Enseco Energy Services (Enseco Energy Services) LT-Debt-to-Total-Asset : 0.03 (As of Jun. 2015)

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What is Enseco Energy Services 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. Enseco Energy Services's long-term debt to total assests ratio for the quarter that ended in Jun. 2015 was 0.03.

Enseco Energy Services's long-term debt to total assets ratio increased from Jun. 2014 (0.02) to Jun. 2015 (0.03). It may suggest that Enseco Energy Services is progressively becoming more dependent on debt to grow their business.

Enseco Energy Services LT-Debt-to-Total-Asset Historical Data

The historical data trend for Enseco Energy Services'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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Enseco Energy Services LT-Debt-to-Total-Asset Chart

Enseco Energy Services Annual Data

Trend

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

Dec13

Dec14

LT-Debt-to-Total-Asset

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0.28

0.01

Enseco Energy Services Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.01	0.01	0.02	0.03

Enseco Energy Services LT-Debt-to-Total-Asset Calculation

Enseco Energy Services's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

LT Debt to Total Assets (A: Dec. 2014 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2014 )	/	Total Assets (A: Dec. 2014 )
	=	0.715	/	52.764
	=	0.01

Enseco Energy Services's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2015 is calculated as

LT Debt to Total Assets (Q: Jun. 2015 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2015 )	/	Total Assets (Q: Jun. 2015 )
	=	0.755	/	21.957
	=	0.03

Enseco Energy Services (OTCPK:ENSRF) 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.

Enseco Energy Services LT-Debt-to-Total-Asset Related Terms

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Enseco Energy Services (Enseco Energy Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enseco Energy Services Corp (OTCPK:ENSRF) » Definitions » LT-Debt-to-Total-Asset

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Address

138 - 4th Avenue SE, Suite 800, Calgary, AB, CAN, T2G 4Z6

Website

http://www.enseco.ca

Enseco Energy Services Corp is primarily involved in the exploration of oil and natural resource business activities. It also involved in directional and horizontal drilling, production and frac flow backtesting. The company operates in two regions namely Western Canadian Sedimentary Basin and select markets in the United States of America (USA). It derives most of its revenues from the sale of the exploration business and has operations spread across Canada.

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