Amplitude Energy (ASX:AEL) LT-Debt-to-Total-Asset : 0.24 (As of Dec. 2024)

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What is Amplitude Energy 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. Amplitude Energy's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.24.

Amplitude Energy's long-term debt to total assets ratio increased from Dec. 2023 (0.16) to Dec. 2024 (0.24). It may suggest that Amplitude Energy is progressively becoming more dependent on debt to grow their business.

Amplitude Energy LT-Debt-to-Total-Asset Historical Data

The historical data trend for Amplitude Energy'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.

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Amplitude Energy LT-Debt-to-Total-Asset Chart

Amplitude Energy Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

LT-Debt-to-Total-Asset

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0.21

0.17

0.11

0.21

Amplitude Energy Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.11	0.11	0.16	0.21	0.24

Amplitude Energy LT-Debt-to-Total-Asset Calculation

Amplitude Energy's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (A: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jun. 2024 )	/	Total Assets (A: Jun. 2024 )
	=	254.074	/	1223.186
	=	0.21

Amplitude Energy's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	291.788	/	1226.647
	=	0.24

Amplitude Energy (ASX:AEL) 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.

Amplitude Energy LT-Debt-to-Total-Asset Related Terms

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Amplitude Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Amplitude Energy Ltd (ASX:AEL) » Definitions » LT-Debt-to-Total-Asset

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Address

70 Franklin Street, Level 8, Adelaide, SA, AUS, 5000

Website

https://www.amplitudeenergy.com.au

Amplitude Energy Ltd is engaged in exploring, developing, and producing natural gas and to produce low-cost oil. It is an exploration and production company that generates revenue from gas supply to Southeast Australia and low-cost Cooper Basin oil production. The company holds a portfolio of gas supply contracts and it has gas-focused acreage and assets in the Southeast Australian energy sector, including well-located reserves and resources in the Otway and Gippsland basins.