Virtus Oil & Gas (Virtus Oil & Gas) Liabilities-to-Assets : 102.94 (As of Feb. 2016)

Virtus Oil & Gas Liabilities-to-Assets Chart

Virtus Oil & Gas Quarterly Data
	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16
Liabilities-to-Assets	Get a 7-Day Free Trial															0.72	0.83	1.11	85.11	102.94

Competitive Comparison of Virtus Oil & Gas's Liabilities-to-Assets

For the Oil & Gas E&P subindustry, Virtus Oil & Gas'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.

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

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

* The bar in red indicates where Virtus Oil & Gas's Liabilities-to-Assets falls into.

Virtus Oil & Gas 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.

Virtus Oil & Gas's Liabilities-to-Assets Ratio for the fiscal year that ended in Nov. 2015 is calculated as:

Virtus Oil & Gas's Liabilities-to-Assets Ratio for the quarter that ended in Feb. 2016 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.

Virtus Oil & Gas  (GREY:VOIL) 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.

Virtus Oil & Gas Liabilities-to-Assets Related Terms

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Virtus Oil & Gas (Virtus Oil & Gas) Business Description