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Texhoma Energy (Texhoma Energy) Liabilities-to-Assets : 2.00 (As of Jun. 2008)


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What is Texhoma Energy 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. Texhoma Energy's Total Liabilities for the quarter that ended in Jun. 2008 was $9.47 Mil. Texhoma Energy's Total Assets for the quarter that ended in Jun. 2008 was $4.73 Mil. Therefore, Texhoma Energy's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2008 was 2.00.


Texhoma Energy Liabilities-to-Assets Historical Data

The historical data trend for Texhoma Energy'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.

Texhoma Energy Liabilities-to-Assets Chart

Texhoma Energy Annual Data
Trend Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07
Liabilities-to-Assets
Get a 7-Day Free Trial 1.55 - 7.97 1.28 1.76

Texhoma Energy Quarterly Data
Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08
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 1.48 1.76 1.76 1.84 2.00

Competitive Comparison of Texhoma Energy's Liabilities-to-Assets

For the Oil & Gas E&P subindustry, Texhoma Energy'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.


Texhoma Energy's Liabilities-to-Assets Distribution in the Oil & Gas Industry

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

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



Texhoma Energy 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.

Texhoma Energy's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2007 is calculated as:

Liabilities-to-Assets (A: Sep. 2007 )=Total Liabilities/Total Assets
=10.314/5.87
=1.76

Texhoma Energy's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2008 is calculated as

Liabilities-to-Assets (Q: Jun. 2008 )=Total Liabilities/Total Assets
=9.472/4.727
=2.00

* 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.


Texhoma Energy  (GREY:TXHE) 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.


Texhoma Energy Liabilities-to-Assets Related Terms

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Texhoma Energy (Texhoma Energy) Business Description

Traded in Other Exchanges
N/A
Address
24624 I-45 North, Suite 200, Spring, TX, USA, 77386
Texhoma Energy Inc is an oil and gas company. It is primarily engaged in the acquisition, exploration, and development of crude oil and natural gas properties. The company holds interests in approximately five oil wells located on the Shooter 916 lease located in Ochiltree County, Texas. It also holds interests in the Tonto North 390 B No. 3 well located in Scurry County, Texas. The firm has various non-operated working interests in approximately eight wells located in Gregg and Upshur Counties, Texas.

Texhoma Energy (Texhoma Energy) Headlines

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