Liabilities for the quarter that ended in Mar. 2024 was ₱184.9 Mil. Oriental Petroleum & Minerals's Total Assets for the quarter that ended in Mar. 2024 was ₱5,287.6 Mil. Therefore, Oriental Petroleum & Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 was 0.04.


Oriental Petroleum & Minerals Liabilities-to-Assets Historical Data

The historical data trend for Oriental Petroleum & Minerals'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.

Oriental Petroleum & Minerals Liabilities-to-Assets Chart

Oriental Petroleum & Minerals 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 0.03 0.03 0.04 0.03 0.03

Oriental Petroleum & Minerals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.03 0.05 0.03 0.03 0.04

Competitive Comparison of Oriental Petroleum & Minerals's Liabilities-to-Assets

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


Oriental Petroleum & Minerals's Liabilities-to-Assets Distribution in the Oil & Gas Industry

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

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



Oriental Petroleum & Minerals 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.

Oriental Petroleum & Minerals'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
=178.496/5265.79
=0.03

Oriental Petroleum & Minerals's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2024 is calculated as

Liabilities-to-Assets (Q: Mar. 2024 )=Total Liabilities/Total Assets
=184.945/5287.596
=0.03

* 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.


Oriental Petroleum & Minerals  (PHS:OPM) 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.


Oriental Petroleum & Minerals Liabilities-to-Assets Related Terms

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Oriental Petroleum & Minerals (PHS:OPM) Business Description

Traded in Other Exchanges
Address
ADB Avenue, Ortigas Center, 34th Floor, Robinsons Equitable Tower, Pasig City, PHL, 1600
Oriental Petroleum & Minerals Corp is an exploration company. It is engaged in exploring, developing, and producing petroleum and mineral resources in the Philippines. It operates in the Oil Exploration and Development segment. Its operational activities depend on its service contracts with the government. The principal properties of the company consist of petroleum exploration areas in the Philippines, onshore and offshore. The group principally operates in the Philippines.

Oriental Petroleum & Minerals (PHS:OPM) Headlines

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