Isramco Negev 2 LP (XTAE:ISRA) LT-Debt-to-Total-Asset : 0.19 (As of Dec. 2024)

View and export this data going back to 1989. Start your Free Trial

What is Isramco Negev 2 LP 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. Isramco Negev 2 LP's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.19.

Isramco Negev 2 LP's long-term debt to total assets ratio declined from Dec. 2023 (0.22) to Dec. 2024 (0.19). It may suggest that Isramco Negev 2 LP is progressively becoming less dependent on debt to grow their business.

Isramco Negev 2 LP LT-Debt-to-Total-Asset Historical Data

The historical data trend for Isramco Negev 2 LP'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.

Isramco Negev 2 LP LT-Debt-to-Total-Asset Chart

Isramco Negev 2 LP Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.36

0.34

0.25

0.22

0.19

Isramco Negev 2 LP 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															0.22	0.21	0.18	0.17	0.19

Isramco Negev 2 LP LT-Debt-to-Total-Asset Calculation

Isramco Negev 2 LP'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 )
	=	918.137	/	4944.978
	=	0.19

Isramco Negev 2 LP'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 )
	=	918.137	/	4944.978
	=	0.19

Isramco Negev 2 LP (XTAE:ISRA) 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.

Isramco Negev 2 LP LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of Isramco Negev 2 LP's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Isramco Negev 2 LP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Isramco Negev 2 LP (XTAE:ISRA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Granite Street, Petach Tikvah, ISR, 4951407

Website

Isramco Negev 2 LP is engaged in the oil and gas exploration and extraction. It works in cooperation with Isramco Oil and Gas Ltd. and Isramco Management Ltd. It holds interests in oil and gas properties in Israel.

Isramco Negev 2 LP Headlines

From GuruFocus

Israel Faces Economic Threat as Financial Exemption Deadline Looms

By GuruFocus News • 10-29-2024