PAO Sovcomflot (MIC:FLOT) LT-Debt-to-Total-Asset: 0.17 (As of Jun. 2023)


MIC:FLOT PAO Sovcomflot MIC:FLOT
17 GF Score
Price ₽75.37
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What is PAO Sovcomflot LT-Debt-to-Total-Asset?

PAO Sovcomflot MIC:FLOT -0.70% 17 LT-Debt-to-Total-Asset is 0.17 as of Jun. 2023. GuruFocus rates MIC:FLOT with a GF Score™ of 17/100.

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. PAO Sovcomflot's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.17.

PAO Sovcomflot's long-term debt to total assets ratio declined from Jun. 2021 (0.38) to Jun. 2023 (0.17). It may suggest that PAO Sovcomflot is progressively becoming less dependent on debt to grow their business.

PAO Sovcomflot  (MIC:FLOT) 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.

PAO Sovcomflot LT-Debt-to-Total-Asset Related Terms

PAO Sovcomflot LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for PAO Sovcomflot'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.

PAO Sovcomflot LT-Debt-to-Total-Asset Chart

PAO Sovcomflot Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only 0.43 0.44 0.42 0.38 0.37

PAO Sovcomflot Semi-Annual Data
Dec13 Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun23
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 0.39 0.38 0.38 0.37 0.17
MIC:FLOT
17GF Score
PAO Sovcomflot MIC:FLOT
LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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PAO Sovcomflot LT-Debt-to-Total-Asset Calculation

PAO Sovcomflot's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

LT Debt to Total Assets (A: Dec. 2021 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2021 )/Total Assets (A: Dec. 2021 )
=201450.171/541488.169
=0.37

PAO Sovcomflot's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

LT Debt to Total Assets (Q: Jun. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Jun. 2023 )/Total Assets (Q: Jun. 2023 )
=91260.371/551592.012
=0.17

* 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 0.17 mean?
PAO Sovcomflot (MIC:FLOT) has a LT-Debt-to-Total-Asset of 0.17 as of Jun. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on PAO Sovcomflot and its competitors.
Is PAO Sovcomflot's LT-Debt-to-Total-Asset too high?
PAO Sovcomflot's current LT-Debt-to-Total-Asset is 0.17. Overall, PAO Sovcomflot has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does PAO Sovcomflot's LT-Debt-to-Total-Asset compare to EPD and WMB?
PAO Sovcomflot's LT-Debt-to-Total-Asset of 0.17 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 PAO Sovcomflot and its competitors. PAO Sovcomflot's current LT-Debt-to-Total-Asset is 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PAO Sovcomflot stock overvalued right now?
PAO Sovcomflot (MIC:FLOT) has a current LT-Debt-to-Total-Asset of 0.17. The current LT-Debt-to-Total-Asset is 0.17. PAO Sovcomflot's overall GF Score™ is 17/100. 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 PAO Sovcomflot (MIC:FLOT), the current LT-Debt-to-Total-Asset is 0.17 as of Jun. 2023. 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.

PAO Sovcomflot Business Description

Industry EnergyOil & Gas
Address 6 Gasheka Street, Moscow, RUS, 125047
PAO Sovcomflot is a shipping company. It provides maritime transportation of hydrocarbons, as well as the servicing and support of offshore exploration and oil and gas production. The company's operating segment includes Offshore services; Gas transportation; Crude oil transportation; Oil products transportation and others. It generates maximum revenue from the Offshore services segment.
17GF Score

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LT-Debt-to-Total-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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