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. US Energy's Total Liabilities for the quarter that ended in Sep. 2024 was $28.34 Mil. US Energy's Total Assets for the quarter that ended in Sep. 2024 was $64.08 Mil.
Therefore, US Energy's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.44.
US Energy Liabilities-to-Assets Historical Data
The historical data trend for US 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.
Competitive Comparison of US Energy's Liabilities-to-Assets
For the Oil & Gas E&P subindustry, US 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.
US Energy's Liabilities-to-Assets Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, US Energy's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where US Energy's Liabilities-to-Assets falls into.
US 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.
US Energy's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 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.
US Energy (NAS:USEG) 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.
US Energy Liabilities-to-Assets Related Terms
Thank you for viewing the detailed overview of US Energy's Liabilities-to-Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
US Energy Corp is an independent energy company. It is focused on the acquisition and development of oil and natural gas-producing properties in the continental United States. It has business activities in South Texas and the Williston Basin in North Dakota. The company generates revenue from its interest in the sales of oil and natural gas production.
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