TotalEnergies EP Gabon (FRA:RZW) LT-Debt-to-Total-Asset : 0.01 (As of Jun. 2024)

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What is TotalEnergies EP Gabon 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. TotalEnergies EP Gabon's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.01.

TotalEnergies EP Gabon's long-term debt to total assets ratio declined from Jun. 2023 (0.01) to Jun. 2024 (0.01). It may suggest that TotalEnergies EP Gabon is progressively becoming less dependent on debt to grow their business.

TotalEnergies EP Gabon LT-Debt-to-Total-Asset Historical Data

The historical data trend for TotalEnergies EP Gabon'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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TotalEnergies EP Gabon LT-Debt-to-Total-Asset Chart

TotalEnergies EP Gabon Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.01

TotalEnergies EP Gabon Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	0.01	0.01	0.01

TotalEnergies EP Gabon LT-Debt-to-Total-Asset Calculation

TotalEnergies EP Gabon's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	26.792	/	2726.176
	=	0.01

TotalEnergies EP Gabon's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

LT Debt to Total Assets (Q: Jun. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2024 )	/	Total Assets (Q: Jun. 2024 )
	=	19.593	/	2775.96
	=	0.01

TotalEnergies EP Gabon (FRA:RZW) 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.

TotalEnergies EP Gabon LT-Debt-to-Total-Asset Related Terms

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TotalEnergies EP Gabon Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TotalEnergies EP Gabon (FRA:RZW) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

0IUV:UK EC:France RZW:Germany

Address

boulevard Hourcq, Port-Gentil, GAB, BP 525

Website

http://www.total.ga

TotalEnergies EP Gabon explores for, produces and sells crude oil and natural gas. The company's sole operation is located in Gabon, Central Africa. Its mining operations are divided into mining concessions and operating licenses.

TotalEnergies EP Gabon Headlines

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