Kolibri Global Energy (Kolibri Global Energy) LT-Debt-to-Total-Asset : 0.11 (As of Sep. 2023)

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What is Kolibri Global 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. Kolibri Global Energy's long-term debt to total assests ratio for the quarter that ended in Sep. 2023 was 0.11.

Kolibri Global Energy's long-term debt to total assets ratio increased from Sep. 2022 (0.09) to Sep. 2023 (0.11). It may suggest that Kolibri Global Energy is progressively becoming more dependent on debt to grow their business.

Kolibri Global Energy LT-Debt-to-Total-Asset Historical Data

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

Kolibri Global Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

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0.18

0.16

0.23

0.10

Kolibri Global Energy Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.10	0.10	0.09	0.11

Kolibri Global Energy LT-Debt-to-Total-Asset Calculation

Kolibri Global Energy's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	17.816	/	184.082
	=	0.10

Kolibri Global Energy's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

LT Debt to Total Assets (Q: Sep. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2023 )	/	Total Assets (Q: Sep. 2023 )
	=	24.173	/	211.745
	=	0.11

Kolibri Global Energy (NAS:KGEI) 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.

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Kolibri Global Energy (Kolibri Global Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Kolibri Global Energy Inc (NAS:KGEI) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

B120:Germany KEI:Canada

Address

3623 Old Conejo Road, Suite 207, Newbury Park, CA, USA, 91320

Website

https://www.kolibrienergy.com

Kolibri Global Energy Inc is a North American energy company focused on finding and exploiting energy projects in oil, gas, and clean and sustainable energy. It is focused on the acquisition, exploration, and production of oil and gas reserves. The company owns and operates shale oil and gas properties in the United States. Its segments include the United States, Canada, and Others. The company derives a majority of its revenue from the United States.