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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. Spartan Delta's long-term debt to total assests ratio for the quarter that ended in Mar. 2026 was 0.14.
Spartan Delta's long-term debt to total assets ratio
increased
from Mar. 2025 (0.04) to Mar. 2026 (0.14).
It may suggest that Spartan Delta is progressively becoming more dependent on debt to grow their business.
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.
Spartan Delta LT-Debt-to-Total-Asset Related Terms
Spartan Delta LT-Debt-to-Total-Asset Historical Data
* Premium members only.
The historical data trend for Spartan Delta'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.
* 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.
Spartan Delta (TSX:SDE) has a LT-Debt-to-Total-Asset of 0.14 as of Mar. 2026. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Spartan Delta and its competitors.
Is Spartan Delta's LT-Debt-to-Total-Asset too high?
Spartan Delta's current LT-Debt-to-Total-Asset is 0.14. Overall, Spartan Delta has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Spartan Delta's LT-Debt-to-Total-Asset compare to COP and EOG?
Spartan Delta's LT-Debt-to-Total-Asset of 0.14 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for an Oil & Gas company?
A good LT-Debt-to-Total-Asset depends on the Oil & Gas industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Spartan Delta and its competitors. Spartan Delta's current LT-Debt-to-Total-Asset is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spartan Delta stock overvalued right now?
Based on GuruFocus' analysis, Spartan Delta (TSX:SDE) is currently considered Significantly Overvalued. The stock's GF Value™ is C$5.24, compared to a current price of C$12.12 — trading 131.3% above its estimated fair value. The current LT-Debt-to-Total-Asset is 0.14. Spartan Delta's overall GF Score™ is 52/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Spartan Delta (TSX:SDE), the current LT-Debt-to-Total-Asset is 0.14 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Spartan Delta (TSX:SDE) Overvalued in 2026?
Based on GuruFocus' analysis, Spartan Delta stock appears to be overvalued.
The current stock price of C$12.12 is trading 131.3% above its estimated GF Value™ of C$5.24.
GuruFocus considers Spartan Delta to be Significantly Overvalued.
Key valuation signals for TSX:SDE:
LT-Debt-to-Total-Asset: 0.14
GF Value™: C$5.24 vs. price of C$12.12 (131.3% above fair value)
No single metric tells the full story. See the TSX:SDE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spartan Delta Corp is an oil and gas exploration and production company. The company is engaged in the exploration, development, and production of crude oil and natural gas properties in western Canada. The company operates and focuses its activities in west central Alberta, the Deep Basin and in the West Shale Basin Duvernay. It is a differentiated energy company whose ESG-focused culture is centered on generating sustainable free cash flow through oil and gas exploration and development.
52GF Score
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