Capricorn Energy (CHIX:CNEL) LT-Debt-to-Total-Asset : 0.13 (As of Dec. 2024)

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What is Capricorn 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. Capricorn Energy's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.13.

Capricorn Energy's long-term debt to total assets ratio declined from Dec. 2023 (0.15) to Dec. 2024 (0.13). It may suggest that Capricorn Energy is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Capricorn 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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Capricorn Energy LT-Debt-to-Total-Asset Chart

Capricorn Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.12

0.08

0.09

0.15

0.13

Capricorn 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															0.09	0.14	0.15	0.17	0.13

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

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

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	61.698	/	490.183
	=	0.13

Capricorn 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 )
	=	61.698	/	490.183
	=	0.13

Capricorn Energy (CHIX:CNEl) 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.

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

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Capricorn Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Capricorn Energy PLC (CHIX:CNEl) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

CRNZF:USA CRNCY:USA CNE:UK FKG0:Germany

Address

50 Lothian Road, Edinburgh, GBR, EH3 9BY

Website

https://www.capricornenergy.com

Capricorn Energy PLC is an independent oil and gas exploration and development company. The company has explored, discovered, developed, and produced oil and gas in a variety of locations throughout the world. The company's production, development, and exploration activities are focused on the Egyptian Western Deserts and UK North Sea.

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