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InPlay Oil (TSX:IPO) LT-Debt-to-Total-Asset : 0.12 (As of Sep. 2024)


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What is InPlay Oil 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. InPlay Oil's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.12.

InPlay Oil's long-term debt to total assets ratio increased from Sep. 2023 (0.10) to Sep. 2024 (0.12). It may suggest that InPlay Oil is progressively becoming more dependent on debt to grow their business.

InPlay Oil LT-Debt-to-Total-Asset Historical Data

The historical data trend for InPlay Oil'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.

InPlay Oil LT-Debt-to-Total-Asset Chart

InPlay Oil Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.12 0.07 0.07 0.11

InPlay Oil Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.10 0.11 0.12 0.12 0.12

InPlay Oil LT-Debt-to-Total-Asset Calculation

InPlay Oil's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )/Total Assets (A: Dec. 2023 )
=50.982/472.956
=0.11

InPlay Oil's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=59.025/486.03
=0.12

* 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.

InPlay Oil  (TSX:IPO) 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.

InPlay Oil LT-Debt-to-Total-Asset Related Terms

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InPlay Oil Business Description

Industry
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Address
2000, 350 - 7th Avenue S.W., Calgary, AB, CAN, T2P 3N9
Website
https://www.inplayoil.com
InPlay Oil Corp is an oil development and production company based in Calgary, Alberta. It is engaged in the acquisition, exploration, and development of petroleum and natural gas properties, and the production and sale of crude oil, natural gas, and natural gas liquids. Its petroleum and natural gas operations are located in the Province of Alberta. The company's operations are focused on a concentrated light oil asset base located in West Central Alberta. It derives revenue from selling its production of crude oil, natural gas and NGLs under variable price contracts.
Executives
Douglas Bartole Director, Senior Officer
Darren W. Dittmer Senior Officer
Brent Michael Howard Senior Officer
Kevin Yakiwchuk Senior Officer
Kevin Leonard Senior Officer
Regan Todd Davis Director
Thane Jensen Senior Officer
Stephen Curtis Nikiforuk Director
Sprott Resource Holdings Inc. 10% Security Holder