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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. Petronas Gas Bhd's Total Liabilities for the quarter that ended in Mar. 2026 was $1,239 Mil. Petronas Gas Bhd's Total Assets for the quarter that ended in Mar. 2026 was $4,973 Mil.
Therefore, Petronas Gas Bhd's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 was 0.25.
Petronas Gas Bhd (OTCPK:PNAGF) 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.
Petronas Gas Bhd Liabilities-to-Assets Related Terms
Petronas Gas Bhd Liabilities-to-Assets Historical Data
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The historical data trend for Petronas Gas Bhd'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.
PNAGF vs XOM, CVX: Liabilities-to-Assets Comparison
For the Oil & Gas Integrated subindustry, Petronas Gas Bhd'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.
Petronas Gas Bhd Liabilities-to-Assets vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Petronas Gas Bhd's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where Petronas Gas Bhd's Liabilities-to-Assets falls into.
Petronas Gas Bhd 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.
Petronas Gas Bhd'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.
Petronas Gas Bhd (PNAGF) has a Liabilities-to-Assets of 0.25 as of Mar. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Petronas Gas Bhd and its competitors.
Is Petronas Gas Bhd's Liabilities-to-Assets too high?
Petronas Gas Bhd's current Liabilities-to-Assets is 0.25. Overall, Petronas Gas Bhd has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Petronas Gas Bhd's Liabilities-to-Assets compare to XOM and CVX?
Petronas Gas Bhd's Liabilities-to-Assets of 0.25 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 Petronas Gas Bhd and its competitors. Petronas Gas Bhd's current Liabilities-to-Assets is 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petronas Gas Bhd stock overvalued right now?
Petronas Gas Bhd (PNAGF) has a current Liabilities-to-Assets of 0.25. The stock's GF Value™ is $4.50, compared to a current price of $4.45 — trading 1.1% below its estimated fair value. The current Liabilities-to-Assets is 0.25. Petronas Gas Bhd's overall GF Score™ is 82/100 with 5 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 Petronas Gas Bhd (PNAGF), the current Liabilities-to-Assets is 0.25 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 Petronas Gas Bhd (PNAGF) Overvalued in 2026?
Based on GuruFocus' analysis, Petronas Gas Bhd stock appears to be undervalued.
The current stock price of $4.45 is trading 1.1% below its estimated GF Value™ of $4.50.
Key valuation signals for PNAGF:
Liabilities-to-Assets: 0.25
GF Value™: $4.50 vs. price of $4.45 (1.1% below fair value)
No single metric tells the full story. See the PNAGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company, of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company's total revenue, its Utilities and Gas Processing units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.
82GF Score
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