PetroTal (TSX:TAL) Debt-to-Asset : 0.04 (As of Mar. 2024)

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What is PetroTal Debt-to-Asset?

PetroTal's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$2.5 Mil. PetroTal's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$35.0 Mil. PetroTal's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was C$948.0 Mil. PetroTal's debt to asset for the quarter that ended in Mar. 2024 was 0.04.

PetroTal Debt-to-Asset Historical Data

The historical data trend for PetroTal'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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PetroTal Debt-to-Asset Chart

PetroTal Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.01

0.29

0.17

0.04

PetroTal Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial															0.07	0.06	0.03	0.04	0.04

Competitive Comparison of PetroTal's Debt-to-Asset

For the Oil & Gas E&P subindustry, PetroTal'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.

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

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

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

PetroTal Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

PetroTal'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
	=	(2.958	+	35.774)	/	883.156
	=	0.04

PetroTal's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(2.526	+	35.042)	/	948.007
	=	0.04

PetroTal (TSX:TAL) 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.

PetroTal Debt-to-Asset Related Terms

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PetroTal (TSX:TAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PetroTal Corp (TSX:TAL) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

PTALF:USA PTAL:UK SER1:Germany

Address

16200 Park Row, Suite 310, Houston, TX, USA, 77084

Website

https://www.petrotal-corp.com

PetroTal Corp is an oil and gas company. The company is engaged in the exploration, appraisal, and development of crude oil and natural gas in Peru, South America. It generates revenues from the sale of crude oil. The company's operation includes Block 95 - Bretana oil field and Block 107 - Osheki Prospect.

Executives

Eleanor Jean Barker

Director