PNNEF (Pambili Natural Resources) LT-Debt-to-Total-Asset: 0.21 (As of Dec. 2024)


What is Pambili Natural Resources LT-Debt-to-Total-Asset?

Pambili Natural Resources PNNEF LT-Debt-to-Total-Asset is 0.21 as of Dec. 2024.

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. Pambili Natural Resources's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.21.

Pambili Natural Resources's long-term debt to total assets ratio declined from Dec. 2023 (8.13) to Dec. 2024 (0.21). It may suggest that Pambili Natural Resources is progressively becoming less dependent on debt to grow their business.

Pambili Natural Resources  (OTCPK:PNNEF) 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.

Pambili Natural Resources LT-Debt-to-Total-Asset Related Terms

Pambili Natural Resources LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Pambili Natural Resources'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.

Pambili Natural Resources LT-Debt-to-Total-Asset Chart

Pambili Natural Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.50 167.00 1.05 8.13 0.21

Pambili Natural Resources Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only 8.13 1.56 1.01 0.12 0.21

Pambili Natural Resources LT-Debt-to-Total-Asset Calculation

Pambili Natural Resources's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )/Total Assets (A: Dec. 2024 )
=0.017/0.08
=0.21

Pambili Natural Resources's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )/Total Assets (Q: Dec. 2024 )
=0.017/0.08
=0.21

* 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 0.21 mean?
Pambili Natural Resources (PNNEF) has a LT-Debt-to-Total-Asset of 0.21 as of Dec. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Pambili Natural Resources and its competitors.
Is Pambili Natural Resources' LT-Debt-to-Total-Asset too high?
Pambili Natural Resources' current LT-Debt-to-Total-Asset is 0.21.
How does Pambili Natural Resources' LT-Debt-to-Total-Asset compare to COP and EOG?
Pambili Natural Resources' LT-Debt-to-Total-Asset of 0.21 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 Pambili Natural Resources and its competitors. Pambili Natural Resources's current LT-Debt-to-Total-Asset is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pambili Natural Resources stock overvalued right now?
Pambili Natural Resources (PNNEF) has a current LT-Debt-to-Total-Asset of 0.21. The current LT-Debt-to-Total-Asset is 0.21. 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 Pambili Natural Resources (PNNEF), the current LT-Debt-to-Total-Asset is 0.21 as of Dec. 2024. 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.

Pambili Natural Resources Business Description

Industry EnergyOil & Gas
Address 707 - 7th Avenue SW, Suite 1150, Calgary, AB, CAN, T2P 3H6
Pambili Natural Resources Corp is a natural resource exploration and development company focused on the southern Africa's mining sector. The company's operational activities are conducted in two geographic segments: Canada and Zimbabwe. Its operational activities are segmented between legacy oil and gas assets in Canada and gold mining activities in Zimbabwe. The company derives maximum revenue from Zimbabwe's gold activities. Its projects include the London Wall mines and claims, as well as the Golden Valley Project.