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Trek Resources (Trek Resources) Liabilities-to-Assets : 0.64 (As of Dec. 2004)


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What is Trek Resources 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. Trek Resources's Total Liabilities for the quarter that ended in Dec. 2004 was $10.88 Mil. Trek Resources's Total Assets for the quarter that ended in Dec. 2004 was $17.01 Mil. Therefore, Trek Resources's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2004 was 0.64.


Trek Resources Liabilities-to-Assets Historical Data

The historical data trend for Trek Resources'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.

Trek Resources Liabilities-to-Assets Chart

Trek Resources Annual Data
Trend Sep02 Sep03 Sep04
Liabilities-to-Assets
0.91 0.77 0.66

Trek Resources Quarterly Data
Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only 0.75 0.72 0.70 0.66 0.64

Competitive Comparison of Trek Resources's Liabilities-to-Assets

For the Oil & Gas E&P subindustry, Trek Resources'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.


Trek Resources's Liabilities-to-Assets Distribution in the Oil & Gas Industry

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

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



Trek Resources 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.

Trek Resources's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2004 is calculated as:

Liabilities-to-Assets (A: Sep. 2004 )=Total Liabilities/Total Assets
=10.83/16.313
=0.66

Trek Resources's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2004 is calculated as

Liabilities-to-Assets (Q: Dec. 2004 )=Total Liabilities/Total Assets
=10.879/17.01
=0.64

* 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.


Trek Resources  (OTCPK:TRKX) 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.


Trek Resources Liabilities-to-Assets Related Terms

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Trek Resources (Trek Resources) Business Description

Traded in Other Exchanges
N/A
Address
4925 Greenville Avenue, Suite 915, One Energy Square, Dallas, TX, USA, 75206
Trek Resources Inc is an independent oil and gas producer. The company is engaged in the exploration, development, exploitation and acquisition of onshore oil and natural gas properties in the United States. It conducts the majority of its operations for itself and its affiliates in the states of Texas, Oklahoma, Louisiana and Colorado. The company and its affiliates also own non-operated interests in Kansas, New Mexico, Louisiana, Mississippi, Texas, Oklahoma, Montana, North and South Dakota, Wyoming, Utah, Arkansas, Alabama, Illinois and Michigan.

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