Nnk-Varyoganneftegaz PJSC (MIC:VJGZ) LT-Debt-to-Total-Asset: 0.20 (As of Jun. 2023)

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Nnk-Varyoganneftegaz PJSC MIC:VJGZ

17 GF Score

Price ₽3,125.00

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What is Nnk-Varyoganneftegaz PJSC LT-Debt-to-Total-Asset?

Nnk-Varyoganneftegaz PJSC MIC:VJGZ +4.87% 17 LT-Debt-to-Total-Asset is 0.20 as of Jun. 2023. GuruFocus rates MIC:VJGZ 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. Nnk-Varyoganneftegaz PJSC's long-term debt to total assests ratio for the quarter that ended in Jun. 2023 was 0.20.

Nnk-Varyoganneftegaz PJSC's long-term debt to total assets ratio increased from Jun. 2021 (0.00) to Jun. 2023 (0.20). It may suggest that Nnk-Varyoganneftegaz PJSC is progressively becoming more dependent on debt to grow their business.

Nnk-Varyoganneftegaz PJSC (MIC:VJGZ) 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.

Nnk-Varyoganneftegaz PJSC LT-Debt-to-Total-Asset Related Terms

Nnk-Varyoganneftegaz PJSC LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Nnk-Varyoganneftegaz PJSC'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.

Nnk-Varyoganneftegaz PJSC LT-Debt-to-Total-Asset Chart

Nnk-Varyoganneftegaz PJSC Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

LT-Debt-to-Total-Asset

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0.00

0.06

0.00

Nnk-Varyoganneftegaz PJSC Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Jun22	Jun23
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.02	0.00	0.00	0.00	0.20

17GF Score

Nnk-Varyoganneftegaz PJSC MIC:VJGZ

LT-Debt-to-Total-Asset is just one metric. See GF Score™, valuation, warning signs, and more.

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Nnk-Varyoganneftegaz PJSC LT-Debt-to-Total-Asset Calculation

Nnk-Varyoganneftegaz PJSC's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )	/	Total Assets (A: Dec. 2020 )
	=	132.072	/	70170.162
	=	0.00

Nnk-Varyoganneftegaz PJSC'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 )
	=	22758.209	/	115601.185
	=	0.20

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →

What does a LT-Debt-to-Total-Asset of 0.20 mean?

Nnk-Varyoganneftegaz PJSC (MIC:VJGZ) has a LT-Debt-to-Total-Asset of 0.20 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 Nnk-Varyoganneftegaz PJSC and its competitors.

Is Nnk-Varyoganneftegaz PJSC's LT-Debt-to-Total-Asset too high?

Nnk-Varyoganneftegaz PJSC's current LT-Debt-to-Total-Asset is 0.20. Overall, Nnk-Varyoganneftegaz PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.

How does Nnk-Varyoganneftegaz PJSC's LT-Debt-to-Total-Asset compare to COP and EOG?

Nnk-Varyoganneftegaz PJSC's LT-Debt-to-Total-Asset of 0.20 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 Nnk-Varyoganneftegaz PJSC and its competitors. Nnk-Varyoganneftegaz PJSC's current LT-Debt-to-Total-Asset is 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Nnk-Varyoganneftegaz PJSC stock overvalued right now?

Nnk-Varyoganneftegaz PJSC (MIC:VJGZ) has a current LT-Debt-to-Total-Asset of 0.20. The current LT-Debt-to-Total-Asset is 0.20. Nnk-Varyoganneftegaz PJSC'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 Nnk-Varyoganneftegaz PJSC (MIC:VJGZ), the current LT-Debt-to-Total-Asset is 0.20 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.

Nnk-Varyoganneftegaz PJSC Business Description

Industry Energy Oil & Gas

Comparable Companies MIC:RNFT MIC:MFGS MIC:CHGZ COP HKSE:00883 EOG TSX:CNQ PXD OXY MIC:NVTK HES ASX:WDS DVN FANG CTRA BKK:PTTEP TSE:1605 TSX:TOU OSL:AKRBP EQT

Address 2 Dist 21 Raduzhny Khanty-Ugra, Tyumen Region, Radughnyi, RUS, 628464

Website http://www.varegannefit rosneft.ru

Nnk-Varyoganneftegaz PJSC is a Russian company that operates in the oil and gas sector. The company is involved in the extraction and production of hydrocarbon raw materials.

17GF Score

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