JUTOF (Jutal Offshore Oil Services) LT-Debt-to-Total-Asset : 0.01 (As of Jun. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Jutal Offshore Oil Services 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. Jutal Offshore Oil Services's long-term debt to total assests ratio for the quarter that ended in Jun. 2024 was 0.01.

Jutal Offshore Oil Services's long-term debt to total assets ratio declined from Jun. 2023 (0.09) to Jun. 2024 (0.01). It may suggest that Jutal Offshore Oil Services is progressively becoming less dependent on debt to grow their business.

Jutal Offshore Oil Services LT-Debt-to-Total-Asset Historical Data

The historical data trend for Jutal Offshore Oil Services'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.

* Premium members only.

Jutal Offshore Oil Services LT-Debt-to-Total-Asset Chart

Jutal Offshore Oil Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.10

0.12

0.06

0.09

0.06

Jutal Offshore Oil Services 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															0.13	0.09	0.09	0.06	0.01

Jutal Offshore Oil Services LT-Debt-to-Total-Asset Calculation

Jutal Offshore Oil Services'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 )
	=	34.175	/	572.113
	=	0.06

Jutal Offshore Oil Services'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 )
	=	5.963	/	497.564
	=	0.01

Jutal Offshore Oil Services (OTCPK:JUTOF) 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.

Jutal Offshore Oil Services LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Jutal Offshore Oil Services's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Jutal Offshore Oil Services Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Jutal Offshore Oil Services Ltd (OTCPK:JUTOF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

JUTOY:USA 03303:Hong Kong I8O:Germany

Address

10th Floor, Chiwan Petroleum Building, Shekou, Nanshan District, Shenzhen, CHN, 518068

Website

https://www.jutal.com

Jutal Offshore Oil Services Ltd is an investment holding company. The company's operating segments include Fabrication of facilities and provision of integrated services for oil and gas industries, Fabrication of facilities and provision of integrated services for new energy and refining and chemical industries, and Others. It generates maximum revenue from the Fabrication of facilities and provision of integrated services for oil and gas industries segment. Geographically, it derives a majority of revenue from the United States and also has an international presence.

Jutal Offshore Oil Services Headlines

No Headlines