Cobalt International Energy (FRA:C1O1) LT-Debt-to-Total-Asset : 0.00 (As of Dec. 2017)

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What is Cobalt International 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. Cobalt International Energy's long-term debt to total assests ratio for the quarter that ended in Dec. 2017 was 0.00.

Cobalt International Energy's long-term debt to total assets ratio declined from Dec. 2016 (1.11) to Dec. 2017 (0.00). It may suggest that Cobalt International Energy is progressively becoming less dependent on debt to grow their business.

Cobalt International Energy LT-Debt-to-Total-Asset Historical Data

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

Cobalt International Energy Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

LT-Debt-to-Total-Asset

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0.29

0.43

0.49

1.11

Cobalt International Energy Quarterly Data
	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															1.11	1.29	1.40	1.48	-

Cobalt International Energy LT-Debt-to-Total-Asset Calculation

Cobalt International Energy's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

LT Debt to Total Assets (A: Dec. 2017 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2017 )	/	Total Assets (A: Dec. 2017 )
	=	0	/	1349.257
	=	0.00

Cobalt International Energy's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2017 is calculated as

LT Debt to Total Assets (Q: Dec. 2017 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2017 )	/	Total Assets (Q: Dec. 2017 )
	=	0	/	1349.257
	=	0.00

Cobalt International Energy (FRA:C1O1) 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.

Cobalt International Energy LT-Debt-to-Total-Asset Related Terms

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Cobalt International Energy (FRA:C1O1) Business Description

Industry

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Address

Website

http://www.cobaltintl.com

Cobalt International Energy Inc is an independent exploration and production company with operations in the Gulf regions of the United States. The company's process for maturing an exploration prospect from identification to drill-ready status requires the analysis of a multitude of geological data to locate the highest potential areas. In addition, Cobalt performs substantial drilling-related engineering work to further assist its well maturation process. If the company decides to develop or produce from a recent discovery, the asset is then beset with additional evaluations and analysis during the development life cycle.

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