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Gulf Keystone Petroleum (Gulf Keystone Petroleum) Liabilities-to-Assets : 0.22 (As of Dec. 2023)


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What is Gulf Keystone Petroleum 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. Gulf Keystone Petroleum's Total Liabilities for the quarter that ended in Dec. 2023 was $149.9 Mil. Gulf Keystone Petroleum's Total Assets for the quarter that ended in Dec. 2023 was $697.1 Mil. Therefore, Gulf Keystone Petroleum's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.22.


Gulf Keystone Petroleum Liabilities-to-Assets Historical Data

The historical data trend for Gulf Keystone Petroleum'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.

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Gulf Keystone Petroleum Liabilities-to-Assets Chart

Gulf Keystone Petroleum 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 0.29 0.31 0.32 0.23 0.22

Gulf Keystone Petroleum Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.32 0.40 0.23 0.24 0.22

Competitive Comparison of Gulf Keystone Petroleum's Liabilities-to-Assets

For the Oil & Gas E&P subindustry, Gulf Keystone Petroleum'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.


Gulf Keystone Petroleum's Liabilities-to-Assets Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Gulf Keystone Petroleum's Liabilities-to-Assets falls into.



Gulf Keystone Petroleum 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.

Gulf Keystone Petroleum'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
=149.909/697.146
=0.22

Gulf Keystone Petroleum's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )=Total Liabilities/Total Assets
=149.909/697.146
=0.22

* 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.


Gulf Keystone Petroleum  (OTCPK:GFKSY) 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.


Gulf Keystone Petroleum Liabilities-to-Assets Related Terms

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Gulf Keystone Petroleum (Gulf Keystone Petroleum) Business Description

Traded in Other Exchanges
Address
C/o Coson Corporate Services Limited, 41 Cedar Avenue, Cedar House, 3rd Floor, Hamilton, BMU, HM12
Gulf Keystone Petroleum Ltd is a holding company, which is engaged in oil and gas exploration and production. It mainly operates in the Kurdistan Region of Iraq, the Republic of Algeria, and Others. The Kurdistan Region of Iraq segment consists of the Shaikan, Ber Bahr blocks, and the Erbil office, which provides support to the operations in Kurdistan. It generates its revenues from the sale of oil.

Gulf Keystone Petroleum (Gulf Keystone Petroleum) Headlines