BRLL (Barrel Energy) LT-Debt-to-Total-Asset: 0.99 (As of Sep. 2020)


What is Barrel Energy LT-Debt-to-Total-Asset?

Barrel Energy BRLL LT-Debt-to-Total-Asset is 0.99 as of Sep. 2020.

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. Barrel Energy's long-term debt to total assests ratio for the quarter that ended in Sep. 2020 was 0.99.

Barrel Energy's long-term debt to total assets ratio increased from Sep. 2018 (0.00) to Sep. 2020 (0.99). It may suggest that Barrel Energy is progressively becoming more dependent on debt to grow their business.

Barrel Energy  (OTCPK:BRLL) 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.

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

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

* Premium members only.

The historical data trend for Barrel 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.

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

Barrel Energy Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19
LT-Debt-to-Total-Asset
0.38 0.00 0.00 0.00 0.00

Barrel Energy Semi-Annual Data
Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
LT-Debt-to-Total-Asset Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.99

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

Barrel Energy's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Sep. 2019 is calculated as

LT Debt to Total Assets (A: Sep. 2019 )=Long-Term Debt & Capital Lease Obligation (A: Sep. 2019 )/Total Assets (A: Sep. 2019 )
=0/0
=

Barrel Energy's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2020 is calculated as

LT Debt to Total Assets (Q: Sep. 2020 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2020 )/Total Assets (Q: Sep. 2020 )
=3.754/3.796
=

* 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 0.99 mean?
Barrel Energy (BRLL) has a LT-Debt-to-Total-Asset of 0.99 as of Sep. 2020. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Barrel Energy and its competitors.
Is Barrel Energy's LT-Debt-to-Total-Asset too high?
Barrel Energy's current LT-Debt-to-Total-Asset is 0.99.
How does Barrel Energy's LT-Debt-to-Total-Asset compare to SPOWF and LEEN?
Barrel Energy's LT-Debt-to-Total-Asset of 0.99 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 Barrel Energy and its competitors. Barrel Energy's current LT-Debt-to-Total-Asset is 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barrel Energy stock overvalued right now?
Barrel Energy (BRLL) has a current LT-Debt-to-Total-Asset of 0.99. The current LT-Debt-to-Total-Asset is 0.99. 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 Barrel Energy (BRLL), the current LT-Debt-to-Total-Asset is 0.99 as of Sep. 2020. 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.

Barrel Energy Business Description

Industry EnergyOil & Gas
Address 3859 S Valley View Boulevard, Suite 2, West Orange, NJ, USA, 07052
Barrel Energy Inc provides essential grease trap services, eco-friendly cleaning products, and oil recycling solutions for restaurants and food service businesses throughout the greater Portland area. It recognizes revenue from Grease trap cleaning and maintenances service, Cleaning product line, Pressure washing service, Used cooking oil recycling, and Tech fees.