Yangarra Resources (TSX:YGR) LT-Debt-to-Total-Asset : 0.14 (As of Dec. 2024)

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What is Yangarra 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. Yangarra Resources's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.14.

Yangarra Resources's long-term debt to total assets ratio declined from Dec. 2023 (0.15) to Dec. 2024 (0.14). It may suggest that Yangarra Resources is progressively becoming less dependent on debt to grow their business.

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

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

Yangarra Resources Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.33

0.29

0.15

0.14

Yangarra 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															0.15	0.14	0.14	0.14	0.14

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

Yangarra 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 )
	=	116.988	/	860.383
	=	0.14

Yangarra 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 )
	=	116.988	/	860.383
	=	0.14

Yangarra Resources (TSX:YGR) 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.

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

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Yangarra Resources Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

YGRAF:USA 702B:Germany

Address

715-5 Avenue S.W., Suite 1530, Calgary, AB, CAN, T2P 2X6

Website

https://www.yangarra.ca

Yangarra Resources Ltd is a junior oil and gas company that is engaged in the exploration, development, and production of natural gas and oil with operations in Western Canada. The company has its operations in Central Alberta. The Company has its main focus in the Western Canadian Sedimentary Basin, where it has an extensive infrastructure and land holdings. These areas include, O'Chiese, Willesden Green, Ferrier, Cow Lake, Chambers, and Chedderville.

Executives

Penelope Payne	Director
Gordon Bowerman	Director
Brett Daniel Booth	Senior Officer
James Grant Evaskevich	Director, Senior Officer
Gurdeep Singh Gill	Senior Officer
James Alan Glessing	Senior Officer
Patricia Olynyk	Senior Officer
Frederick Lee Morton	Director
Lorne David Simpson	Senior Officer
Neil M. Mackenzie	Director
Robert Weir	Director
Dale Miller	Director
Randall Faminow	Senior Officer

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