Paz Retail And Energy (XTAE:PAZ) LT-Debt-to-Total-Asset : 0.38 (As of Dec. 2024)

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What is Paz Retail And Energy 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. Paz Retail And Energy's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.38.

Paz Retail And Energy's long-term debt to total assets ratio declined from Dec. 2023 (0.42) to Dec. 2024 (0.38). It may suggest that Paz Retail And Energy is progressively becoming less dependent on debt to grow their business.

Paz Retail And Energy LT-Debt-to-Total-Asset Historical Data

The historical data trend for Paz Retail And Energy'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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Paz Retail And Energy LT-Debt-to-Total-Asset Chart

Paz Retail And Energy Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.44

0.42

0.33

0.42

0.38

Paz Retail And Energy 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															0.42	0.41	0.44	0.41	0.38

Paz Retail And Energy LT-Debt-to-Total-Asset Calculation

Paz Retail And Energy'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 )
	=	4005	/	10491
	=	0.38

Paz Retail And Energy'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 )
	=	4005	/	10491
	=	0.38

Paz Retail And Energy (XTAE:PAZ) 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.

Paz Retail And Energy LT-Debt-to-Total-Asset Related Terms

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Paz Retail And Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Paz Retail And Energy Ltd (XTAE:PAZ) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

Euro Park, Holland Building, Kibbutz Yakum, Tel Aviv, ISR, 60972

Website

https://www.paz.co.il

Paz Retail And Energy Ltd formerly Paz Oil Co Ltd is a energy company that engages in the refining, production, storage, importing and marketing of fuel products. Alongside these operations, Paz has fuel product storage, distribution terminals, and a network of filling stations and convenience stores. The majority of revenue can be traced back to the company's retail and wholesale and refining divisions. The R&W division participates in the marketing, distributing, and transporting of oil at filling stations. This division also is involved in the management, leasing, logistics, and maintenance of many of the filling stations and convenience stores. Operations under the refining division include the import of crude oil and related products, production of oil distillates.

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