Ventura Offshore Holding (FRA:G4C) LT-Debt-to-Total-Asset : 0.22 (As of Dec. 2024)

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What is Ventura Offshore Holding 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. Ventura Offshore Holding's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.22.

Ventura Offshore Holding's long-term debt to total assets ratio declined from Dec. 2022 (0.91) to Dec. 2024 (0.22). It may suggest that Ventura Offshore Holding is progressively becoming less dependent on debt to grow their business.

Ventura Offshore Holding LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ventura Offshore Holding'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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Ventura Offshore Holding LT-Debt-to-Total-Asset Chart

Ventura Offshore Holding Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.55

0.91

0.21

0.22

Ventura Offshore Holding Semi-Annual Data
	Dec21	Dec22	Dec23	Dec24
LT-Debt-to-Total-Asset	0.55	0.91	0.21	0.22

Ventura Offshore Holding LT-Debt-to-Total-Asset Calculation

Ventura Offshore Holding'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 )
	=	139.384	/	632.231
	=

Ventura Offshore Holding'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 )
	=	139.384	/	632.231
	=

Ventura Offshore Holding (FRA:G4C) 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.

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Ventura Offshore Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ventura Offshore Holding Ltd (FRA:G4C) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

VTURA:Norway

Address

Avenida Lacerda Agostinho, 1205 - Virgem Santa, Macae, RJ, BRA, CEP: 27948-005

Website

https://www.ventura-offshore.com

Ventura Offshore Holding Ltd is a deep water drilling contractor providing offshore drilling services to the oil and gas industry. The Group focuses on deep water drilling operations in water depths of up to 12,000 feet and core activities are focused in the Brazilian offshore oil and gas market. Also Group owns and operates the drillship Carolina and the semisubmersible rig Victoria (the Owned Rigs), and manages the drillship Zonda and semisubmersible rig Catarina (the Managed Rigs, and together with the Owned Rigs, the Rigs), all of which drilling rigs capable of drilling in ultra deep waters.

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