Ratio Petroleum Energy LP (XTAE:RTPT) LT-Debt-to-Total-Asset : 0.03 (As of Dec. 2024)

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What is Ratio Petroleum Energy 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. Ratio Petroleum Energy LP's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.03.

Ratio Petroleum Energy LP's long-term debt to total assets ratio increased from Dec. 2023 (0.02) to Dec. 2024 (0.03). It may suggest that Ratio Petroleum Energy LP is progressively becoming more dependent on debt to grow their business.

Ratio Petroleum Energy LP LT-Debt-to-Total-Asset Historical Data

The historical data trend for Ratio Petroleum Energy 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.

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Ratio Petroleum Energy LP LT-Debt-to-Total-Asset Chart

Ratio Petroleum Energy LP Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.02

0.03

Ratio Petroleum Energy LP Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial											-	-	0.02	0.02	0.03

Ratio Petroleum Energy LP LT-Debt-to-Total-Asset Calculation

Ratio Petroleum Energy 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 )
	=	0.48	/	19.365
	=

Ratio Petroleum Energy 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 )
	=	0.48	/	19.365
	=

Ratio Petroleum Energy LP (XTAE:RTPT) 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.

Ratio Petroleum Energy LP LT-Debt-to-Total-Asset Related Terms

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Ratio Petroleum Energy LP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ratio Petroleum Energy LP (XTAE:RTPT) » Definitions » LT-Debt-to-Total-Asset

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Address

85 Yehuda Halevy, Tel Aviv, ISR, 6579614

Website

https://www.ratiopetroleum.com

Ratio Petroleum Energy LP is engaged in the exploration, development, and production of oil and gas around the world. It holds petroleum rights in four different basins around the world in Guyana-Suriname, Ireland, and the Philippines.

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