Strathcona Resources (STU:YE2) LT-Debt-to-Total-Asset : 0.25 (As of Dec. 2024)

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What is Strathcona Resources 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. Strathcona Resources's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.25.

Strathcona Resources's long-term debt to total assets ratio declined from Dec. 2023 (0.29) to Dec. 2024 (0.25). It may suggest that Strathcona Resources is progressively becoming less dependent on debt to grow their business.

Strathcona Resources LT-Debt-to-Total-Asset Historical Data

The historical data trend for Strathcona 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.

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Strathcona Resources LT-Debt-to-Total-Asset Chart

Strathcona Resources Annual Data

Trend

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

0.32

0.29

0.25

Strathcona Resources Quarterly Data
	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial					0.29	0.28	0.26	0.26	0.25

Strathcona Resources LT-Debt-to-Total-Asset Calculation

Strathcona 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 )
	=	1839.416	/	7358.4
	=	0.25

Strathcona 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 )
	=	1839.416	/	7358.4
	=	0.25

Strathcona Resources (STU:YE2) 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.

Strathcona Resources LT-Debt-to-Total-Asset Related Terms

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Strathcona Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Strathcona Resources Ltd (STU:YE2) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

STHRF:USA SCR:Canada

Address

421 7th Avenue South west, Suite 1900, Calgary, AB, CAN, T2P4K9

Website

https://www.strathconaresources.com

Strathcona Resources Ltd is an energy company, it is a consolidator and developer of oil and gas assets. It has three segments Cold Lake Thermal, which includes three producing assets in the Cold Lake region of Northern Alberta: Lindbergh, Orion, and Tucker; Lloydminster Heavy Oil which has multiple large oil-in-place reservoirs accessed through enhanced oil recovery techniques and thermal steam-assisted gravity drainage (SAGD), primarily located in Southwest Saskatchewan; and Montney which includes assets in the Northwest Alberta Kakwa and Grande Prairie regions and the Northeast British Columbia Groundbirch region.

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