Pioneer Natural Resources Co (BSP:P1IO34) LT-Debt-to-Total-Asset: 0.14 (As of Mar. 2024)

What is Pioneer Natural Resources Co LT-Debt-to-Total-Asset?

Pioneer Natural Resources Co BSP:P1IO34 4 LT-Debt-to-Total-Asset is 0.14 as of Mar. 2024. GuruFocus rates BSP:P1IO34 with a GF Score™ of 4/100.

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. Pioneer Natural Resources Co's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.14.

Pioneer Natural Resources Co's long-term debt to total assets ratio declined from Mar. 2023 (0.15) to Mar. 2024 (0.14). It may suggest that Pioneer Natural Resources Co is progressively becoming less dependent on debt to grow their business.

Pioneer Natural Resources Co (BSP:P1IO34) 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.

Pioneer Natural Resources Co LT-Debt-to-Total-Asset Related Terms

Pioneer Natural Resources Co LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Pioneer Natural Resources Co'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.

Pioneer Natural Resources Co LT-Debt-to-Total-Asset Chart

Pioneer Natural Resources Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.11

0.17

0.19

0.12

0.14

Pioneer Natural Resources Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.15	0.15	0.14	0.14	0.14

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Pioneer Natural Resources Co BSP:P1IO34

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Pioneer Natural Resources Co LT-Debt-to-Total-Asset Calculation

Pioneer Natural Resources Co's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	24768.489	/	179396.377
	=	0.14

Pioneer Natural Resources Co's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	25222.687	/	186812.217
	=	0.14

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.14 mean?

Pioneer Natural Resources Co (BSP:P1IO34) has a LT-Debt-to-Total-Asset of 0.14 as of Mar. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Pioneer Natural Resources Co and its competitors.

Is Pioneer Natural Resources Co's LT-Debt-to-Total-Asset too high?

Pioneer Natural Resources Co's current LT-Debt-to-Total-Asset is 0.14. Overall, Pioneer Natural Resources Co has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.

How does Pioneer Natural Resources Co's LT-Debt-to-Total-Asset compare to OXY and HES?

Pioneer Natural Resources Co's LT-Debt-to-Total-Asset of 0.14 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 Pioneer Natural Resources Co and its competitors. Pioneer Natural Resources Co's current LT-Debt-to-Total-Asset is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Pioneer Natural Resources Co stock overvalued right now?

Pioneer Natural Resources Co (BSP:P1IO34) has a current LT-Debt-to-Total-Asset of 0.14. The current LT-Debt-to-Total-Asset is 0.14. Pioneer Natural Resources Co's overall GF Score™ is 4/100. 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 Pioneer Natural Resources Co (BSP:P1IO34), the current LT-Debt-to-Total-Asset is 0.14 as of Mar. 2024. 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.

Pioneer Natural Resources Co Business Description

Industry Energy Oil & Gas

Comparable Companies OXY HES EOG FANG DVN CTRA EQT MRO OVV TPL COP HKSE:00883 TSX:CNQ MIC:NVTK ASX:WDS TSE:1605 TSX:TOU BKK:PTTEP ASX:STO OSL:AKRBP

Address 777 Hidden Ridge, Irving, TX, USA, 75038

Website https://www.pxd.com

Headquartered in Irving, Texas, Pioneer Natural Resources is an independent oil and gas exploration and production company focusing on the Permian Basin in Texas. At year-end 2022, Pioneer's proven reserves were 2.4 billion barrels of oil equivalent with net production for the year of 650 mboe per day. Oil and natural gas liquids represented 79% of production.

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