RH Petrogas (SGX:T13) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2024)

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What is RH Petrogas 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. RH Petrogas's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.04.

RH Petrogas's long-term debt to total assets ratio increased from Dec. 2023 (0.03) to Dec. 2024 (0.04). It may suggest that RH Petrogas is progressively becoming more dependent on debt to grow their business.

RH Petrogas LT-Debt-to-Total-Asset Historical Data

The historical data trend for RH Petrogas'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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RH Petrogas LT-Debt-to-Total-Asset Chart

RH Petrogas Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.76

0.12

0.06

0.03

0.04

RH Petrogas Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.03	0.02	0.01	-	0.04

RH Petrogas LT-Debt-to-Total-Asset Calculation

RH Petrogas'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 )
	=	5.58	/	145.059
	=	0.04

RH Petrogas'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 )
	=	5.58	/	145.059
	=	0.04

RH Petrogas (SGX:T13) 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.

RH Petrogas LT-Debt-to-Total-Asset Related Terms

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RH Petrogas Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » RH Petrogas Ltd (SGX:T13) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

20 Harbour Drive, No. 06-03, Singapore, SGP, 117612

Website

http://www.rhpetrogas.com

RH Petrogas Ltd is an independent upstream oil and gas company, which engages in the exploration, development, and production of oil and gas resources. Geographically, it is focused on the ASEAN region and currently holds two producing assets in Indonesia.

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