Max Petroleum (LSE:MXP) LT-Debt-to-Total-Asset: 0.22 (As of Sep. 2014)


What is Max Petroleum LT-Debt-to-Total-Asset?

Max Petroleum LSE:MXP LT-Debt-to-Total-Asset is 0.22 as of Sep. 2014. The stock has 6 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. Max Petroleum's long-term debt to total assests ratio for the quarter that ended in Sep. 2014 was 0.22.

Max Petroleum's long-term debt to total assets ratio increased from Sep. 2013 (0.00) to Sep. 2014 (0.22). It may suggest that Max Petroleum is progressively becoming more dependent on debt to grow their business.

Max Petroleum  (LSE:MXP) 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.

Max Petroleum LT-Debt-to-Total-Asset Related Terms

Max Petroleum LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Max Petroleum'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.

Max Petroleum LT-Debt-to-Total-Asset Chart

Max Petroleum Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only 0.36 0.34 0.29 0.09 0.00

Max Petroleum Semi-Annual Data
Sep06 Mar07 Sep07 Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14
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 0.00 0.09 0.00 0.00 0.22

Max Petroleum LT-Debt-to-Total-Asset Calculation

Max Petroleum's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2014 is calculated as

LT Debt to Total Assets (A: Mar. 2014 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2014 )/Total Assets (A: Mar. 2014 )
=0/163.654
=0.00

Max Petroleum's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2014 is calculated as

LT Debt to Total Assets (Q: Sep. 2014 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2014 )/Total Assets (Q: Sep. 2014 )
=36.577/165.139
=0.22

* 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 0.22 mean?
Max Petroleum (LSE:MXP) has a LT-Debt-to-Total-Asset of 0.22 as of Sep. 2014. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Max Petroleum and its competitors.
Is Max Petroleum's LT-Debt-to-Total-Asset too high?
Max Petroleum's current LT-Debt-to-Total-Asset is 0.22.
How does Max Petroleum's LT-Debt-to-Total-Asset compare to competitors?
Max Petroleum's LT-Debt-to-Total-Asset of 0.22 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 Max Petroleum and its competitors. Max Petroleum's current LT-Debt-to-Total-Asset is 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Max Petroleum stock overvalued right now?
Max Petroleum (LSE:MXP) has a current LT-Debt-to-Total-Asset of 0.22. The current LT-Debt-to-Total-Asset is 0.22. 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 Max Petroleum (LSE:MXP), the current LT-Debt-to-Total-Asset is 0.22 as of Sep. 2014. 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.

Max Petroleum Business Description

Industry EnergyOil & Gas
Address 4th Floor, Ergon House, Dean Bradley Street, London, GBR, SW1P 2AL
Max Petroleum Plc is an independent oil and gas exploration and production company. The company is engaged in the business of exploration, development, and production of oil and gas assets within the Republic of Kazakhstan. The group owns the exploration and production rights to the Blocks A&E License, which comprises two onshore blocks extending over 12,455 km2 in the Pre-Caspian Basin in Western Kazakhstan.