Phoenix Global Resources (Phoenix Global Resources) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2021)

View and export this data going back to . Start your Free Trial

What is Phoenix Global Resources LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Phoenix Global Resources's long-term debt to total assests ratio for the quarter that ended in Dec. 2021 was 0.00.

Phoenix Global Resources's long-term debt to total assets ratio declined from Dec. 2020 (0.02) to Dec. 2021 (0.00). It may suggest that Phoenix Global Resources is progressively becoming less dependent on debt to grow their business.

Phoenix Global Resources LT-Debt-to-Total-Asset Historical Data

The historical data trend for Phoenix Global Resources's LT-Debt-to-Total-Asset 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.

Phoenix Global Resources LT-Debt-to-Total-Asset Chart

Phoenix Global Resources Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.25

0.19

0.22

0.02

Phoenix Global Resources Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.22	0.25	0.02	0.01	-

Phoenix Global Resources LT-Debt-to-Total-Asset Calculation

Phoenix Global Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (A: Dec. 2021 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2021 )	/	Total Assets (A: Dec. 2021 )
	=	0.274	/	516.762
	=	0.00

Phoenix Global Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (Q: Dec. 2021 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2021 )	/	Total Assets (Q: Dec. 2021 )
	=	0.274	/	516.762
	=	0.00

Phoenix Global Resources (OTCPK:ANEGY) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Phoenix Global Resources LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Phoenix Global Resources's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Phoenix Global Resources (Phoenix Global Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Phoenix Global Resources PLC (OTCPK:ANEGY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

62 Buckingham Gate, 1st Floor, London, GBR, SW1E 6AJ

Website

https://www.phoenixglobalresources.com

Phoenix Global Resources PLC is an oil and gas production, appraisal, and exploration company. The company focuses on producing, developing, and exploring assets specifically in Argentina and Colombia. Its portfolio of production, development and exploration licenses in proven is engaged in producing and prolific basins in Argentina and Paraguay. The company operates in three segments: Neuquina, Austral and Cuyana basins. Most of the company's revenue comes through the oil business from the Neuquina basin.

Phoenix Global Resources (Phoenix Global Resources) Headlines

From GuruFocus

Phoenix Global Resources - Mata Mora and Corralera Working Interests Increased to 90% and Award of Four New Neuquén Province Blocks

By PRNewswire PRNewswire • 04-30-2018