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Sable Offshore (Sable Offshore) Debt-to-Asset : 0.12 (As of Dec. 2023)


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What is Sable Offshore Debt-to-Asset?

Sable Offshore's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7.51 Mil. Sable Offshore's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Sable Offshore's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $63.92 Mil. Sable Offshore's debt to asset for the quarter that ended in Dec. 2023 was 0.12.

Sable Offshore Debt-to-Asset Historical Data

The historical data trend for Sable Offshore'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.

* Premium members only.

Sable Offshore Debt-to-Asset Chart

Sable Offshore Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Asset
0.15 - 0.01 0.12

Sable Offshore Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.03 0.03 0.06 0.12

Competitive Comparison of Sable Offshore's Debt-to-Asset

For the Oil & Gas Drilling subindustry, Sable Offshore'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.

Sable Offshore's Debt-to-Asset Distribution in the Oil & Gas Industry

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

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


Sable Offshore Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Sable Offshore's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(7.51 + 0) / 63.923
=0.12

Sable Offshore's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(7.51 + 0) / 63.923
=0.12

* 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.

Sable Offshore  (NYSE:SOC) 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.

Sable Offshore Debt-to-Asset Related Terms

Thank you for viewing the detailed overview of Sable Offshore's Debt-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Sable Offshore (Sable Offshore) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sable Offshore Corp (NYSE:SOC) » Definitions » Debt-to-Asset
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Traded in Other Exchanges
FLME.U:USA
Address
700 Milam Street, Suite 3300, Houston, TX, USA, 77002
Website
https://www.flameacq.com
Flame Acquisition Corp is a blank check company.
Executives
Global Icav Pilgrim 10 percent owner 21-23 CITY QUAY, RIVERVIEW HOUSE, DUBLIN L2 D2
Pilgrim Global Advisors Llc 10 percent owner 4785 CAUGHLIN PARKWAY, RENO NV 89519
Darren Maupin 10 percent owner C/O PILGRIM GLOBAL ADVISORS LLC, 4785 CAUGHLIN PARKWAY, RENO NV 89519
James C Flores director, 10 percent owner, officer: CEO & President P.O. BOX 1083, HOUSTON TX 77251
Christopher Binyon Sarofim director 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Gregory Phillip Pipkin director 11227 SMITHDALE ROAD, HOUSTON TX 77024
Flame Acquisition Sponsor Llc 10 percent owner C/O FLAME ACQUISITION CORP., 700 MILAM STREET, SUITE 3300, HOUSTON TX 77002
Gregory D. Patrinely officer: CFO & Secretary C/O FLAME ACQUISITION CORP., 700 MILAM STREET, SUITE 3300, HOUSTON TX 77002
Michael E. Dillard director C/O FLAME ACQUISITION CORP., 700 MILAM STREET, SUITE 3300, HOUSTON TX 77002