ShaMaran Petroleum (STU:3B8) LT-Debt-to-Total-Asset : 0.36 (As of Dec. 2024)

View and export this data going back to 1991. Start your Free Trial

What is ShaMaran Petroleum 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. ShaMaran Petroleum's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.36.

ShaMaran Petroleum's long-term debt to total assets ratio declined from Dec. 2023 (0.47) to Dec. 2024 (0.36). It may suggest that ShaMaran Petroleum is progressively becoming less dependent on debt to grow their business.

ShaMaran Petroleum LT-Debt-to-Total-Asset Historical Data

The historical data trend for ShaMaran Petroleum'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.

ShaMaran Petroleum LT-Debt-to-Total-Asset Chart

ShaMaran Petroleum Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.08

0.06

0.51

0.47

0.36

ShaMaran Petroleum 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															0.47	0.48	0.52	0.43	0.36

ShaMaran Petroleum LT-Debt-to-Total-Asset Calculation

ShaMaran Petroleum'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 )
	=	170.583	/	472.425
	=	0.36

ShaMaran Petroleum'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 )
	=	170.583	/	472.425
	=	0.36

ShaMaran Petroleum (STU:3B8) 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.

ShaMaran Petroleum LT-Debt-to-Total-Asset Related Terms

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

ShaMaran Petroleum Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ShaMaran Petroleum Corp (STU:3B8) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

SHASF:USA SNM:Sweden 3B8:Germany SNM:Canada

Address

885 West Georgia Street, Suite 2000, Vancouver, BC, CAN, V6C 3E8

Website

https://www.shamaranpetroleum.com

ShaMaran Petroleum Corp is an oil development and exploration company. It is engaged in the business of developing and producing oil and gas. Along with its subsidiary, the company has an interest in the Atrush block, Kurdistan Region of Iraq. In addition, the group holds a participating interest in the Sarsang block of the Kurdistan region.

ShaMaran Petroleum Headlines

No Headlines