IXOG (Index Oil & Gas) LT-Debt-to-Total-Asset: 0.00 (As of Mar. 2009)


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

Index Oil & Gas IXOG -99.86% LT-Debt-to-Total-Asset is 0.00 as of Mar. 2009.

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. Index Oil & Gas's long-term debt to total assests ratio for the quarter that ended in Mar. 2009 was 0.00.

Index Oil & Gas's long-term debt to total assets ratio stayed the same from Mar. 2008 (0.00) to Mar. 2009 (0.00).

Index Oil & Gas  (OTCPK:IXOG) 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.

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

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

* Premium members only.

The historical data trend for Index 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.

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

Index Oil & Gas Annual Data
Trend Dec04 Dec05 Mar06 Mar07 Mar08 Mar09
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Index Oil & Gas Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

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

Index Oil & Gas's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2009 is calculated as

LT Debt to Total Assets (A: Mar. 2009 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2009 )/Total Assets (A: Mar. 2009 )
=0/6.994
=0.00

Index Oil & Gas's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2009 is calculated as

LT Debt to Total Assets (Q: Mar. 2009 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2009 )/Total Assets (Q: Mar. 2009 )
=0/6.994
=0.00

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.00 mean?
Index Oil & Gas (IXOG) has a LT-Debt-to-Total-Asset of 0.00 as of Mar. 2009. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Index Oil & Gas and its competitors.
Is Index Oil & Gas' LT-Debt-to-Total-Asset too high?
Index Oil & Gas' current LT-Debt-to-Total-Asset is 0.00.
How does Index Oil & Gas' LT-Debt-to-Total-Asset compare to FPPP and UNGS?
Index Oil & Gas' LT-Debt-to-Total-Asset of 0.00 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 Index Oil & Gas and its competitors. Index Oil & Gas's current LT-Debt-to-Total-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Index Oil & Gas stock overvalued right now?
Index Oil & Gas (IXOG) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. 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 Index Oil & Gas (IXOG), the current LT-Debt-to-Total-Asset is 0.00 as of Mar. 2009. 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.

Index Oil & Gas Business Description

Industry EnergyOil & Gas
Address 10000 Memorial Drive, Suite 440, Houston, TX, USA, 77024
Index Oil & Gas Inc is an independent oil and natural gas company engaged in the acquisition, exploration, development, production and sale of oil and natural gas properties. It focuses on prolific petroleum system of the onshore Gulf Coast of Texas and Louisiana.