Northern Oil & Gas (HAM:4LT1) LT-Debt-to-Total-Asset: 0.46 (As of Mar. 2026)

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Northern Oil & Gas Inc HAM:4LT1

56 GF Score

Price €17.69

GF Value €27.27

Valuation Possible Value Trap

5 Warning Signs

View Full Analysis

What is Northern Oil & Gas LT-Debt-to-Total-Asset?

Northern Oil & Gas HAM:4LT1 +0.40% 56 LT-Debt-to-Total-Asset is 0.46 as of Mar. 2026. GuruFocus rates HAM:4LT1 with a GF Score™ of 56/100 and a GF Value™ of €27.27 (Possible Value Trap). The stock has 5 warning signs investors should review.

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. Northern Oil & Gas's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.46.

Northern Oil & Gas's long-term debt to total assets ratio increased from Mar. 2025 (0.41) to Mar. 2026 (0.46). It may suggest that Northern Oil & Gas is progressively becoming more dependent on debt to grow their business.

Northern Oil & Gas (HAM:4LT1) 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.

Northern Oil & Gas LT-Debt-to-Total-Asset Related Terms

Northern Oil & Gas LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Northern Oil & Gas'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.

Northern Oil & Gas LT-Debt-to-Total-Asset Chart

Northern Oil & Gas Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

LT-Debt-to-Total-Asset

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0.53

0.41

0.42

0.44

Northern Oil & Gas Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.41	0.42	0.43	0.44	0.46

56GF Score

Northern Oil & Gas Inc HAM:4LT1

LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.

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Northern Oil & Gas LT-Debt-to-Total-Asset Calculation

Northern Oil & Gas's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

LT Debt to Total Assets (A: Dec. 2025 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2025 )	/	Total Assets (A: Dec. 2025 )
	=	2045.666	/	4619.606
	=	0.44

Northern Oil & Gas's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

LT Debt to Total Assets (Q: Mar. 2026 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2026 )	/	Total Assets (Q: Mar. 2026 )
	=	2207.072	/	4770.342
	=	0.46

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

What does a LT-Debt-to-Total-Asset of 0.46 mean?

Northern Oil & Gas (HAM:4LT1) has a LT-Debt-to-Total-Asset of 0.46 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Northern Oil & Gas and its competitors.

Is Northern Oil & Gas' LT-Debt-to-Total-Asset too high?

Northern Oil & Gas' current LT-Debt-to-Total-Asset is 0.46. Overall, Northern Oil & Gas has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Northern Oil & Gas' LT-Debt-to-Total-Asset compare to MNR and TALO?

Northern Oil & Gas' LT-Debt-to-Total-Asset of 0.46 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 Northern Oil & Gas and its competitors. Northern Oil & Gas's current LT-Debt-to-Total-Asset is 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Northern Oil & Gas stock overvalued right now?

Based on GuruFocus' analysis, Northern Oil & Gas (HAM:4LT1) is currently considered Possible Value Trap. The stock's GF Value™ is €27.27, compared to a current price of €17.69 — trading 35.1% below its estimated fair value. The current LT-Debt-to-Total-Asset is 0.46. Northern Oil & Gas' overall GF Score™ is 56/100 with 5 warning signs to review. 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 Northern Oil & Gas (HAM:4LT1), the current LT-Debt-to-Total-Asset is 0.46 as of Mar. 2026. 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.

Is Northern Oil & Gas (HAM:4LT1) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Oil & Gas stock appears to be undervalued. The current stock price of €17.69 is trading 35.1% below its estimated GF Value™ of €27.27. GuruFocus considers Northern Oil & Gas to be Possible Value Trap.

Key valuation signals for HAM:4LT1:

LT-Debt-to-Total-Asset: 0.46
GF Value™: €27.27 vs. price of €17.69 (35.1% below fair value)
GF Score™: 56/100 with 5 warning signs

No single metric tells the full story. See the HAM:4LT1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Northern Oil & Gas Business Description

Industry Energy Oil & Gas

Comparable Companies MNR TALO KRP BKV KOS GPOR DMLP BSM TBN HPK HKSE:00883 COP TSX:CNQ EOG FANG OXY DVN MIC:NVTK ASX:WDS EQT

Other Exchanges NOG:USA 4LT1:Germany

Address 4350 Baker Road, Suite 400, Minnetonka, MN, USA, 55343

Website https://www.northernoil.com

Northern Oil & Gas Inc is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil and natural gas properties. Its principal business is crude oil and natural gas exploration, development, and production. The company's oil and natural gas sales come from three geographic areas in the United States: the Williston Basin (North Dakota and Montana), the Permian Basin (New Mexico and Texas), the Uinta Basin, and the Appalachian Basin (Pennsylvania and Ohio).

56GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€17.69

Price

€27.27

GF Value

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