Norstra Energy (Norstra Energy) Debt-to-Asset : 1.10 (As of Nov. 2013)

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What is Norstra Energy Debt-to-Asset?

Norstra Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2013 was $0.00 Mil. Norstra Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2013 was $0.84 Mil. Norstra Energy's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Nov. 2013 was $0.76 Mil. Norstra Energy's debt to asset for the quarter that ended in Nov. 2013 was 1.10.

Norstra Energy Debt-to-Asset Historical Data

The historical data trend for Norstra Energy's Debt-to-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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Norstra Energy Debt-to-Asset Chart

Norstra Energy Annual Data

Trend

Feb12

Feb13

Debt-to-Asset

0.80

Norstra Energy Quarterly Data
	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13
Debt-to-Asset	Get a 7-Day Free Trial			-	0.80	0.72	0.92	1.10

Competitive Comparison of Norstra Energy's Debt-to-Asset

For the Oil & Gas E&P subindustry, Norstra Energy's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Norstra Energy's Debt-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Norstra Energy's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Norstra Energy's Debt-to-Asset falls into.

Norstra Energy Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Norstra Energy's Debt-to-Asset for the fiscal year that ended in Feb. 2013 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	0.1)	/	0.125
	=	0.80

Norstra Energy's Debt-to-Asset for the quarter that ended in Nov. 2013 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0	+	0.835)	/	0.757
	=	1.10

Norstra Energy (GREY:NORX) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Norstra Energy Debt-to-Asset Related Terms

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Norstra Energy (Norstra Energy) Business Description

Industry

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Traded in Other Exchanges

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Address

1048 WEST 11TH, Suite 400, Spokane, WA, USA, 99204

Website

http://www.norstraenergy.com

Norstra Energy Inc explores and develops oil and gas properties. The exploration activities of company are subject to federal, state and local laws and regulations governing exploration, environmental matters, occupational health and safety, taxes, labor standards and other matters.

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