CLMEF (Calima Energy) LT-Debt-to-Total-Asset: 0.00 (As of Jun. 2024)

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

Calima Energy CLMEF 12 LT-Debt-to-Total-Asset is 0.00 as of Jun. 2024. GuruFocus rates CLMEF with a GF Score™ of 12/100.

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. Calima Energy's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.00.

Calima Energy's long-term debt to total assets ratio declined from Jun. 2023 (0.02) to Jun. 2024 (0.00). It may suggest that Calima Energy is progressively becoming less dependent on debt to grow their business.

Calima Energy (OTCPK:CLMEF) 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.

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

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

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The historical data trend for Calima 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.

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

Calima Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

0.00

0.02

0.00

Calima Energy Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.02	0.02	0.00	0.00

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Calima Energy Ltd CLMEF

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

Calima Energy'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 )
	=	0	/	82.233
	=	0.00

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

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	0	/	5.886
	=

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

What does a LT-Debt-to-Total-Asset of 0.00 mean?

Calima Energy (CLMEF) has a LT-Debt-to-Total-Asset of 0.00 as of Jun. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Calima Energy and its competitors.

Is Calima Energy's LT-Debt-to-Total-Asset too high?

Calima Energy's current LT-Debt-to-Total-Asset is 0.00. Overall, Calima Energy has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does Calima Energy's LT-Debt-to-Total-Asset compare to OKMN and ROYL?

Calima Energy's 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 Calima Energy and its competitors. Calima Energy'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 Calima Energy stock overvalued right now?

Calima Energy (CLMEF) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. Calima Energy's overall GF Score™ is 12/100. 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 Calima Energy (CLMEF), the current LT-Debt-to-Total-Asset is 0.00 as of Jun. 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.

Calima Energy Business Description

Industry Energy Oil & Gas

Comparable Companies OKMN ROYL NRIS GULTU FOMI ALTX CCWF CRCE FECOF PTCO COP HKSE:00883 EOG TSX:CNQ FANG OXY HES EQT MIC:NVTK TPL

Address Unit 103, 28 Station Street, Cottesloe, WA, AUS, 6011

Website https://www.calimaenergy.com

Calima Energy Ltd is an oil and gas company. The company and its subsidiaries invest in oil and gas exploration and production projects. The company mainly focuses on finding and developing new projects. Its projects include Brooks, and Thorsby. It also holds an undeveloped Montney acreage position in northeastern British Columbia, Canada.

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