Rompetrol Rafinare (FRA:87R) LT-Debt-to-Total-Asset: 0.18 (As of Sep. 2023)

What is Rompetrol Rafinare LT-Debt-to-Total-Asset?

Rompetrol Rafinare FRA:87R LT-Debt-to-Total-Asset is 0.18 as of Sep. 2023.

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. Rompetrol Rafinare's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.18.

Rompetrol Rafinare's long-term debt to total assets ratio increased from Sep. 2022 (0.04) to Sep. 2023 (0.18). It may suggest that Rompetrol Rafinare is progressively becoming more dependent on debt to grow their business.

Rompetrol Rafinare (FRA:87R) 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.

Rompetrol Rafinare LT-Debt-to-Total-Asset Related Terms

Rompetrol Rafinare LT-Debt-to-Total-Asset Historical Data

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The historical data trend for Rompetrol Rafinare'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.

Rompetrol Rafinare LT-Debt-to-Total-Asset Chart

Rompetrol Rafinare Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.12

0.15

0.12

0.05

Rompetrol Rafinare Quarterly Data
	Sep18	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.05	0.05	0.18	0.18

Rompetrol Rafinare LT-Debt-to-Total-Asset Calculation

Rompetrol Rafinare's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	113.548	/	2258.829
	=	0.05

Rompetrol Rafinare's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	478.644	/	2684.562
	=	0.18

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

What does a LT-Debt-to-Total-Asset of 0.18 mean?

Rompetrol Rafinare (FRA:87R) has a LT-Debt-to-Total-Asset of 0.18 as of Sep. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Rompetrol Rafinare and its competitors.

Is Rompetrol Rafinare's LT-Debt-to-Total-Asset too high?

Rompetrol Rafinare's current LT-Debt-to-Total-Asset is 0.18.

How does Rompetrol Rafinare's LT-Debt-to-Total-Asset compare to ?

Rompetrol Rafinare's LT-Debt-to-Total-Asset of 0.18 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 Rompetrol Rafinare and its competitors. Rompetrol Rafinare's current LT-Debt-to-Total-Asset is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Rompetrol Rafinare stock overvalued right now?

Rompetrol Rafinare (FRA:87R) has a current LT-Debt-to-Total-Asset of 0.18. The current LT-Debt-to-Total-Asset is 0.18. 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 Rompetrol Rafinare (FRA:87R), the current LT-Debt-to-Total-Asset is 0.18 as of Sep. 2023. 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.

Rompetrol Rafinare Business Description

Industry Energy Oil & Gas

Comparable Companies

Address Navodari Boulevard, no. 215, Administrative Building, Navodari, Constanta, ROU, 905700

Website http://www.rompetrol-rafinare.ro

Rompetrol Rafinare SA is engaged in the Refining and marketing of petrochemical products. It operates Petromidia refinery in the Black Sea coast and Vega refinery in Ploiesti city and engaged in the manufacturing and trading of Petrochemical Products and Refining products. The company's segments include Refining, Petrochemicals, and Marketing. The company products include Polypropylene, High-Density Polyethylene, Low-Density Polyethylene, Aviation fuels, Car fuels, Bitumen, and others. The company has all of its operations in Romania and also exports internationally. The majority of the revenue is generated from Romania.