HZLIF (Hertz Energy) LT-Debt-to-Total-Asset : 0.00 (As of Jul. 2024)

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What is Hertz 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. Hertz Energy's long-term debt to total assests ratio for the quarter that ended in Jul. 2024 was 0.00.

Hertz Energy's long-term debt to total assets ratio stayed the same from Apr. 2023 (0.00) to Jul. 2024 (0.00).

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

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

Hertz Energy Annual Data

Trend

Jul21

Jul22

Jul23

Jul24

LT-Debt-to-Total-Asset

Hertz Energy Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Apr24	Jul24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							-	-	-	-	-

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

Hertz Energy's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Jul. 2024 is calculated as

LT Debt to Total Assets (A: Jul. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Jul. 2024 )	/	Total Assets (A: Jul. 2024 )
	=	0	/	6.101
	=

Hertz Energy's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jul. 2024 is calculated as

LT Debt to Total Assets (Q: Jul. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jul. 2024 )	/	Total Assets (Q: Jul. 2024 )
	=	0	/	6.101
	=

Hertz Energy (OTCPK:HZLIF) 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.

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

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Hertz Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hertz Energy Inc (OTCPK:HZLIF) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

QX1:Germany HZ:Canada

Address

1500-1055 West Georgia Street, Royal Centre, Vancouver, BC, CAN, V6E4N7

Website

https://www.hertz-energy.com

Hertz Energy Inc is engaged in the exploration and development of mineral resources, currently focusing on projects in Arizona, USA. The company's sole mineral property is the Lucky Mica Project located in the Maricopa County of Arizona, USA and and the Patriota Lithium Project, located along the Eastern Brazilian Pegmatite Province, in Brazil and Snake Lithium Project and both located in James Bay, Quebec.