Valiant Petroleum (LSE:VPP) LT-Debt-to-Total-Asset : 0.15 (As of Jun. 2012)

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What is Valiant Petroleum 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. Valiant Petroleum's long-term debt to total assests ratio for the quarter that ended in Jun. 2012 was 0.15.

Valiant Petroleum's long-term debt to total assets ratio increased from Jun. 2011 (0.04) to Jun. 2012 (0.15). It may suggest that Valiant Petroleum is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Valiant 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.

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

Valiant Petroleum Annual Data

Trend

Sep06

Sep07

Dec08

Dec09

Dec10

Dec11

LT-Debt-to-Total-Asset

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0.46

0.32

0.23

0.01

Valiant Petroleum Semi-Annual Data
	Mar08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial			0.21	0.23	0.04	0.01	0.15

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

Valiant Petroleum's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2011 is calculated as

LT Debt to Total Assets (A: Dec. 2011 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2011 )	/	Total Assets (A: Dec. 2011 )
	=	2.766	/	368.353
	=	0.01

Valiant Petroleum's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2012 is calculated as

LT Debt to Total Assets (Q: Jun. 2012 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2012 )	/	Total Assets (Q: Jun. 2012 )
	=	67.523	/	444.17
	=	0.15

Valiant Petroleum (LSE:VPP) 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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