AOGC (Australian Oil & Gas) LT-Debt-to-Total-Asset: 0.00 (As of Mar. 2012)


What is Australian Oil & Gas LT-Debt-to-Total-Asset?

Australian Oil & Gas AOGC -99.95% LT-Debt-to-Total-Asset is 0.00 as of Mar. 2012.

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. Australian Oil & Gas's long-term debt to total assests ratio for the quarter that ended in Mar. 2012 was 0.00.

Australian Oil & Gas's long-term debt to total assets ratio declined from Mar. 2011 (0.12) to Mar. 2012 (0.00). It may suggest that Australian Oil & Gas is progressively becoming less dependent on debt to grow their business.


Australian Oil & Gas  (OTCPK:AOGC) 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.


Australian Oil & Gas LT-Debt-to-Total-Asset Related Terms


Australian Oil & Gas LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Australian Oil & Gas'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.

Australian Oil & Gas LT-Debt-to-Total-Asset Chart

Australian Oil & Gas Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.00 0.07 0.11 0.00

Australian Oil & Gas Quarterly Data
Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12
LT-Debt-to-Total-Asset 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 0.12 0.74 0.48 0.00 0.00

Australian Oil & Gas LT-Debt-to-Total-Asset Calculation

Australian Oil & Gas's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2011 is calculated as

LT Debt to Total Assets (A: Dec. 2011 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2011 )/Total Assets (A: Dec. 2011 )
=0/1.561
=

Australian Oil & Gas's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2012 is calculated as

LT Debt to Total Assets (Q: Mar. 2012 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2012 )/Total Assets (Q: Mar. 2012 )
=0/1.552
=

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.00 mean?
Australian Oil & Gas (AOGC) has a LT-Debt-to-Total-Asset of 0.00 as of Mar. 2012. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Australian Oil & Gas and its competitors.
Is Australian Oil & Gas' LT-Debt-to-Total-Asset too high?
Australian Oil & Gas' current LT-Debt-to-Total-Asset is 0.00.
How does Australian Oil & Gas' LT-Debt-to-Total-Asset compare to PGNPQ and SOIGF?
Australian Oil & Gas' LT-Debt-to-Total-Asset of 0.00 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for an Oil & Gas company?
A good LT-Debt-to-Total-Asset depends on the Oil & Gas industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Australian Oil & Gas and its competitors. Australian Oil & Gas's current LT-Debt-to-Total-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Australian Oil & Gas stock overvalued right now?
Australian Oil & Gas (AOGC) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Australian Oil & Gas (AOGC), the current LT-Debt-to-Total-Asset is 0.00 as of Mar. 2012. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Australian Oil & Gas Business Description

Industry EnergyOil & Gas
Address 500 Collins Street, Level 21, Melbourne, VIC, AUS, 3000
Australian Oil & Gas Corp is an energy company that explores for natural gas, crude oil and natural gas liquids.