Caspian Energy (FRA:NQ3) LT-Debt-to-Total-Asset : 0.75 (As of Jun. 2018)

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What is Caspian 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. Caspian Energy's long-term debt to total assests ratio for the quarter that ended in Jun. 2018 was 0.75.

Caspian Energy's long-term debt to total assets ratio increased from Jun. 2017 (0.56) to Jun. 2018 (0.75). It may suggest that Caspian Energy is progressively becoming more dependent on debt to grow their business.

Caspian Energy LT-Debt-to-Total-Asset Historical Data

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

Caspian Energy Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

LT-Debt-to-Total-Asset

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277.21

107.87

0.57

0.53

0.68

Caspian Energy Quarterly Data
	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.56	0.61	0.68	0.68	0.75

Caspian Energy LT-Debt-to-Total-Asset Calculation

Caspian 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 )
	=	18.178	/	26.802
	=	0.68

Caspian Energy's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2018 is calculated as

LT Debt to Total Assets (Q: Jun. 2018 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2018 )	/	Total Assets (Q: Jun. 2018 )
	=	20.258	/	27.073
	=	0.75

Caspian Energy (FRA:NQ3) 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.

Caspian Energy LT-Debt-to-Total-Asset Related Terms

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Caspian Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Caspian Energy Inc. (FRA:NQ3) » Definitions » LT-Debt-to-Total-Asset

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Website

http://www.caspianenergyinc.com

Caspian Energy Inc is engaged in the exploration of oil and natural resource business activities. It involved in development and production of crude oil and natural gas. The company mainly operates in Aktyubinsk region in Kazakhstan. It derives most of its revenues from the sale of the exploration business and has operations spread across Kazakhastan.

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