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CNPRF (Condor Energies) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2024)


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What is Condor Energies 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. Condor Energies's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.08.

Condor Energies's long-term debt to total assets ratio declined from Dec. 2023 (0.81) to Dec. 2024 (0.08). It may suggest that Condor Energies is progressively becoming less dependent on debt to grow their business.


Condor Energies LT-Debt-to-Total-Asset Historical Data

The historical data trend for Condor Energies'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.

* Premium members only.

Condor Energies LT-Debt-to-Total-Asset Chart

Condor Energies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.01 0.81 0.08

Condor Energies Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.81 0.18 0.13 0.10 0.08

Condor Energies LT-Debt-to-Total-Asset Calculation

Condor Energies'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 )
=3.649/46.752
=0.08

Condor Energies'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 )
=3.649/46.752
=0.08

* 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.


Condor Energies  (OTCPK:CNPRF) 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.


Condor Energies LT-Debt-to-Total-Asset Related Terms

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Condor Energies Business Description

Traded in Other Exchanges
Address
500 - 4th Avenue SW, Suite 1810, Calgary, AB, CAN, T2P 2V6
Condor Energies Inc is an internationally focused, publicly traded energy company with conventional natural gas and natural gas liquids (condensate) production and sales in Turkey and other energy-related initiatives in Central Asia. It produces gas assets, an ongoing initiative to construct and operate Central Asia's LNG facility, and also focused on gas field redevelopments, It built a foundation for reserve, production, and cashflow growth while striving to minimize environmental footprint. The company operates in Kazakhstan and Uzbekistan. Its segments are Corporate, Kazakhstan, and Turkiye.

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