PROP (Prairie Operating Co) LT-Debt-to-Total-Asset : 0.22 (As of Dec. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Prairie Operating Co 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. Prairie Operating Co's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.22.

Prairie Operating Co's long-term debt to total assets ratio increased from Dec. 2023 (0.00) to Dec. 2024 (0.22). It may suggest that Prairie Operating Co is progressively becoming more dependent on debt to grow their business.

Prairie Operating Co LT-Debt-to-Total-Asset Historical Data

The historical data trend for Prairie Operating Co'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.

* Premium members only.

Prairie Operating Co LT-Debt-to-Total-Asset Chart

Prairie Operating Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.92

0.22

0.08

0.22

Prairie Operating Co 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															-	0.01	-	0.01	0.22

Prairie Operating Co LT-Debt-to-Total-Asset Calculation

Prairie Operating Co'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 )
	=	33.652	/	156.554
	=	0.21

Prairie Operating Co'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 )
	=	33.652	/	156.554
	=	0.21

Prairie Operating Co (NAS:PROP) 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.

Prairie Operating Co LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Prairie Operating Co's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Prairie Operating Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Prairie Operating Co (NAS:PROP) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Waugh Drive, Suite 400, Houston, TX, USA, 77007

Website

https://www.prairieopco.com

Prairie Operating Co is a Houston-based independent energy company engaged in the development and acquisition of oil and natural gas resources in the United States. The Company's assets and operations are concentrated in the oil and liquids-rich regions of the Denver-Julesburg (DJ) Basin, with a focus on the Niobrara and Codell formations. The Company is committed to the responsible development of its oil and natural gas resources and is focused on maximizing returns through consistent growth, capital discipline, and sustainable cash flow generation.

Executives

Robert Craig Owen	officer: Chief Financial Officer	2350 N. SAM HOUSTON PARKWAY EAST, SUITE 125, HOUSTON TX 77032
Bryan Freeman	officer: Exec VP of Operations	16200 PARK ROW, SUITE 300, HOUSTON TX 77084
Daniel T. Sweeney	officer: General Counsel & Corp. Sec'y	8636 N. CLASSEN BOULEVARD, OKLAHOMA CITY OK 73114
Stephen Lee	director	3326 MID LANE, HOUSTON TX 77027
Gizman I Abbas	director	415 WASHINGTON STREET, APT 1B, NEW YORK NY 10013
Erik Thoresen	director	C/O FUSION ACQUISITION CORP. II, 667 MADISON AVENUE, NEW YORK NY 10065
Paul Kessler	director, 10 percent owner	555 MARIN STREET, SUITE 140, THOUSAND OAKS CA 91360
James W. Wallis	10 percent owner	6410 NORTH SANTA FE AVE., STE B, OKLAHOMA CITY OK 73116
Jonathan H. Gray	director	657 PERUGIA WAY, LOS ANGELES CA 90077
Gary C Hanna	director, officer: President
Michael Martin Breen	director	LOWSLEY HOUSE 133 HEADLEY ROAD, LIPHOOK X0 GU30 7PU
Jeremy Landon Ham	officer: Chief Commercial Officer	12115 DOUBLE TREE DRIVE, HOUSTON TX 77070
Edward Kovalik	director, officer: Chief Executive Officer	1 GRAND ARMY PLAZA, 11 GG, BROOKLYN NY 11238
Scott D Kaufman	director, 10 percent owner, officer: Chairman, CEO and President	MIDUSMMER INVESTMENT LTD, 485 MADISON AVENUE 23RD FLOOR, NEW YORK NY 10022
Alan Louis Urban	officer: Chief Financial Officer	1524 CLOVERFIELD BOULEVARD, SUITE E, SANTA MONICA CA 90404