Paramount Resources (TSX:POU) LT-Debt-to-Total-Asset : 0.04 (As of Dec. 2024)

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

Paramount Resources's long-term debt to total assets ratio increased from Dec. 2023 (0.01) to Dec. 2024 (0.04). It may suggest that Paramount Resources is progressively becoming more dependent on debt to grow their business.

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

The historical data trend for Paramount 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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Paramount Resources LT-Debt-to-Total-Asset Chart

Paramount Resources Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.24

0.10

0.04

0.01

0.04

Paramount Resources 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	0.01	0.02	0.04

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

Paramount 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 )
	=	198.3	/	4757.5
	=	0.04

Paramount 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 )
	=	198.3	/	4757.5
	=	0.04

Paramount Resources (TSX:POU) 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.

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

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Paramount Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Paramount Resources Ltd (TSX:POU) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

PRMRF:USA PQ51:Germany PQ51:Germany

Address

888 - 3rd Street SW, Suite 4700, Calgary, AB, CAN, T2P 5C5

Website

https://www.paramountres.com

Paramount Resources Ltd is a Canadian energy company that explores and develops both conventional and unconventional petroleum and natural gas. The company explores for and develops both conventional and unconventional petroleum and natural gas, including longer-term strategic exploration and pre-development plays, and holds a portfolio of investments in other entities. Its primary focus in the Grande Prairie Region is its Karr and Wapiti Montney properties. Kaybob Region includes the Kaybob North Duvernay development and other natural gas and oil-producing properties. The Central Alberta and Other Region includes the Willesden Green Duvernay development in central Alberta and shale gas properties in the Horn River Basin and Liard Basin in northeast British Columbia.

Executives

Kimberley Elizabeth Lynch Proctor	Director
Rodrigo Sousa	Senior Officer
Dirk Jungé	Director
Michael S. Han	Senior Officer
Brenda Gail Riddell	10% Security Holder
David Blake Reid	Senior Officer
Garth W.j. Stotts	Senior Officer
Bernard K. Lee	Senior Officer
John B. Williams	Senior Officer
Mark Gordon Franko	Senior Officer
James Geral Bell	Director
Joerg Wittenberg	Senior Officer
Phillip G. Tahmazian	Senior Officer
Jonathan Leslie Younie	Senior Officer
Bradley Nixon Scharfe	10% Security Holder

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